Perpetual Failure: The Reason Why I Continue To Save So Much

Whenever things are going well for an extended period of time, I begin to worry. Where did all the bad luck go? Something must be wrong.I’m not sure why life has turned out OK when there are plenty of smarter, more deserving people out there who still struggle. Maybe the exhausted fumes of good karma from a past … Continue reading Perpetual Failure: The Reason Why I Continue To Save So Much

The Work From Home Survival Guide: Because Your Sanity Is Important

Now that millions more people are working from home due to the coronavirus, I thought I’d share some tips on how to keep your sanity. I haven’t worked in an office full-time since 2012. Losing the routine and the camaraderie of co-workers was tough during the first year. I often found myself twiddling my thumbs, … Continue reading The Work From Home Survival Guide: Because Your Sanity Is Important

This is how fast Americans are spending their stimulus checks — and here’s a breakdown of what they’re buying

Economists looked at the spending and saving habits of more than 1,600 people who received their stimulus check by April 21 In late March, lawmakers passed the Trump administration’s $2.2 trillion CARES Act, which included $290 billion in direct payments. Getty Images When Americans received stimulus checks during the Great Recession, studies indicated many spent at … Continue reading This is how fast Americans are spending their stimulus checks — and here’s a breakdown of what they’re buying

I know when the lockdown will end.

Dear Financial Minimalists,  One of the best ways to get through a difficult time is to set a conservative time limit for how long you may have to endure the pain. Having a conservative time limit drastically reduces your stress and anxiety. And a happy life is all about consistently surpassing expectations.  For example, have you ever needed to … Continue reading I know when the lockdown will end.

Life Insurance While Young, Single, Or Childless Is Still A Good Idea

You may think that you don’t need life insurance as a single person with no children, but I’m betting you haven’t thoroughly thought through all the different aspects of life just yet. After all, you’ve got all the time and freedom in the world! Take it from a man who was once single and never … Continue reading Life Insurance While Young, Single, Or Childless Is Still A Good Idea

Personal Lessons Learned Since The 2008 – 2009 Financial Crisis

On September 15, 2008, Lehman Brothers went bust. I remember this day clearly because I made a $200 side bet with my friend over the weekend that the US government would bail them out. To my surprise, the US government didn’t rescue Lehman, and the stock cratered that Monday and never recovered. Despite all the … Continue reading Personal Lessons Learned Since The 2008 – 2009 Financial Crisis