
#331. Dad, what is status anxiety?
It is the constant fear of being perceived as “unsuccessful” by society in terms of material wealth.
It is the constant fear of being perceived as “unsuccessful” by society in terms of material wealth.
Yes, as long as you temper your spending and don’t go into debt.
DAD: Any time you are about to spend money, count to ten slowly and consider how this purchase may impact your life.
DAD: This method helps you to pay off debts with the smallest amount owed first.
On the contrary, spending less brings more joy.
Canadian households owe $1.71 for every dollar they earn. Scary.
When making large purchases, use this rule to decide whether the item is a need or a want.
Pay your credit card balance in full every month.
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 […]
Just get started.
Most Millennials are weighed down by student debt, the high cost of housing and bleak career prospects.
DAD: Most people who overspend their income in one of three ways: Too much house, Too much car, Too much entertainment
When you develop a healthy relationship with money, you don’t spend money on needless stuff.
Sadly, “Black Friday” is the day we trample people for things we don’t need, the day after being thankful for what we have.
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; […]
Lifestyle inflation is when you keep increasing your lifestyle as your income grows. That is why so many wealthy people are in debt. Beware of […]
DAD: When it comes to understanding money, ignorance is not bliss.
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