Intro
Debt is not a simple "yes" or "no" concept - it has different levels that impact your life.
Just like income, understanding these debt levels will help you make better financial decisions.
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Content Curator | Absurdist | Amateur Gamer | Failed musician | Successful pessimist | Pianist |
Just like income, debt has levels, and each level changes how you live, what you can do, and how much freedom you really have.
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Key Takeaways
- Money is not just a tool for buying things, it also shapes our emotions & attitudes in ways that can be both positive and negative.
- The way we think about money is often irrational & influenced by emotions, which can lead to poor financial decisions.
- The role of luck in finan...
Start Budgeting
Follow these simple steps and start Budgeting:
- Choose the right tool (Budgeting App, Excel sheet or Envelopes)
- Gather all information like your bank and investment account numbers, user id's, and passwords.
- Make a list of all your income sources and...
Movies and Parkinson's Law
The cost to make a movie has little or no correlation to its profitability.
Movies cost so much because of the financial concept known as Parkinson's Law, which means film budgets will continually expand to use the capital available, regardless if the extra cash results in a better product...
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