As a Personal Finance blogger, I love the diversity of view-points and topics that are around us and some of the content is really great. It helps me understand some of the big trends and make better decisions on my own journey to Financial Independence.
I’ve selected for you 7 great articles that made me smarter this month.
Two of the most widely accepted principles of Personal Finance are pretty simple and are actually the foundation of most of the advices to live a rich life. You know them very well. But are they reliable?
I hate running. On January 10th, I decided to register for a half-marathon on March 4th. Makes sense, right?
Before you think I’m crazy or that I have SM tendencies, let me explain.
Every day I hear some version of “I can’t do that, it’s just too hard”. It’s probably true, it’s hard to find a work/life balance, it’s hard to find the time to get a side project off the ground, it’s also hard to stay in shape.
But is it really that hard or are we just kidding ourselves?
We know the hardest things are the ones worth doing. They’re the ones bringing the most value. Are they really too damn hard or are we just lacking self-confidence in our ability to get them done?
So I tried, as an experiment. I challenged myself to do something I consider hard.
Since I hate running, I registered for a half-marathon.
As a Personal Finance blogger, I love the diversity of view-points and topics that are around us and some of the content is really great. It helps me understand some of the big trends and make better decisions on my own journey to Financial Independence.
I’ve selected for you 5 great articles that made me smarter this month.
This week, you guys are taking a break from me. “Hooray” says the crowd.
“No, for real?”
Nah, only partially.
The blog turned 1 year this month! If this is not a big enough deal, I’ll also do a financial update on my journey to Financial Independence. How about that? Markets have sucked but the year has been great!
Successful people run their personal finances like a business. They track 5 key numbers. Think about it, you make money, you spend money, you certainly would like to save some of it and avoid bankruptcy and eventually you’d like to build enough revenue streams to be financially independent over the long term. If that sounds like what a business does, it’s because it is.
Your life is your business and you’re the CFO of your finances.
So what are the most important numbers in to Reach Financial Independence?
Over the last 18 months, a barrel of oil went from 110$ to 30$, which is almost a 75% discount on one of the most widely available commodities. Isn’t that insane? Of course, there’s overproduction on the market, but does it justify a 75% discount?