Tag: action
-
Why Adults Regress Into Teenagers When Planning Finances
Grownups behave like teenagers when doing financial planning. In a bad sense. But it is difficult to blame them. After all, the situation is clear from any adult practical point of view. Somebody tells you what you have to do now to be safer in the future. But: The problem is that financial planning psychologically…
-
The Moving Line in Financial Security: From “Never” to “Why Not”
Intro The goal of this note is not to tell you how to live, but to give you a framework to evaluate your own decisions.It is useful to balance the numbers when we talk about expenses in our life.There is a well-known discussion about avocado toast and lattes “ruining” your financial future, or not.Usually, the…
-
On the price of financial instruments
Eating in the restaurant instead of buying four in a grocery store is a waste of money Buying new car instead of used one is a waste of money Buying annuities or life insurance instead of stocks is a waste of money NOT At some point in life it is time to spend more and…
-
Get yourself a credit card, and one more
✅ Action Plan: Start Building Credit — the Smart, Worry-Free Way 1. Get a no-fee credit card early 2. Use it regularly — but wisely ⚠️ If your limit is small (<$1,000), hitting 30% is easy. Just pay it down next month.It won’t hurt long-term credit unless you’re buying a car/house right now. 🧠 Why…