#12. Dad, does earning more money translate into more savings?By / Lifestyle inflation is when you keep increasing your lifestyle as your income grows. That is why so many wealthy people are in debt.
#343. Dad, I focus too much on yesterday and tomorrow? Fear, Gratitude, Happiness, Wisdom / By Obsession with yesterday leads to regret and a constant focus on the future breeds anxiety.
#417. Dad, how do I build mental endurance? Courage, Habits, Kindness, Resilience, Self Esteem, Wisdom / By The drive to persevere is something some are born with, but it’s also a muscle everyone can learn to flex.
#24. Dad, is it better to pay off debts or save first? Wisdom / By From a pure math point of view, it’s almost always better to pay off debts before putting money into savings. […]
#359. Dad, how do I achieve my goals and focus on my values? Decisions, Humble, Purpose, Values, Wisdom / By You have to do both. Otherwise, your goals will not have any value.
#220. Dad, what is “buy now and pay later” culture? Wisdom / By DAD: Carrying too much debt causes more than budgeting problems; it can cause stress and personal problems, too.