We discussed some weeks ago that using an authenticator app is a more secure method of multi-factor authentication than SMS or email. An even more secure option is using a physical security key, such as a YubiKey. For anybody unfamiliar with security keys, they are small devices, which you insert into a USB port (or in some cases tap against your mobile device) to verify your identity when logging in. To be clear, there are […]

Year 4 of COVID in the Bay Area Year 6, Day 352: I love it when friends share their meals and the basics of how they cooked it. A former chef friend’s most recent texts jogged my memory about the pork belly I’d frozen last year and forgotten about: mince garlic and ginger, saute the […]

Welcome to my favourite post to write – the monthly dividend income update! Why do I enjoy writing these monthly income updates so much? Because they demonstrate that it is possible to build up a … Read more

Morning!! Got a great guest post for ya today, coming from one of the OG crew members of Rockstar Finance – Steve Adcock 🙂 Man I miss that site sometimes… And I just learned that Apex Money just recently said farewell as well So it’s ripe for another one to come into the space if anyone’s ever thought about making one! I’d be happy to brain dump on you if you are 😉 Enjoy this article on Steve’s 6 financial rules he lives by every day… #6 is my favorite. ******** My wife and I became millionaires in our 30s, and no, we didn’t inherit a pile of cash, win the lottery, or sell a startup for millions. We became millionaires the boring, old-fashioned way. Today, I’m sharing the six simple money rules I live by every single day. These rules are what made us millionaires. And most importantly, why we still are. They are not fancy. They are not trendy. They just work. #1. Keep 6 Months of Expenses in Cash This is the rule that lets me sleep at night. Life is unpredictable. Jobs disappear (especially these days). Cars break down. Kids get sick. Water heaters explode at the worst possible moment. When you have six months of expenses sitting in cash, none of that becomes a crisis. If you don’t have money set aside for an unexpected expense, build your emergency fund starting today. Your future self will thank you. When I say an emergency fund, I’m not talking about six months of your income. I mean, six months of what it actually costs you to live. Rent, groceries, insurance, gas, the basics. When you have that cushion, you stop living in fear of the next surprise. You stop making decisions from panic. You stop feeling like one bad week could ruin everything. We keep our rainy day fund in a HYSA (high yield savings account), so it’s easily accessible, accrues interest, and isn’t subject to the stock market’s ups and downs. Cash is boring, but boring is underrated. #2. Invest at Least 20% of Your Income This is the engine that builds wealth. If you want your future to look different from your present, you need money growing in the background. Not someday. Not when you “feel ready.” Right now. The nice thing is that investing doesn’t need to be complicated. My wife and I invest primarily in index funds, which are diversified portfolios of shares in some of the best companies around the world. No listening in on earnings calls. No worrying about price-to-earnings ratios. No finance degree required. Index funds make investing easy. (J$: This is what I do too ) Twenty percent might sound like a lot, but it becomes normal once you automate it. Treat it like a bill. The money leaves your account before you have a chance to spend it, and over time, it starts to stack up in a way that feels almost unfair. The market does the

🎙️ Episode #484 – Tenant scams happen, but they don’t have to derail your investing. Here’s how smart landlords protect themselves while building successful rental… The post Tenant Scams Are Real. We Still Invest. Here’s Why appeared first on Coach Carson.

Today I have an update for you from a previous millionaire interview. I’m letting three years pass from the initial interviews to the updates, so if you’ve been interviewed, I’ll be in touch.  This update was submitted in February. As usual, my questions are in bold italics and their responses follow… OVERVIEW How old are you? I am 55 years old (almost 56), unmarried, without children What area of the country do you live in (and […]

After I had my third baby, I lost 50 pounds in four months, and I did it without overhauling my life or doing everything the weight loss industry tells you that you need to do. I did not count calories, follow a strict diet, or commit to an intense workout routine. I also did not remove entire food groups or rely on medication. Instead, I followed a simple, repeatable method that worked within my real […]

Book & Series Review | All Insights | Lifestyle The Psychology of Money – Timeless Lessons on Wealth, Greed, and Happiness (Book Review) OUR RATING ☆☆☆☆☆ Rated 4.5 out of 5 The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel is a fascinating insight into the “why” behind many of our most important financial decisions.The author is an expert in behavioral finance and history and an avid proponent of financial independence.In his book, he takes us through some of the most important lessons he’s learned about why we act the way we do and how to think positively about wealth and investing. KEY TAKEAWAYS Housel’s book doesn’t aim to teach you the specifics of investing or cover different products you might want to use. Instead, the main aim is to have a look at the reasons why you might think about money the way you do.In a remarkably non-judgmental way, the author explains how our background affects our decisions and why something another person does might be perfectly rational to them but make no sense to you.He also goes into several strategies and ways of thinking about finances that can help you improve your situation and use psychology to your advantage.As the title states, the book is truly timeless. What’s more, the vast majority of the ideas are also “location-less”, which means that you can implement them no matter which country you live in. Here is the full analysis Richard Feynman, the great physicist, once said, “Imagine how much harder physics would be if electrons had feelings.” Well, investors have feelings Morgan Housel Morgan Housel Interview on the Bogleheads on Investing Podcast It’s all in your head