My Money Manifesto

What follows is my personal philosophy on money and materiality. Really, it’s about way more than money.

This piece is something I wrote for myself a while back in a moment of clarity, and I’m so thankful that I had the opportunity to document some of the thoughts that were flying through my head that day.

It has provided me with critical perspectives on life, money, and achievement. I hope some part of it helps you as well.

Continue reading “My Money Manifesto”

What’s Your Real Interest Rate?

As an accountant, I work with financial statements every day.

I spend a lot of time reviewing P&L’s and balance sheets. And when I signed up for Mint and connected all my accounts, I was pleased (nerdy, I know) to find a sort of “personal balance sheet” which is really the software showing your Net Worth figure.

Continue reading “What’s Your Real Interest Rate?”

The Simplest Frugality Hack

The other day, I wrote about my daily budgeting strategy, which is what finally got me serious about budgeting and being mindful of my spending.
The process is straightforward, but I wouldn’t call it simple. It forces you to categorize your regular expenses and identify which of them are more variable or voluntary in nature. What’s more, if done properly, the process never ends. For instance, each new month means a new evaluation of my baseline expenses, a new assessment of financial goals, and often a new daily spending target. To get the most out of it, you need a certain level of discipline and enthusiasm for your goals.
The concept I want to talk about today isn’t like that at all.

Continue reading “The Simplest Frugality Hack”