#91. Dad, what is a credit card?By / A credit card is money that does not belong to you. It is not free, and the longer you take to pay it off, the more it costs you.
#44. Dad, when do most people over spend their income? Credit Card, Debt, Money, Spending / By DAD: Most people who overspend their income in one of three ways: Too much house, Too much car, Too much […]
#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 […]
#203. Dad, what is the debt snowball method? Credit Card, Debt, Financial Freedom, Minimalism, Money / By DAD: This method helps you to pay off debts with the smallest amount owed first.
#414. Dad, what do you mean by “hoarding life”. Authentic, Delayed Gratification, Fear, Gratitude, Happiness, Peace, Self Esteem, Simplicity, Success, Wisdom / By Spending your days trying to get experiences “under your belt”, in an effort to maximise your collection of experiences. Placing […]
#28. Dad, what is delayed gratification? Debt, Delayed Gratification, Simplicity, Spending / By Giving up temptation for long term benefit.
#266. Dad, tell me about financial discipline. Decisions, Delayed Gratification, Financial Freedom, Habits, Minimalism, Simplicity / By Financial discipline fosters character traits like self control, prudence, and patience.