Tips Archive

  • The world is full of people making a good living, but living poor lives

    Tweet When I first started out in personal finance, I didn’t understand why everyone kept emphasizing to cut back on daily expenses as the #1 rule to building wealth. I mean, isn’t having a large salary and making pots of money being wealthy? Look at […]

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  • Annoy yourself into saving.

    Tweet I did this tactic for a bit when I first started trying to cut back on my insanely out of control budget categories. I annoyed myself. Every time I put something I KNEW wasn’t a necessity in my grocery basket, I asked myself it […]

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  • How to achieve lasting wealth

    Tweet Here are my own personal 10-points to build lasting wealth not only for myself, but for my future kids. Spend less than what you earn (and save the rest) Save at least 10% of your gross income each year Have an emergency fund of […]

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  • Overspending is like a drug addiction

    Tweet On TV the other night, there was a story about a guy who was a workaholic beggar in Portugal. I know this sounds strange “workaholic beggar” but the guy worked a lot harder each day compared to his compatriots. The only difference is that […]

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  • Living within your means: What does it mean?

    Tweet What does “Living within your means”, mean? It means you cannot afford your lifestyle without borrowing from someone or somewhere. 3 Indicators: If you are relying on credit (lines of credit, mortgage consolidation, credit cards, friends/family) to get by each month, you are living […]

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