Reaching Financial Independence – Non-Financial Tips

Achieving financial independence can be defined as reaching a state of no longer needing to trade your time and energy for money to support your lifestyle. This requires a portfolio to support your ongoing expenses. A quick and easy rule of thumb is to take your annual expenses and multiply them by 25 (this is derived from the “4% rule”). … Read More

It’s Vacation Time! Why You Should be Planning Your Vacation Now.

Executive Summary: More vacations correlate with more raises and bonuses More vacations correlate with increased productivity More vacations correlate with better health outcomes Here I will lay out the argument that taking more vacations makes more sense from a personal finance and health perspective. Personal financial advice, unfortunately, tends to encourage self-denial and perpetually delayed gratification; this financial advice encourages … Read More

Practice Gratitude

Did you know you can practice invoking certain thoughts and feelings? It’s true, many times our thoughts and feelings, just like our actions are habitual; meaning we just do them on autopilot without thinking about them. By consciously bringing to mind certain thoughts and feelings around certain stimuli, we can set ourselves up for creating helpful cognitive habits. How can … Read More

Quit Creepin!

Have you ever wondered how people like Michael Jackson, Fifty Cent, and Burt Reynolds end up bankrupt? Here’s how: It’s called lifestyle creep. Lifestyle creep refers to our growing spending habits as we earn more money. As we earn fatter paychecks, we also start to buy nicer things, eat out at nicer places, drink fancier drinks, vacation in pricier resorts, … Read More