#26. Dad, is the goal financial independence?By / It is important to recognize that your financial situation should be a side effect of pursuing a greater purpose. Financial independence is not your aim; it’s merely a means to an end.
#12. Dad, does earning more money translate into more savings? Wisdom / By Lifestyle inflation is when you keep increasing your lifestyle as your income grows. That is why so many wealthy people […]
#10. Dad, how do I control my impulses and stop buying stuff I don’t need? Wisdom / By Your impulses are largely focused on getting instant gratification. If you want to experience the best life has to offer, […]
#3. Dad, what is ‘What-the-hell-effect’? Debt, Spending / By The ‘What-the-hell-effect’ is when you have spent more than you have earned and then decide that you might as well […]
#74. Dad, how do I get through all my many tasks in a day? Character, Habits, Minimalism, Peace, Time, Wisdom / By It’s not about how much you do each day, but rather how you reduce the unessential very day. Less is […]
#49. Dad, what exactly does personal finance mean? Debt, Delayed Gratification, Financial Freedom, Generosity, Money, Spending / By Learning to budget, spend mindfully, and find a balance between seizing the day and saving for the future
#37. Dad, what is financial resilience? Character, Money, Resilience / By Financial resilience is the ability to bounce back, adapt, learn and continue to put one foot in front of the […]