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Good Habits

Saving 10 Percent of Your Income Per Year is NOT Enough

July 20, 2023 by moneyischoices Leave a Comment

If you want to retire early and you listen to the advice of many financial experts you will NOT achieve your goal. Many experts will tell you to save ten percent of your income and invest in bonds and mutual funds. Another ten percent towards your debt, and just to rub salt in the wound and make you look really stupid, give ten percent away. It would be funny if it wasn't so … [Read more...] about Saving 10 Percent of Your Income Per Year is NOT Enough

Give Them Nothing Until You’re Free

July 16, 2023 by moneyischoices Leave a Comment

Most money books, how to get rich teachers and self help gurus almost always tell us that we should give money to receive money. It's not a new idea as religious texts have been pushing this angle forever but I'm saying that we should save ourselves first. I'm not saying that giving money to good causes or people in need is a bad thing. I do it myself every month and it … [Read more...] about Give Them Nothing Until You’re Free

Habits Will Make You Rich!

July 11, 2023 by moneyischoices Leave a Comment

It's our habits that run on autopilot that will either make us or break us. Think of your health, your skills, your knowledge, and especially your financial situation. They're all determined by your habits. If you're healthy then I guarantee you that you have good eating and exercise habits. If you're knowledgeable on a topic then you have good habits surrounding that … [Read more...] about Habits Will Make You Rich!

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