Category Archives for Learn

How are your accounts structured?

I’ve shared previously how when I was 18, I got a credit card, and I started spending, most of that mindlessly on discretionary expenses. I realized that’s a really ineffective way to manage your finances. The more complex your bank account structure is, the harder it is to control things.

Simplifying your bank account structure

Insert Video Ep. 6 – Simplify Your Structure Ep. 6 – Simplify Your Structure Posted by Facebook on November 13, 2018 In the previous post, I introduced the bank account structure that’ll ensure that you’re spending guilt-free while still working towards your goalsToday, I’d like to show you how to set that up and provide […]

How to create positive financial habbits

Today, I’d like to talk about how to keep your habits in place, and how to change your negative ones into positive ones. I want to start by mentioning an excellent book called “The Power of Habit”. It’s a great place to learn about habits in general and to help you identify the habits you have.

What purpose do you have for your finances?

When I was younger, I used to put all my money into DVDs and CDs. Now, as you can imagine, not many of them are of use anymore. But at the time, owning the new albums of my favorite bands felt super important to me. This was because I didn’t have a clear purpose, vision or goal for my finances yet. I went into the default mode and bought what most people my age bought with their money. My habits were just around buying things for the entertainment value.

Where are you now?

If we want to make any positive changes to our finances, the first place we need to start is finding out where we are at the moment. Even if you’re feeling unsure, a bit lost, or if you don’t know what you want to do with your money yet, then that’s the place to start.

Why does it go?

Welcome to the first post of a series I’m putting together on how to manage your finances.

Today I’d like to talk about money habits. There’s this saying “Where does the money go?” What’s actually more important is the “why”. That’s what I want to focus on.