Alright, so you want to find a way to increase your savings rate to achieve financial independence, save up for a house or be one step closer to FIRE?
That sounds like an awesome goal if you ask me!
But there are about 418,904,721,482 ways to go about doing that.
Don’t buy coffee on your way to work, don’t spend money on subscriptions, stop eating out . . . No! I’m not here to tell you any of that stuff.
So, where do we start?
Every money and finance article out there will talk about the importance of compound interest…
Lately, I’ve had a lot of time on my hands to re-evaluate my personal finance and life goals. One of these goals was to read at least 50 books in the year 2021.
It’s March, and I’ve read 8/50 books thus far. I’d say I’m making great progress.
In such a short period of time, I’ve learned so much!
One of the books I recently read was Rich Dad, Poor Dad by Robert T. Kiyosaki, which gave me a completely different perspective on what money means to me.
For all the other bookworms out there interested in reading this book…
There seems to be a lot of misconceptions when it comes to being cheap vs. being frugal, and there’s a fine line between the two.
Take, for example, this phrase:
“These pants are 10% off!!”
You could be thinking, “10% off?! I could find a better deal elsewhere …” or “Wow! This is a good quality pair of pants, I’ll go ahead and buy them because it’s worth it”.
It all depends on your money mindset and situation. But do you know if you’re cheap or frugal?
Let’s take a look
A cheap person is generally someone who doesn’t necessarily…
What is minimalism?
Minimalism is simple.
Or so I thought.
The age of simple living and leading a minimalist lifestyle has left me confused with more questions than answers.
Does minimalism mean having less than 100 belongings?
Does it mean depriving myself of simple luxuries?
The plethora of information out there can leave you feeling equally lost and just confused as I was about what it means to be a minimalist.
Ideas about “all your belongings should fit in a suitcase”, or “you shouldn’t own furniture or wall art”, or even “having less stuff will leave you feeling…
Let’s face it.
We spend way too much time on our mobile devices and staring at a screen.
On average, adults spend around 11 hours a day in front of a screen. Whether it’s a computer, phone, tablet, or TV — that’s a lot of screen time.
How did we arrive at 11 hours? Most of us might work remotely and spend 8 hours a day in front of our computers. On top of that, according to eMarketer, the average adult spends about 3.5 hours on their mobile devices.
11 hours of screen time.
Our lives are intertwined with…
Working out regularly is hard.
There are days when you might feel exhausted and won’t even be bothered to hit the gym.
With the New Year coming up, a classic New Year’s resolution is to start working out more to live a better and healthier lifestyle. But, the sad truth is about 80% of people who join a gym quit their fitness goals within the first 5 months!
So, how do you continuously motivate yourself to workout consistently?
We all exercise for different reasons, and sometimes those reasons can change over time — and that’s OK.
You do you.
No luck finding a job?
Pandemic or not, job searching is hard.
We seem to spend hours upon hours on end applying for job after job. Some people have Lady Luck on their side and land a new job right away — but, for most of us, it’s a long and gruelling task to land that next job.
Finding a job is literally a job in itself.
Like many of you, I’ve been there. Job searching for days — even months — on end with no luck. …
Pay off student loans.
Save up for a mortgage.
Buy a house.
Save for retirement.
Pay your bills.
No matter what stage of life you’re in, money makes the world go around. It’s part of our daily lives.
As a millennial who lives in one of the most expensive cities in the world (hello my fellow Torontonians!), a recent graduate paying off student loans and currently pursuing FIRE (financial independence retire early), the idea of saving money has always been a top priority for me.
But saving money can be thought of as a spectrum. On one end…
We live stressful lives.
More often than not, other people would suggest different ways to cope with your stress.
One of them being meditation.
It’s an activity that has been recommended dozens of time. But our lives are hectic enough as it is and sometimes meditation might not work out for you.
While mindful meditation helps to reduce stress and increase positive emotions, there are also other ways to help de-stress.
Though I’ve written about my experiences with meditation in the article “After 40 hours Of Meditation, Here Is What I Learned” — and I do highly recommend mindfulness meditation…
You want to start a business, side-hustle or blog on Medium.
It seems like everyone is starting a new project on the side these days.
But where to start?
We go in thinking that if we decide to pursue a side hustle or start a blog, we’re automatically going to start making money. Unfortunately, this is not the case.
Behind any successful endeavour is a lot of hard work — this means research.
As someone who started writing on Medium and has made some money from articles, I can tell you first-hand that research pays off in the long…
Catching F.I.R.E. A millennial writing inspiring thoughts about personal finance, saving money and becoming financially independent.