I recently wrote an article about effectively following through on your New Year’s resolutions. If you want to make long-lasting and meaningful changes in 2020, start with your financial bucket list. Just like learning a new language or losing weight, a financial bucket list should contain lofty, yet attainable goals.
Every time January 1st comes around, millions of people set New Year’s Resolutions. However, by the time February begins, ½ of them have abandoned every single one. By March, the number is 80%. If 80% of people cannot stick with it for two months, something must be wrong with the
In my 20s, I moved to New York City. Though I am not a big spender, New York was eating into my $85,000 investment banking salary. I was spending $3,000 a month in rent, $600 in food, and almost $2,700 in taxes. I calculated my projected retirement date based on
Puerto Vallarta is one of the best sea-side destinations in Mexico. With more than a dozen beaches and spectacular sights to see, it is an excellent winter getaway. I had the chance to go for this most recent Christmas and had a blast. I arrived on 12/24 and left on
The path to living a free and fulfilling life is largely tied to our finances. Our financial levers generally fall into three categories: (1) Earning more (2) Spending less (3) Investing wisely The 4th Financial Leverage is Geo Arbitrage For this Christmas and New Year’s, I will be working from
Real estate investing (unlike many other investments) has four levers to make you money: appreciation, cash flow, debt pay down, and its tax benefits. Let’s dive into each of the return levers: 1. Appreciation Appreciation is how much the property value increases over time. 1. According to Case-Shiller Home Index,
First of all, debt is a tool of financial management. It adds financial risk because of interest and principal payments you make to the lender. However, not all debt is harmful. Sometimes, it can improve your financial situation. A simple litmus test can be applied to whether you should take
I used to have trouble focusing during the workday. It was a serious problem because working in private equity; you had to be “on” 100% of the time. You just simply could not be distracted by your iPhone or be drowsy at 1:00 in the afternoon. To operate at peak
Sao Paulo is a sprawling metropolis that is used to seeing more business travelers than tourists. With wide avenues, tall skyscrapers, and over 20 million people, I consider it Latin America’s “New York.” My first time in Sao Paulo was in September 2015. Since I do business in Brazil, I
Rio de Janeiro has everything: miles of beaches to trendy restaurants, beautiful men and women, and wonderful nature experiences. My first time in Rio was in June 2015. It was also my first time in Brazil, and the experience was magical. Since then, I have been back almost a dozen
Previously, I wrote a comprehensive list of travel hacks which you can see here: Part 1 and Part 2. However, we have rounded up even more travel hacks to help you travel! Booking (1) When booking flights and hotels, enable private browsing mode. Travel sites track visitors using cookies and
Over the last year, I traveled to seven different countries. That being said, I learned some interesting ways to be headache-free while traveling abroad. You can see hacks 1-6 in the prior post. In this post, I will be talking about hacks 7-15. 7. It is OK to Recycle Your
Over the last year, I traveled to seven different countries and tried to be as minimal as possible. I learned some very interesting ways to be efficient while traveling abroad, which I will share below in no particular order. 1. Have Jet Lag? Use Melatonin The first topic that comes
Big tech giants and online advertising companies use a ton of tools to track you around the web. These include cookies, device logging, fingerprinting, and even share buttons. One of the most common ways people think they can hide their activity is incognito mode. This opens a browsing window where
I started trading stocks in January 2017 using Robin Hood. Over the next 3 months, I made 20% ROI and lost it all in a week. Then I gained 30% on 10 trades the following month. Over the next year, I lost and gained thousands of dollars, changed the entire
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