We are taught not to question the ridiculous levels of consumption and waste as a way of life in our culture. When Annelise and I downsized our lives a year ago, we saw first-hand just how wasteful we can be…and that’s after years of making less-ridiculous decisions about what to bring into our lives.
The Fear Index (otherwise known as the VIX) was devised to measure volatility in the stock market. People have been placing bets against the VIX due to recent market stability, but many of these bets imploded with recent market downturns. What can this behavior teach us about living a rich life?
It’s not at all impossible to keep cost of living reasonable when living in an expensive city. I moved to DC in 2014, and was able to drastically slash expenses. But I didn’t stop enjoying life. In fact, I enjoy it even more. Here are my tips on how to live well in an expensive city.
The conventional wisdom is that owning a home is a sound financial decision and the mark of success. There’s nothing wrong with owning a home, but deciding to buy solely based on this conventional wisdom is not a good enough reason to do it. As long as the buyer understands the true costs and complexities of home ownership, they can make a fully informed decision and plan accordingly. But many times, this doesn’t appear to be the case. In this article, I share my story of buying a home in my mid-20’s – including the costly mistakes I made.
For those of us living in the USA, today we celebrate Independence Day. We are fortunate to live in a wonderful country that provides freedom and liberty. On a broader scope, we are fortunate to be living in a period of history that provides unmatched opportunity and abundance. How better to celebrate independence than by...