Now that cash flow is tight, I’ve reviewed all the expenses where I could potentially cut. One such expense is a private sports club membership. I joined the club in February 2023 when it was raining nonstop for three months. I was getting cabin fever so I decided to pay $180 a month for access [...]read moreA Private Sports Club Membership Is Well Worth The Cost
In general, the longer you stay invested, the greater your chance of making money. To help you maintain a long-term investment approach, it’s imperative to develop an investment thesis. Drawing from my experience in investing since 1995, it’s sometimes easy to get shaken out of a particular investment. Or it’s easier for some people to [...]read moreAn Investment Thesis: The Key To Making More Money Long Term
Money is great. Money provides freedom. But you will always regret sacrificing love for money. When you get older, you will realize how true this statement really is if you haven’t found someone. Life is simply not as fun if you don’t have someone to share it with. Further, finding “the one” might also want [...]read moreYou Will Always Regret Sacrificing Love For Money
Living paycheck-to-paycheck is an unpleasant financial experience. Not only does it mean needing to spend everything you have to make ends meet, it may also create an ongoing feeling of despair. You might even have to get into debt to pay your bills. And if you aren’t careful with debt usage, it may become a [...]read moreEmbrace Living Paycheck-To-Paycheck To One Day Be Free
I once encountered an actor in Paris who had secured minor roles in significant films, courtesy of his friendship with Leonardo DiCaprio. Despite having the opportunity to continue with these smaller roles due to his connections, his pride led him to pursue larger roles. Regrettably, 10 years later, I haven’t seen him in a single [...]read moreDon’t Let Pride Get In The Way Of Taking Care Of Your Family
After receiving significant criticism for my post, Embrace Living Paycheck-To-Paycheck To One Day Be Free, I find myself contemplating the existence of a net worth level that brings about serenity and inner peace, prohibiting one from feeling troubled. Is there a financial threshold beyond which emotional turmoil becomes unacceptable? Despite my attempt to turn a [...]read moreWhen Feeling Bad Is No Longer Allowed
In 2009, I established my first rule of FIRE: generate enough passive income to cover your basic living expenses. Once achieved, you attain financial independence and the freedom to pursue your desires. Since then, various permutations of FIRE have emerged, one of which is Coast FIRE. Coast FIRE involves front-loading your retirement savings and then [...]read moreMost Dangerous Early Retirement Strategy To Follow: Coast FIRE
For those of you who are looking to upgrade homes, let me tell you a sad truth. I climbed to the top of the property ladder with my latest home purchase, and after five months, I feel no happier. Whenever someone would congratulate me about my home purchase, I felt nothing. What’s there to celebrate [...]read moreClimbed To The Top Of The Property Ladder And Feel No Happier