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Personal Finance Inspiration

There's a dark side to wanting to improve your life. It's a depressing one, but it's one I want to talk about today. Many people get to a point where it hits them: this isn't the life they want to live. For me, I realised stress and debt were pulling me down.
We go to the same place we went yesterday. We keep trying the same things. The same techniques. The same skill levels. Our focus is split amongst many things. We lack direction. A credit card bill comes in the mail. Something good is on Netflix. What was the dream we had once?
If you had to pick just one personal finance quote that everyone agrees on, what would it be? I would choose: "Compound interest is the most powerful force in the universe." After all, who doesn't agree that we should save money, invest in the markets early, and put compound interest to work?
THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE READ MY DISCLOSURE FOR MORE INFO In The War of Art, Steven Pressfield writes about two styles of work ethic: hierarchical and territorial. An artist who works hierarchically always has the audience in mind.
Part of my day to day routine is meeting with BDM's (business development managers). As you can imagine like any meetings some are zzzzz! and some are great. One of the best questions a BDM has ever asked me was, "If You Were a Listed on the Share Market, Would You Buy Your Stock?"
Courtesy of Millennial Money The idea came about when he used a retirement calculator for the first time and it told him he needed about $1.25 million to retire. "I was barely able to buy a burrito," he writes, let alone think about saving seven figures.
If I could boil my entire personal finance ideology into 6 words it would be this: Grow the Gap. Guard the Gap. If I could share a message with families struggling in poverty I would tell them: Grow the Gap. Guard the Gap. If I could share with young adults in college I would say: [...]
There's a famous Will Rogers quote that the easiest way to double your money is to fold it over and put it back in your pocket, which for the most part is true. When people advocate doubling your money, generally speaking there is a scam afoot and you will end up loosing it, with one shining exception, investing in the stock market and waiting 10 years.
It's one thing to set a goal to save half my income, but actually doing it is an entirely other story. Here's a (brutally honest) look at exactly how I've managed to hit my savings goal over the past few months - because I've been consistently hitting it every month since October.