Blog
Credit

Cars that I’ve driven and the lessons that I learned from them

My cousin-in-law who works as a registered nurse in Saudi Arabia texted me the other day. She’s excited to tell me that she’ll be moving to Texas soon as her visa and working papers are now being finalized. The chat messages then quickly turned to which model of cars she should …

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Financial Planning
4

Don’t make a new year’s resolution, start a plan.

One of my proudest personal accomplishments is being able to finish our basement with my own hands. It now comes with a full bathroom, laundry room, home theater, and an exercise area. I did almost all of the labor myself including the electrical and plumbing working mostly weekends with occasional …

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Giving
6

Give cash on Christmas day. There’s no greater gift is there than cash.

At least that’s what I think former Wharton professor and economist Joel Waldfogel is implying in his book Scroogenomics: Why you shouldn’t buy presents for the holidays (Princeton University Press).
In a 2012 interview with Bloomberg, Waldfogel argues that Americans end up wasting billions of dollars on presents during the holiday season every year:
“Normally, when we spend money on ourselves we only buy things that they’re worth at least the price. So if I see something worth $50 to me, I’ll buy it. Normally, spending provides some measure of satisfaction.”
He then contrasts this to giving gifts to others.
“Gift giving is really different. If I set up to spend $50 on you, I’m operating at a huge disadvantage– I don’t know what you like or what you already have. I could spend $50 and buy something that is worth nothing to you.”

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Black Friday
Saving ideas
6

My worst Black Friday experience

One source of amusement that my wife and I both enjoy is watching early shoppers wait in line outside the Best Buy store near our house on Black Friday eve. The store used to open around midnight to enable eager consumers to get their hands on the latest high-tech gadgets at substantially marked down prices.

Back then she worked night shifts, so right after picking her up, we would spend the time to drive around the store’s parking lot to check out the shoppers camping outside, sometimes for days at a time. We can’t help but be amazed by what people will attempt to do just to save a couple of hundred bucks.

Now that my wife is doing day shifts, I found myself on the other side of the coin. On my way back after driving her to work, it suddenly crossed my mind to stop by the store. Best Buy now conveniently reopens at 8 am. I figured I wanted to experience the euphoria over the shopping deals myself so I can write about it on this blog.

This post highlights my suffering spending at my favorite brick and mortar store. Yes, I still buy stuff from the store that issued me the card that ruined my credit in the late 90s.

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Motivation
2

Don’t cry over spilled milk, be thankful for what you have

Do you often wonder what your life would be if it spun the other direction?

You are not alone. Pretty much every one of us has stories of our failures. May it be that test that you flunked, the business opportunity that you overlooked, the failed relationship, or the embarrassing email that you sent to work that got you fired.

But what if those failures suddenly become successes? What if you were able to turn back the time and made the other choice? Have you ever thought about what your life would have become?

If you think that you’d automatically become the highly successful person you’ve always aspired for, you’re absolutely mistaken.

There’s no guarantee that you will ultimately succeed. Like what Mike said in the movie, one’s destiny is a very complicated thing. Every choice, decision, or event in our life, affects everything else that follows it. There is always an element of luck or if you’re religious, divine intervention.

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Lifestyle
4

9 signs you probably won’t need a retirement nest egg

It’s a fact, people in developed countries are living longer. For instance, life expectancy for women is predicted to surpass 90 years in South Korea by 2030, according to the study published in The Lancet, one of the world’s oldest and most respected medical journals. Of course, the study assumes …

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Insurance
4

What Rihanna can teach you about liability insurance

There’s no denying that Rihanna is one of the hottest artists today. No offense to JayZ, but when it comes to overall talent, I honestly think Rihanna will give Beyonce a run for her money. Not only can she sing better, her moves are smoother, more spicy and hypnotic, enough …

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Side Hustle
6

How effective copywriting sold my “unsellable” typewriter

One of the must-have skills on your road to financial independence is selling. Even if you don’t work in a marketing or sales position, we often find ourselves in situations where we have to sell or persuade people to act in our favor, may it be applying for a job, asking …

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Investing
2

The opportunity cost of claiming $2,500 worth of property

Sometimes I wonder if I deserve to blog about personal finance. I’ve made too many embarrassing money mistakes in my life–  I would suffocate if I had to re-enact the number of times I have face-palmed myself. Here I was, declaring myself to be on a mission to educate broke …

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Millenial Mistake
Lifestyle
3

5 mistakes millennials make with money

Millennials get something of a bad reputation. They’re considered to be the ficklest generation, spoiled from being told that they were the most special people in the world while they were growing up. However, the truth is that millennials are just like anyone else. They have ambitions and worries to …

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