Live Debt Free and Build Wealth
In my last article, “Your Mortgage and Car Loan affect on Your Net Wealth”, I showed you the balance sheet equation, which we used to measure the equity you have in a single asset; such as your home, car, or jewelery. However this equation is usually used as part of a bigger picture… your balance sheet. […]
For most people, University will be one of best experience in their life. Because there is so many things to do in University, we sometimes lose focus on many important things that is beneficial to us. Here are 10 things that you should do while you are in University: 1. Build up your resume The […]
Early Life of Charlie Munger Charlie Munger is the vice chairman of the Berkshire Hathaway. He is a partner and a friend of Warren Buffet. He served as the chairman of the company Wesco Financial Corporation for 27 years, starting from 1984 to 2011. At that time, Berkshire Hathaway owned most of the shares of […]
What’s good for the earth is usually good for your finances. That’s because our capitalist system runs on both our financial and environmental resources. Conversely, the most meaningful things in life are friendly to the earth and free. So yes, being both environmentally-conscious and a frugalista are good for you. Below, let’s look at some life […]
I honestly covet for those people who author health and lifestyle write-ups and compilations. Unlike I who authors finance and investing books, they can modify their advices so people can buy varied and multiple books every now and then. Books about the best lifestyle habits tend to be flexible but good advices about investing remain […]
It is no secret that the average poor and middle class North American family have not fared very well financially over the last 30 years. Do you ever wonder why is this?? Why has the average “poor” person not excelled within the last 30 years?? I include the middle class in the “poor” category since they usually hold […]
Today’s post is a bit wonky, but it’s also something near and dear to my heart. Today, I want to introduce you to (or reacquaint you with) a somewhat unconvential economist named Hyman Minsky. Minsky was a post-Keynsian whose research focused on understanding and explaining financial crises. Minsky’s theories were considered fringe ideas and largely […]
