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Personal Finance

Personal Finance Advice: Simple Rules That Will Change Your Life

January 8, 2021 By Rational Hustle Leave a Comment

personal finance simple rules

Personal finance is not rocket science. It's actually straightforward, but many people get it wrong because it's not something that you learn early in school. My first encounter with personal finance was at university when I studied BSc in Finance. I didn't have much money then, so it was easy … [Read more...] about Personal Finance Advice: Simple Rules That Will Change Your Life

Filed Under: Debt, Investing, Life, Money, Personal Finance Tagged With: budgeting, Debt, investments, Money, personal finance, saving

How to Lose $150K in One Week in the Stock Market

October 11, 2020 By Rational Hustle

Trading options stock market

In December 2019 a friend of mine started shorting S&P 500 by buying put options (he had no previous experience with options trading). In other words, he was betting that the US stock market will go down. He believed that COVID-19 will spread around the world and the US economy and the stock … [Read more...] about How to Lose $150K in One Week in the Stock Market

Filed Under: Investing, Money, Personal Finance Tagged With: investing, Losses, Options, Speculating, Stock Market, Trading

Emergency Fund in Financial Crisis

April 3, 2020 By Rational Hustle

Emergency funds in financial crisis

Coronavirus is a perfect example of why we should have an emergency fund. For those who don’t have an emergency fund, this will be a painful lesson. In a booming economy, it is not exciting to talk about emergency funds. We would much rather talk about investing in stocks, real estate or … [Read more...] about Emergency Fund in Financial Crisis

Filed Under: Money, Personal Finance, Savings Tagged With: Coronavirus, COVID-19, crisis, emergency fund, recession, Savings

Lifestyle Inflation: More Money, More Problems

November 10, 2019 By Rational Hustle

Lifestyle inflation

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

Filed Under: Life, Personal Finance Tagged With: Life, Lifestyle inflation, Money

Lending Money to Friends: 3 Real-Life Stories

July 15, 2019 By Rational Hustle

Lending money to friends

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

Filed Under: Personal Finance Tagged With: Debt, Friends, Lending Money, Life Lessons, Money

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  • Personal Finance Advice: Simple Rules That Will Change Your Life
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