#24. Dad, is it better to pay off debts or save first?By / From a pure math point of view, it’s almost always better to pay off debts before putting money into savings. There is one exception. Contributing to an emergency fund.
#5. Dad, how do I manage peer pressure? Wisdom / By Don’t become a prisoner of peer pressure. Your only regrets should be when you failed to lead with your values.
#2. Dad, I bought this shoe that usually costs $300, on sale for $200, I saved $100. Wisdom / By You should consider whether you saved $100 or spent $300 on something you did not need.
#17. Dad, what is the difference between rich people and wealthy people? Wisdom / By DAD: Rich people dream of money. Wealthy people dream of time, freedom, purpose and happiness.
#18. Dad, does carrying a credit card balance help improve your credit score? Wisdom / By No. No. No. If you fail to pay your credit card in full and on time, it will have a […]
#19. Dad, what is the path to wealth? Wisdom / By The path to wealth is not found in inexpensive things. The true way to wealth lies in finding the time […]
#277. Dad, can I always be perfectly happy? Happiness, Wisdom / By There is no magic bullet to happiness. There will always be discomfort and worry.