According to one author, it is — If you spend any time in the personal finance space online, you will likely be familiar by now with the FIRE (Financial Independence, Retire Early) movement. It’s a concept whereby those of us lucky enough to have decent paying, middle-class jobs aim to live cheap, save aggressively, invest wisely, and…

Investment scams discover you, not the other way around — It has been estimated that almost 90,000 Americans were involved in investment scams in 2021 alone, losing a total of around $1.58 billion. This indicates an increase of around 82% based on the previous year, so to say that these scams are becoming more prevalent would be an understatement. While…

Equal pay was never going to result in a level playing field — Being a woman comes with some stereotypes when it comes to money and investing. Traditionally, women have often been told they’re not good with money, not aggressive enough when it comes to investing, not as financially savvy as the men in their life. …

2,000 survey respondents agree on a few things — It’s unsurprising that Americans, much like the rest of the world, are feeling the need to ‘do better’ when it comes to managing finances. With soaring gas prices, high inflation, and sky-high rent, the answer to many people’s problems are more complex than ‘better personal finance’. But there are things…

Anchoring, the endowment effect, and herd mentality — While some of us are pretty disciplined when it comes to spending, some of us are more impulsive, and that’s not entirely our fault. …

Our own mistakes are harder to see than other people’s — Self-editing is hard, but we can’t all afford a personal editor to read over every blog post, Medium story or long-form social media post. Nobody gets it right all the time. As someone who writes a lot, these tips help me get it right more often than I otherwise would. Always put your work away for a while before editing …

You’re financially closer to a homeless person on the street — It’s slowly becoming apparent to me why people defend billionaires, and see nothing immoral in the way they operate. It’s not just that they too aspire to be billionaires. It’s that they genuinely think they have something in common with them. When journalists criticise billionaires, and point out how immoral…

Those who think there is, don’t understand the scale of the problem — Once again, there has been a terrible, tragic, life-altering mass shooting in the USA. Once again, it was in an elementary school. Once again, children lost their lives. Families were destroyed. Politicians sent thoughts and prayers. …

If you want to live cheap, try to be rich — It’s no secret that it’s expensive being poor. At the most obvious level, when you’re poor you don’t have money, so you have to borrow it, which is expensive. It’s hard to pay money back when you’re poor, so your credit score can suffer. …