#250. Dad, what is akrasia?By / Akrasia is when you do one thing even though you know you should do something else. Like spending and saving.
#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 […]
#123. Dad, how do I stay balanced? Decisions, Happiness, Humble, Motivation, Simplicity / By Balance is not about perfection. It’s about avoiding extremes.
#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 […]
#391. Dad, what is the “flywheel effect?” Habits, Motivation, Simplicity, Time / By When small wins build on top of each other over time, momentum will gradually build up and help each “cycle” […]
#15. Dad, do you think that it is important to maintain an image, even if you cannot afford to do so? BLOG, Debt, Minimalism, Money / By Be authentic! Maintaining an image that your income cannot support goes against being authentic. You cannot pay your bills based […]
#34. Dad, what is the difference between a want and a need? Debt, Decisions, Delayed Gratification, Financial Freedom, Minimalism / By A need is something you have to have. A want is a choice.