Money
Why Status Spending Keeps People Poor
Status spending, buying things primarily to signal success or impress others, is one of the most reliable ways to stay poor, even
How to Recover From a Financial Setback
Recovering from a financial setback, a job loss, a failed venture, a major unexpected expense, a bad investment, is one of the
What to Do When the Market Drops
When the stock market drops sharply, the instinct to do something, usually to sell, is overwhelming. But for long-term investors, the
How to Survive a Bad Financial Year
A bad financial year, a job loss, a business downturn, a market crash, an unexpected crisis, is not a matter of if
The Real Cost of Lifestyle Upgrades
Every time you upgrade your lifestyle, a nicer car, a bigger house, a more expensive routine, the real cost is far higher
Why Buying Less House Builds More Wealth
It sounds backwards, but buying less house often builds more wealth than buying more. The research on millionaires bears this out clearly.
How Much House Can You Really Afford?
"How much house can I afford?" is one of the most important financial questions most people ever ask, and the
How Much Do Millionaires Actually Spend?
One of the most consistent and surprising findings in wealth research is that millionaires spend far less than most people imagine. The
What Is Dollar-Cost Averaging?
Dollar-cost averaging is the practice of investing a fixed amount of money at regular intervals, say, every month, regardless of what
Roth vs. Traditional: Which Retirement Account Is Better?
Roth and traditional retirement accounts are two versions of the same tool, differing mainly in when you pay taxes. Both are powerful
The Selfmade Newsletter
Get the introduction to Selfmade Habits, free.
One idea every Friday on what self-made people do differently.
Free, on Substack. Leave in one click. Privacy & Terms.