I’ve written about this before, I like watching YouTube videos about money, investing, and travel and I don’t remember what I was searching for when I came across YouTube channel UpFlip. What caught my attention was this video where a small business owner talks about making $90,000 from a washing machine! I actually have a…
Category: Money Culture
How To Deal With Stock Market Skeptics
“The stock market is overvalued” “The stock market is going to crash” “The stock market is a scam” “The stock market is a casino” These are some of the quotes I’ve heard from people over the past few months, years, decades….heck, I might have said some of these quotes myself at one point or another….
2024 Olympics & The 80/20 Rule
My wife is a big fan of the Olympics so I had to watch every day along side her to cheer on our favorites athletes but since I like to tinker with numbers I decided to use my time on the couch to test the Pareto Distribution. Pareto Distribution For the uninitiated and from Wikipedia,…
Investing or Gambling?
I watch a lot of YouTube videos and what I watch is mostly focused on investing, finance, taxes, or related material but I’ve noticed a disturbing trend lately some of the YouTubers I follow to be pushing what I consider to be gambling “investment” opportunities. Masterworks The first site I saw from a reputable YouTuber…
Corporate Burnout & Golden Handcuffs
One of the reasons I started this blog back up after a very long hiatus was the fact that I had a growing sense of corporate burn out. I’ve written about my college days where I worked at pizza places doing a variety of crappy jobs but today I’m going to write about the other…
New Credit Card: $50k Limit!
Shhh….don’t tell Dave Ramsey this but I applied for a new credit card recently because it came with a fairly good sign up promo and when I got the card and setup the app on my iPhone, I was shocked to see it came with a credit line of $50,000! I’ve written about my strategy…
Monopoly (the game) & Life Lessons In Wealth Building
When our kids were young they loved to play the game Monopoly. Of course, each kid hated losing and hated having to depart with cash when landing on a property owned by someone else. Most of all the kids hated going bankrupt and losing the game. As I continue to grow my wealth and frequently…
The 10 Commandments of Personal Finance
I asked AI to generate a list of 10 commandments for personal finance and here is what it generated. The Ten Commandments for Personal Finance Thou Shalt Budget Wisely: Create and maintain a budget to track your income, expenses, and savings.Thou Shalt Live Within Thy Means: Spend less than you earn to avoid debt and…
Did Boomers Steal Wealth From Millennials?
I came across this captivating and intriguing Ted Talk by Scott Galloway entitled, “How The US Is Destroying Young People’s Future” and Scott pulls no punches in his assessment of the plight of young people. I’m not sure how I feel about the whole thing. I am fully aware that young people have a much…
It’s Not High Income That Makes You Rich
I got into a discussion with someone this weekend over how to get rich. His point is that it’s super easy to get rich when you have a high income such as anything over $100k per year but I don’t believe that’s the case at all and I found two cases to prove my point….