Thoughts: Big Spenders and their spending
This article from Toronto Life seems to have really struck a nerve with Canadians everywhere. Here are my random thoughts: 1. IT IS HIS (AND HIS PARENTS’) MONEY, NOT YOURS I
Money isn’t the answer to everything
Yes, I know. For instance, you might think that if you won the lottery, you would have all of your debts and your problems solved, and you’d never have to worry another day i
62% of Americans think more about money than sex
I know this sounds horribly hypocritical coming from someone who is a personal finance (PF) blogger, and who admittedly loves money (you know what I mean) and talking about it, but
Wealthy People Don’t Realize Their Income
Misleading, I know, but it’s not that they don’t know how much they make, it’s more that when they make the money, they don’t spend it (also known as “
Does being from a certain culture affect the way you look at wealth and money?
I’d say so. It is no secret that Chinese people for instance, believe that the only way to become wealthy is to own a lot of real estate. Houses = Wealth for them. They’
The simple secret to becoming wealthy and rich
Want to know the secret? It’s pretty simple on paper, but hard to execute, it goes a little something like this: Make as much money as you can and then save as much of it as
Income Inequality by NYC Subway Stop and Line
The New Yorker has an interesting interactive subway line and stop match to what the median income is near that stop. I was living by the N, Q, R line a few blocks from Central Par
10 Important Daily Habits and Attitudes of the Rich
Out of the original 20 Rich Daily Habits, I chose the 10 that are the most relevant/important and my reasons why: 1. 23% of wealthy gamble. 52% of poor people gamble. Gambling is a
Wealthy people hold assets, the rest are in debt.
Know what else wealthy people do? They… Don’t own most of their net worth in real estate (e.g. their primary residence) Don’t want to be a slave to anyone or any