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
Money
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
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