We often think of “budgeting” as a purely mathematical exercise—calculating income versus expenses. But after revisiting James Allen’s classic, As a Man Thinketh, I’ve realized that financial health, much like physical health, is an outward manifestation of our inner thoughts. In other words, if it doesn’t align with your mental imagery and thoughts, it will…
Intentional decisions we make in the first few days or weeks of the year can go a long way. That’s why you should aim to make your most important decisions early in the year—and commit to sticking with them. This approach is slightly different from making a resolution. With a resolution, you’re often just throwing…
If I only bought Bitcoin 10 years ago…What if I had bought Tesla or Amazon stock a decade ago?How much money would I have today if I had saved just $100 from every paycheck and increased it by $100 each year? We’ve all played this game of “what if.”It’s easy to imagine a better financial…
Next time you’re eyeing that fast-food drive-thru, pause for a moment and consider this: “Sure, this meal might taste good for a few fleeting minutes, but what happens after that?” The reality is, there will likely be health consequences, whether it’s the excess fat, sky-high sodium, or heavy carbs. It’s junk food, after all; what…
One of the dominant traits of wealthy and financially successful people is that they don’t care what others are doing, nor do they go out of their way to try and financially impress their friends and peers. If anything, their very success is often built on doing things with their heads down, nothing flashy, and…
Recently, life got chaotic—to put it mildly. Different family members got sick, some were hospitalized—more than once—and almost everything that could go wrong did go wrong. In other words, it felt like Murphy’s Law was in full effect. When life goes sideways like this, the last thing on your mind is money, finances, or whether…
Have you ever automated your savings, used ’rounding off’ to save money or used one credit card instead of multiple cards to simplify things? If you did any of these, you have unknowingly – or knowingly – subscribed to and put ‘nudge‘ theory into real action. So what is nudge theory and how can it…
New year resolutions are everywhere, and they are dime a dozen. And frankly, you are probably sick of seeing and reading about them, so I won’t give you more of these. Instead, I do want to talk about a few things you can do in the beginning of the year, to ensure you have a…
Ever considered saving for a sunny day, instead of the old adage about saving for a rainy day? And I mean this literally—saving for that sunny day at the beach, or whatever your version of sunny is. If saving for a rainy day sounds dull and uninspiring, why not reframe it into something more positive…
In the complex world of economics and human behavior, not everything is as straightforward as it seems. Our beliefs about happiness, wealth, and consumption are often challenged by paradoxes that reveal unexpected truths. For those not fully sure about a paradox and what it means, it is simply a situation or statement that appears to…
We’ve all been there: striving to achieve a particular goal, whether it’s shedding pounds or mastering a new skill, only to find ourselves faltering with each attempt. But why does this happen? Weren’t we told that setting goals is the key to success? While setting goals is undoubtedly important, it’s just the beginning. Merely establishing…
We covered a lot in 2023 – from budgeting and paying down debt to forming good financial habits, addressing inflation, discovering new ways to save, and much more. With so much valuable information throughout the year, it might be a lot to digest. If you missed our posts or prefer a quick crash course, we’ve…
Have you experienced the exhilarating emotion of saving money, discovering that it’s not just joyous but can become borderline addictive? The journey begins with the initial thrill of saving, and as your consistency grows, witnessing your savings increase becomes an addictive delight, pushing you to strive for even greater financial milestones. Interestingly, as your savings…
How do you talk a baby? You talk nicely and gently but also make sure your language is clear and repeated at times. That is how money works. We need to be careful with our language and approach it so we can establish a pattern and a relationship with money. In the long term, this…
So you have laid out your financial plan, whether it involves chipping away at debt, save a large sum of money for a down payment, or pursuing another substantial financial milestone. Unfortunately, given the enormity of your plan, some big sacrifices are needed. Truth be told, this isn’t a walk in the park. You are…
We all have goals, whether small ones like making it to the weekend without quitting our job, or big ones like graduating college. But what sets true goal setters from those who end up quitting and not achieving their goals? Simply putting it on paper! And yes this is backed by science , so why…
Often times, we make mistakes in life but fail to learn from them or take any lessons. While making mistakes is not the end of the world, the bigger mistake is when we don’t take any lessons or learn from these mistakes. For example, financially speaking, if you took a credit card in your younger…
The COVID-19 pandemic has fundamentally changed the way we live our lives, forcing us to stay at home and rely on technology more than ever before. While platforms like UberEats, Amazon, and TikTok were already popular, they have become ubiquitous during the lockdowns, to the point where they are now virtually synonymous with the pandemic…
What do the following 3 have in common? -eating your fruits and vegetables, and avoiding junk food-reading books and enriching your mind with positive thoughts-socializing and connecting with educated and knowledgeable friends If done holistically and on a consistent basis, these three will ensure the future version of you is a super one. One that…
Having spare change handy is not just about convenience, it can also help with saving money and limiting the potential of over-spending. Learn how this simple psychological trip can go a long wy
The field of self-help and psychology in general is full of different techniques, concepts and tricks to accomplish your goals, get more done, and make it easier to manifest more in life. Two recent, unrelated events, gave me the chance to use these tools and although both happened around the same time, the two are unrelated, but do at the end of the day help us get more out of life in general.
If 2020 was defined by a pandemic and lock-down, and nothing else for you, you still have time to make 2021 better and more productive year. Start by set some goals or even short term objectives.
I am no gambler or a gambling addict. I go to the casino when I am on vacation and happen to be close to a casino (Vegas anyone?) . And where I live, I rarely go to the casion. So the whole thing is like a novelty to me. However, ever since OLG (Ontario Lottery…
Ever read such books as ‘The Science of Getting Rich‘ or ‘The Power of your Subconscious Mind‘? If you did, then you know what I am about to talk about: how much of your wealth accumulation do you attribute to your positive thinking, believing in the ‘Law of Attraction’ etc.? In other words, do you…
I just finished reading ‘The Power of your Subconscious Mind‘ by Joseph Murphy and it was one hell of a book and an eye opener. Shortly after, I picked up another book with a similar theme: ‘Think and Grow Rich‘ by Napoleon Hill, which I am in the process of reading as we speak. Two…