When I started Financial Tips in 2009, my main goal was to make sense of the Global Financial Crisis. That was a scary time period that created massive uncertainty for our careers and our investments. As things got better, I’ve tried to tackle interesting topics to enable us to live more meaningful lives. Given the […]
The Best Of Financial Tips 2021 Read More »
One of the reasons why I continue to save so much is that I’m a perpetual failure. I’ve made so many mistakes in my life that I need a financial buffer to constantly bail me out. A landmine-filled upbringing has also embedded in me the necessity to save. If it’s not an investment mistake, it’s
Perpetual Failure: The Reason Why I Continue To Save So Much Read More »
And just like that, my two-month sabbatical is over. Did you miss me? Of course not! I continued to publish three posts a week and send out one newsletter a week like an addict. There was only a one-week period where I felt like I truly took things down a notch. Our family went up
A Pathetic Sabbatical: Workaholism Is Difficult To Overcome Read More »
They say money can’t buy happiness. But what if having money can make you less stressed, less jealous, less combative, less anxious, and more joyful? Then surely having more money can at least make you nicer right? I think so. My first realization with this correlation between niceness and wealth occurred at the end of
If You Want To Be Nicer, Get Richer: A Surprise Apology Letter Read More »
If you don’t get screwed now, you will eventually get screwed later. The sooner you accept life isn’t fair, the sooner you can make winning decisions and succeed. Finding happiness is also accepting that fairness is a human construct. If you plan to play someone else’s game, then you must accept the game will likely
You Will Always Get Screwed: Accept Life Isn’t Fair For Greater Success Read More »
If you want to be rich, happy, and free, you must cultivate your X-Factor. Your X-Factor can be building something on the side that makes money beyond your day job. Your X-Factor can also be developing a top 1% talent in a sport, music, or art that provides you a tremendous amount of joy. Some
Your X-Factor Is Key To Being Rich, Happy, And Free Read More »
Never let anything get in the way of pursuing your dreams. If you do, you will regret it. As I wrote in my Wall Street Journal bestseller, Buy This, Not That, “You will regret more of the things you don’t do than the things you try! Remember that annoying kid in school who made fun
Be Unapologetically Fierce About Pursuing Your Dreams Read More »
January 2021 went by so fast I almost forgot to do a review. Although January flew by, it didn’t feel that different compared to the end of last year. COVID-19 is still out there in force. When I saw 22,000+ fans at the Super Bowl in Tampa, I was shocked! However, later learning they were
Reviewing The Start Of 2021: An Uneasy Feeling Amidst All The Hope Read More »
Let’s look at how the rich get richer. When they have the most amount of assets during a bull market, they will make a larger absolute amount. Over time, they will pull away from the masses who don’t have as much investments, and exacerbate the wealth inequality we see in this world. As a result,
How The Rich Get Richer: Strategies For Competing In A Rigged Game Read More »
All any of us want is an opportunity to try and succeed. We don’t want handouts. Being a diversity hire to most of us is considered insulting. We just want the opportunity to try. Unfortunately, opportunities don’t come evenly. Here’s a story about opportunity, or lack thereof for this Asian landlord. I realized the other
Three White Tenants, One Asian Landlord: A Story About Opportunity Read More »
