#105. Dad, what is the “30-day rule!”By / When making large purchases, use this rule to decide whether the item is a need or a want.
#65. Dad, is the goal to reduce debt? Debt, Minimalism, Money, Values / By Debt is not a goal. Debt is what is standing in the way.
#302. Dad, is it OK to buy inexpensive stuff? Debt, Decisions, Life Advice, Minimalism, YOLO / By Justifying purchases with a low sticker price is faulty logic. Eventually, our stuff will get the last laugh with the […]
#182. Dad, should I finance my used car? Debt, Financial Freedom, Money / By Don’t finance things that go down in value
#397. Dad, what is “Premeditatio Malorum”? Decisions, Delayed Gratification, Fear, Resilience, Risk / By Premeditatio Malorum or “negative visualization” is a Stoic exercise of imagining things that could go wrong or be taken away […]
#422. Dad, when does being frugal cross the line into being cheap? Financial Freedom, Lifestyle, Minimalism, Money, Simplicity, Values / By Frugal people make smart financial choices while still investing in what matters. Cheap people sacrifice quality and relationships just to […]
#50. Dad, how do I save for short-term goals? Debt, Financial Freedom, Habits, Spending / By Pick a goal. Create a separate account to save for the goal. Start saving for that goal.