#372. Dad, what is clutter?
Anything that does not bring tranquillity and peace to your life is clutter.
Minimalism
#362. Dad, what is the avocado toast problem?
Avocado toast is not the problem. It is about unnecessary expenses that prevent us from achieving our financial goals.
#302. Dad, is it OK to buy inexpensive stuff?
Justifying purchases with a low sticker price is faulty logic. Eventually, our stuff will get the last laugh with the silent stress of a cluttered […]
#266. Dad, tell me about financial discipline.
Financial discipline fosters character traits like self control, prudence, and patience.
#260. Dad, how do I get what I want?
One way, is to want less. Another way is to first help other people get what they want.
#250. Dad, what is akrasia?
Akrasia is when you do one thing even though you know you should do something else. Like spending and saving.
#214. Dad, some days are so hard
DAD: Your track record for getting through hard days is 100% so far.
#207. Dad, what is the “ten second” rule?
DAD: Any time you are about to spend money, count to ten slowly and consider how this purchase may impact your life.
#203. Dad, what is the debt snowball method?
DAD: This method helps you to pay off debts with the smallest amount owed first.
#178. Dad, how do I make changes in my life?
Practice rituals and build habits one at a time and then let them build on one another.
#176. Dad, how do I increase my attention span?
Stop multitasking and remove anything from your environment that might distract you.
#165. Dad, I feel I don’t earn enough money to be wealthy.
How much you earn does not determine your ability to build wealth. The first step to building wealth is to spend less than you earn.
#162. Dad, I think I have become too comfortable with routine.
Don’t live the same day over and over again and call it a life!
#157. Dad, how do I deal with daily distractions?
There are more distractions than ever before, and you must learn to control your attention span in order to control your life.
#150. Dad, what is passive income?
Passive income is income you earn while you are doing something else.
#139. Dad, I feel that I spend so much time organizing my stuff.
Better than organizing more, try owning less.
#138. Dad, sometimes I feel I am busy all the time
We are all busy. We’ve all taken on too much. Saying yes to less is the way out.
#119. Dad, how did decluttering make you feel?
Decluttering allowed me to have more of what I love, and less of what I don’t.
#118. Dad, what is the external comparison trap?
Comparison makes us feel as if life is a race. The only benefit to comparison is inspiration.
#102. Dad, does having more stuff equal happiness?
Material items do not always equal happiness. Sometimes they just add stress and debt.
#82. Dad, does having more stuff make me happier?
Material items do not always equal happiness. Sometimes they just add more stress and debt.
#76. Dad, should I start to invest?
Start by investing in your personal development and become an expert in one thing.
#74. Dad, how do I get through all my many tasks in a day?
It’s not about how much you do each day, but rather how you reduce the unessential very day. Less is more.
#72. Dad, what is minimalism?
Minimalism is less about the quantity of items you have and more about the quality of life you create.
#65. Dad, is the goal to reduce debt?
Debt is not a goal. Debt is what is standing in the way.
#64. Dad, what is the external comparison trap?
Comparison makes us feel as if life is a race. The only conceivable benefit to comparison is inspiration.
#60. Dad, what percentage of items would you replace if you lost everything in a fire?
Definitely less than 100%. We all have way too much stuff.
#57. Dad, what is financial awareness?
Recognizing the state of your finances when making financial decisions by not allowing your emotions to get the better of you.
#56. Dad, what is the quote from the movie “Fight Club” you mention when speaking about materialism?
“The things you own end up owning you”. Materialism, by and large, is a psychological trap. No matter how much you own, how much you […]
#55. Dad, why is it so awkward to talk about money when you are in a relationship?
It is awkward, but necessary, to talk about money with your loved ones. I suggest you speak often, keep the conversation light and understand your […]
#34. Dad, what is the difference between a want and a need?
A need is something you have to have. A want is a choice.
#32. Dad, what is “Black Friday”
Sadly, “Black Friday” is the day we trample people for things we don’t need, the day after being thankful for what we have.
#15. Dad, do you think that it is important to maintain an image, even if you cannot afford to do so?
Be authentic! Maintaining an image that your income cannot support goes against being authentic. You cannot pay your bills based on how you appear to […]