Tag Archives: personal finance

Our “Personal Finance Masterclass” Is Now Available!

We’ve created a Udemy course about the basics of personal finance! We cover how to master your money, grow your income, reduce your debt, budget the smart way, invest, and much more!

Course Overview – https://www.udemy.com/personal-finance-masterclass/?couponCode=YT25

$15 | 100 spots available – https://www.udemy.com/personal-finance-masterclass/?couponCode=ML15
$17 | 100 spots available – https://www.udemy.com/personal-finance-masterclass/?couponCode=ML17
$19 | 100 spots available – https://www.udemy.com/personal-finance-masterclass/?couponCode=ML19
$25 for our Youtube subscribers – https://www.udemy.com/personal-finance-masterclass/?couponCode=YT25

That’s Not Saving Money!

Today we discuss “malleable mental accounting” and how our brain plays tricks on us to circumvent self-control. Put simply, we keep a mental savings account that we use to justify unnecessary purchases.

The best way we’ve found to combat this phenomenon is the pay yourself first system. That way any “savings” you come across can be spent without thinking about it, since your long term goals are being met.

Further Reading:

Pinch Pennies or Focus on Big Wins?

Everybody loves to take sides. In the personal finance world, you’re either for frugality or focusing on big wins. We think to build wealth, you need both. If it takes money to make money, then where does that money come from? And once you make money, how are you supposed to keep any of it if you can’t control your spending?

Further Reading:

Everyone Thinks About Money

People often assume we obsess over money. That’s actually pretty far from the truth. In fact, we propose you might think about money more than we do.

What’s more important is that you approach every financial decision from a place of strength and control, not weakness. In the video, we discuss a few reasons why our lifestyle lends itself to that mindset.