That’s a Yotta cash: The risk-free, lottery-based savings account

Saving cash is an important part of your financial planning. While “cash is trash” and similar headlines are spreading, having cash set aside is important for an emergency or making a big purchase soon. The reason why “cash is trash” has been going around is for two reasons: (1) interest rates on borrowing money is near record lows, and (2) the return on investing in … Continue reading That’s a Yotta cash: The risk-free, lottery-based savings account

Investing 101 – Why invest?

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” ~ Warren Buffett We are constantly told to save for retirement and make your money work for you through investing. However, where should we start and why should we start? Let’s start with what investing actually is – purchasing shares of stock (equity) and bonds (debt) of a company. When you purchase a … Continue reading Investing 101 – Why invest?

Finance 104 – Budgeting: Ramit Sethi’s ‘I will teach you to be rich’

What does your “rich life” look like? That is the principal of Ramit Sethi’s financial advice and best-selling book “I Will Teach You To Be Rich.” He wants his readers to visualize where they want to be and break down what that actually costs – it is usually less than people expect. Ramit’s key advice is to not stress about $5 coffees or clipping coupons, … Continue reading Finance 104 – Budgeting: Ramit Sethi’s ‘I will teach you to be rich’

Finance 102 – Budgets: How to master your personal finances

You Need a Budget – “Failing to Plan is Planning to Fail“ Everyone needs a budget, regardless of their income. Some common myths are: (1) only those people barely making ends meet needs a budget; (2) budgets are restricting; or (3) I’ve tried budgeting and it does not work for me. However, these are myths. (1) Wealthy people budget. More importantly, budgeting helped them get … Continue reading Finance 102 – Budgets: How to master your personal finances

Head stuck in the clouds? How to combat brain fog

Brain fog – the inability to have a sharp memory or to lack a sharp focus. Basically, you have brain fog on those days where you never seem to be able to focus or are constantly forgetting things. We all have those times when we feel sluggish or for some reason we just can’t quite remember something that we should. Worst of all is when … Continue reading Head stuck in the clouds? How to combat brain fog