Category: Investing
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Crypto Folly: All Good Things End
This one gets my goat every time. I love emerging tech and investment options ( honestly was born in the wrong century) but being in the “innovators or early adopters” cohort can come at a price. When tech goes mainstream, it can go two ways: really good or really bad. In the case of Crypto,…
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The Personal Finance Trap: Emotions
The finance trap of emotions can be a vicious life-long cycle that hold you back. This post focuses on recognizing, working with, and controlling your emotional responses than beating them. An important thing many over look on their finance journey is their personal narrative and how the emotions it brings have significant impact in the…
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Risk Tolerance
A measure of how much loss you’re willing and able to endure during a decline in the value of your assets. Risk Tolerance As with life, anything that puts your financial future at risk evokes an emotional and physical response. Things like an unexpected expense, late fees, income loss, identity theft, market crash, etc. are…
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Financial Discipline
As a society, we’re often taught to accept ourselves; the good and the bad. We’re taught that money signifies status and that being a consumer is our main purpose for existence (or at least one of them). This is total BS. Accepting bad spending habits we learned from our parents, friends, and society is not…
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Decluttering Finances
Happy February! Time flies during these winter months where we’re held up at home, avoiding the bitter cold and bidding time until Spring. What better time than to get a head start on our finances for the year? Much like Marie Kondo’s decluttering method did for our homes, we can apply similar methods to our…