A blog about college, investing, cooking, psychology, saving money and general life concepts.
"Are they happy?" is often the question I get asked when I talk about the people who have made the most difference in my financial life. So much so that I consider them my mentors, even though I've never met them in person. And for some reason, people continue to believe in the false notion... Continue Reading →
I've come across this quote more than once: "Act like you can't afford the bread until they find out you own the bakery," and it has stuck with me ever since. If you have been here for a while, you know that the whole purpose of this blog is to understand the mindset of being... Continue Reading →
The teen wants to go to the State Fair on Friday with a family friend, so I canceled everything on the calendar for that day so we can go and spend the day taking in the ambiance of the once-a-year fair. And if you know one thing about me, it's that you know I am... Continue Reading →
There will always be things to buy. There will always be money to be spent. The world doesn't stop moving when you're sleeping. Money continues to flow in and out of people's hands 24/7—it's just how things work. Understand, there is no shortage of people happy to take your money, because exchanging a product for... Continue Reading →
Fall season is approaching, and I am feeling at home once more as I pull out the fall decorations and Halloween decor over time. This year, I decided on throwing a Halloween party for my teenager and his tutor who has become a close family friend to the both of us. Every year I get... Continue Reading →
Ever since I talked about needing to cut back on snacks and getting back in shape after having to adjust to being a college student—which means more time sitting at my desk—my tendency to save money has proven to show a correlation between consumption and saving money once again. Let me explain why and how... Continue Reading →
Today, I ran into an old neighbor at the transit station near my college. He was on the phone, arguing about a payment plan for the building I still live in. When he got off the phone he explained to me that because he had his cat, he owed money for carpet replacement in the... Continue Reading →
Something I want to introduce is a personal mental model that I am working on called Perceived Urgency Reduction. This framework helps me manage the pressure to make immediate spending decisions by recognizing that there will always be more opportunities and resources available in the future. I am sharing it here because it might be... Continue Reading →
There's a problem that many of us in the first world have, especially for those of us who live in America, and that is the false illusion that things are supposed to be a certain way from ground up no matter where we are in our financial stability stage. What I mean by that is,... Continue Reading →
Compound interest is the bane of existence for students, former and current; it's behind the debt snowball that just keeps getting bigger and bigger. It's the reason why the principal amount of debt is difficult to pay off. However, for those interested in personal finance, compound interest is where students can take back their power,... Continue Reading →
The Broke College Student 