There’s a hypothesis in investing called the Greater Fool Theory. According to this theory, it is possible to make money on an investment as long as there is someone willing to pay more than you (i.e. the greater fool). It doesn’t matter if the investment is overvalued or not. As long as there is a …
Every TikTok financial guru and #MoneyTwitter account will give you the same advice. Max out your 401k contributions, skip the Starbucks in the morning, do 100 pushups when you wake up, and pay off your debt to reach financial independence. This may work for some people, but it’s far from gospel. Here’s an interesting fact: …
Saving money is extremely important, but what do you do after that? Due to inflation and low interest rates, money in your bank account actually loses value over time. In order to increase the value of your money over time, it needs to be invested. There are many strategies out there, but the most popular …
Being patient is difficult. After you’ve put in a lot of hard work, waiting to see the results can be excruciating. Even though it might be tough, it’s important to remember that good things take time. Whether it is investing, working out, or starting a new blog (wink, wink), everything starts as nothing. When you …
Everyone wishes they had more money. I know I do. But how do you go about getting more? How can you save more money? Saving money is a result of two factors: income and expenses. To save more money, either increase your income or reduce your expenses. It’s that simple. So, how can you go …
How to Save Money: 10 Tips to Boost Your Savings Read More »