Category: Personal Finance
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What’s your freedom number?
I always wanted to be completely free, like most people, and I have been constantly working for it, the old fashion way; working, saving, working some more, saving some more. What I want is to have enough capital: I am not asking for much. My freedom number for the moment, is one million dollars. At…
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What You Can Do to Start Feeling Some Financial Peace in Your Life
It’s really scary to think about, but it seems as if the rich get to stay rich, and the poor are getting poorer. With inflation over the last few years, the rise in rent, the unrealistic expectations for getting a mortgage, high-interest rates, and so on just make things challenging. It’s terrifying because everything is…
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The rich pretends to be poor, and the poor pretends to be rich
“The rich stay rich by pretending to be poor, and the poor stay poor by pretending to be rich.” I have seen this quote in so many places that I don’t know who to attribute it to. The original Bible quote goes something like this: “One person pretends to be rich, yet has nothing; another…
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We have to stop exchanging time for money
If we don’t work hard to break free from the trap of exchanging time for money, five years later, we will find ourselves in the same position, blaming the government, blaming society, blaming capitalism, but still poor. We can only stop being poor when we look ourselves in the mirror and say, “I take full…
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The slow track or the fast track to wealth
What is the role of wealth in your life? The role of wealth in one’s life is a complex and multifaceted aspect that varies from person to person. Not everyone wants to become wealthy. For some, wealth is a means to an end, a tool that facilitates the pursuit of their passions and goals; arts,…