Financial Literacy

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Predictions for 2022

2022 is really uncertain. What will happen in financial markets next year? Here’s my take.

Asset Allocation when investing

How to approach asset allocation and risk tolerance.

Figuring out how much of your net worth to invest in different assets is challenging. It is very personal. Take the time to figure out where your comfort level is and what makes sense based on your goals and your age.

How to underwrite a rental property

How to underwrite a rental property. Real estate investing isn’t rocket science, but it does come with some significant risks to understand. Read about how to study rental income and regular expenses to see whether a property is a good investment.

Opportunity Cost and what could have been

Every decision we make comes with a cost. Not just the cost of the thing we acquire, but the cost of what could have been. Opportunity cost is the concept that there are alternatives to the decisions we make that have different outcomes. Being aware of opportunity cost is critical to sound decision making.

Your first job. Strategy and what to look for.

How to approach your first job

You’ve graduated from school, and it’s time to start looking for work. How you approach this important decision is critical to success in your career and therefore your finances. In this blog post, I want to run you through my first job, what I learned from it and how I leveraged it to grow in …

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Cost of Doordash meals

The cost of a Doordash meal, broken down

Everyone knows that one of the biggest uses of millenial money is eating out. Cooking for ourselves just hasn’t been drilled into us as one of the top ways to save money (I suppose they cut home economics out of the curriculum at some point?). The reality is that a very small minority of the …

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Your financial “End Game” explained

To be financially successful over the long run, people need to make sacrifices in their lifestyle today to free up money for long term growth. Without a financial end game in mind ,these sacrifices are far less palatable. The financial End Game is the dream that makes the sacrifices worthwhile.

Why I use my credit card for everything!

Let’s start with a clear statement on consumer spending. If you can’t pay off your credit card every month with income from your salary after you have already contributed to investments, you are spending too much. Spending too much means you will carry a consumer debt balance on your credit card which will be very …

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