#203. Dad, what is the debt snowball method?By / DAD: This method helps you to pay off debts with the smallest amount owed first.
#28. Dad, what is delayed gratification? Debt, Delayed Gratification, Simplicity, Spending / By Giving up temptation for long term benefit.
#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 […]
#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 […]
#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 […]
#362. Dad, what is the avocado toast problem? Accountability, Debt, Decisions, Habits, Minimalism / By Avocado toast is not the problem. It is about unnecessary expenses that prevent us from achieving our financial goals.
#193. Dad, are smart people financially wealthy? Financial Freedom, Money, Success, YOLO / By There is no correlation between high levels of intelligence and high levels of financial wealth.
