Do You Want to Save Money, Have Better Health and Experience More Joy? Here Are 5 Benefits of Cycling That Will Help You Achieve That! When I graduated from university, I immediately bought a car to go to work. At the time, I never really considered cycling as a viable option. When someone … [Read more...] about The Benefits of Cycling: Burn Your Calories NOT Your Cash
No Sugar Challenge: How I Quit Sugar for 60 Days
How I managed to Cut Out Added Sugar and What Changed in my Life Sugar Consumption Over the past 50 years, sugar consumption has tripled worldwide. Especially in developed countries, where people often consume low-cost and highly processed food that contains large amounts of added … [Read more...] about No Sugar Challenge: How I Quit Sugar for 60 Days
Lifestyle Inflation: More Money, More Problems
What Is Lifestyle Inflation? Lifestyle inflation is when you increase your spending as your income goes up. In itself, lifestyle inflation is not a problem, but it becomes one when you increase your spending too fast relative to your income (excessive lifestyle inflation). It makes saving for … [Read more...] about Lifestyle Inflation: More Money, More Problems
Lending Money to Friends: 3 Real-Life Stories
What You Should Consider When Lending Money to Friends Lending money to friends (Monkey didn't get his money back) Lending money always has a risk. Once you lend your money, there is no guarantee that you will be paid back. The stakes are even higher when lending money to friends or family … [Read more...] about Lending Money to Friends: 3 Real-Life Stories
Living Without a Smartphone for Three Months
One day in March 2016 my smartphone just stopped working. I tried to reboot it but the screen never turned on again. It was a fairly new phone and I didn’t want to buy a new one right away. I was still at university at that time, doing my Masters. To save some money, I decided to postpone the … [Read more...] about Living Without a Smartphone for Three Months
How I Started Business at the Age of 15
I’ve always been interested in business. When I was 12, I started making and selling custom T-shirts, bracelets and soap, which I mostly sold to my relatives. A couple years later, my dad bought me some business/finance books and I read them all. At that moment, I knew that I would like to start … [Read more...] about How I Started Business at the Age of 15
Deep Work by Cal Newport: Summary with Comments
Foreword Deep Work by Cal Newport is a book about the science of productivity. The author argues that the best way to get meaningful work done is by working deeply - working in a distraction-free concentration that push your cognitive capabilities to the limit. If you want to create real value or … [Read more...] about Deep Work by Cal Newport: Summary with Comments
What Car Should I Buy? Avoid Mistakes and Build Wealth
The general problem What car should I buy? This is a typical question at a time when owning a car has become a status symbol. Every day we can see ads that offer 0% down 0% APR car leases. Most of the ads are designed to target peoples’ desires and boost consumerism. As a result, many people … [Read more...] about What Car Should I Buy? Avoid Mistakes and Build Wealth
Should I Have an Emergency Fund?
Should I have an emergency fund? The short answer is – yes! Every now and then we all face minor emergencies, such as car repair or veterinary costs. Sometimes we also face major emergencies, such as losing your job or divorce. Even though most of us are aware of such risks, very few people have … [Read more...] about Should I Have an Emergency Fund?