We all know Ikea. The furniture store where you buy a desk, spend a few hours (or days) assembling the hundreds of pieces into what looks like it could have taken 10 minutes to put together. For the most part, Ikea furniture is functional and uncluttered. … Read More
Heads Up! You’re probably losing money on your savings!
A savings account is an important part of any personal finance picture. It’s a separate, safe place to stash an emergency fund or save for a goal like a vacation or a downpayment on a house.… Read More
When trying to solve a problem I think most people will try to find the most effective solution for the least amount of effort. At a certain point any extra effort might be considered a waste. (see the Pareto principle, also known as the 80/20 rule – generally, 80% of the effects come from 20% of the causes). … Read More
Personal Finance is not a complicated topic on it’s own, despite various books, blogs, courses and programs on the subject. For me, the concept of money itself has greatly informed how I look at personal finance. All the advice, tricks, programs and apps in the world won’t truly make your life better until you decode what your relationship with money is really all about.… Read More
I’ve made around $2000 this year from credit card sign up bonuses and rewards. This doesn’t involve travel hacking or finding intricate ways to move money around, and takes maybe a few minutes each month to keep track of.
Before we begin, it’s important to note that when used unwisely, credit cards can be dangerous to your financial health. … Read More
A lot of savings is really just deferred spending. Savings for a wedding, new car, or vacation will be spent within the next year or so. Other savings, like for an emergency fund, may or may not be spent later – and may come out as a wash in your net worth. … Read More
One question I see on personal finance sites a lot is this:
If you could go back in time and tell your 18 year old self one thing, what would you tell him/her?
While there are plenty of things I could think of to tell 18 year old me (a prominent one being “DON’T START SMOKING!!!), one thing I could give my 18 year old self stands out:
A copy of Your Money or Your Life.… Read More