Who wants some more money rules?!? While having simplistic rules is really nice psychologically, I want to emphasize that these are ROUGH guidelines! You can use these as a starting point for your research, but they shouldn't be something you live or die by. One great example of this is

College is EXPENSIVE, but you probably already knew that. If the sarcasm in the title wasn't clear, I think anyone who has existed for the past two decades has been aware of the soaring cost of a college degree, but seeing the numbers themself can be a bit mind boggling. To be clear, I&#

You're brokerage firm DOES NOT MATTER. Sorry to yell, but it's true... While there are bad brokerage options, there are MANY brokerage firms that provide great options. Between the ones that provide great options (like you see here), there isn't a huge difference. You shouldn't d

I have bad news for you - a recession is coming 😨 I have more bad news for you - no one knows WHEN it's coming. There are ALWAYS market speculators that will ASSURE you that they know when a recession is coming. What's hard to internalize as a new investors is that no one speculating

Wouldn't it SUCK to be Brad, having only $900k after 25 years of investing?! I'm of course being sarcastic here as this is not a bad situation to be in at all. If Brad started this at 25 and is 50 now, he has over 3x the median net worth of someone in their 50s in the U.S., which is $288

we all hear about money making money, but there is a flip side to that. NOT having money COSTS money. There are so many costs of being poor that it makes it really hard to get out of it. There are many listed here, and even more when you get into the weeds of it. There is a lot of "hustle

What you want to do: Buy low, sell high What most people actually do: Buy high, sell low I hope you read this caption, because this is something REALLY important to internalize as someone looking to become a good investor. Some people will misinterpret what I mean here, but I'm going to g

You'd think it would be hard to explain how to get rich in just a single-slide Instagram post, but this is IT. In reality, there are a LOT of ways to get rich. You can start a business, you can get lucky with a stock or in the lottery, you can work your way up to be a big wig CEO, or it can

How much do YOU need to retire?! This is an example of some basic retirement math. It's not going to be a pinpoint plan, but it is the "back of the envelope" method of what you need to retire. The idea here is that after you deduct any fixed income in retirement (most commonly soc

Seriously though, when people ask me for personal finance tips, these are some of the first "quick wins" I have to offer. Personal finance is VERY personal and there are very few things that can be applied to everyone, but I would say these are a few examples where I can say with confidence

If there is one thing I CONSISTNELY catch flack for, it's my assumption around market returns on investments. Give me a chance to explain myself! I typically use 10% when I calculate scenarios for long term investments, and here's why: 1️⃣ 10% is the VERY long term average NOMINAL ret

Are you able to distinguish all of these?! Here are a few questions I hear ALL the time that don't make sense: • Should I invest in a Roth or a 401(k)? • Are stocks a better investment than a 401(k) • Should I invest in an ETF or an index fund? ... along with any variation you can th

For the love of all things personal finance, PLEASE take advantage of your employer 401(k) match! This is part of your compensation, so if you don't take advantage of it, you're literally giving yourself a pay cut. If you're like Felix, you ignored it for your whole career and it cos

As someone in a long-term relationship, I can honestly tell you some of the MOST SPECIAL memories I have with my girlfriend didn't cost much at all! This isn't to rag on you if you enjoy an expensive dinner, but rather to make you feel better if the expensive dinner and gifts will stress

This is one of the MOST confusing things to new investors, and for good reason! There are SO MANY different funds out there. It's nearly impossible to understand which one is the "best." To add to the confusion, a lot of these firms market to tell you why they are the best. It leaves