A blog about college, investing, cooking, psychology, saving money and general life concepts.
Frugality and cheapness are two concepts that are often used interchangeably, but they couldn’t be more different when it comes to building long-term financial health. While both involve saving money, the methods and mindset behind each are vastly different. Understanding the key differences between being frugal and being cheap can make all the difference in... Continue Reading →
Recessions are a natural part of the economic cycle, but that doesn’t make them any less frightening. Economic downturns can cause job losses, financial strain, and anxiety about the future. While it’s impossible to predict exactly when a recession will happen or how severe it will be, there are proactive steps you can take to... Continue Reading →
Tariffs are often used as a tool to protect domestic industries or negotiate better trade deals, but their effects extend far beyond that. While tariffs alone don’t typically cause a recession, they can certainly contribute to one when combined with other economic factors. Let’s break it down and explore how tariffs play a role in... Continue Reading →
What is the Illusion of Control? Investing is a game of strategy and decision-making, but often, it’s a game where luck plays a much bigger role than most would like to admit. The idea that we can control our investments, predict the market, pick winning stocks, and time the perfect buys and sells, can be... Continue Reading →
Ever noticed how some imported goods are way more expensive than expected? Or why trade wars make headlines like the latest celebrity scandal? Meet tariffs, the silent force behind price hikes, economic shifts, and international disputes. Tariffs may sound like something only economists care about, but they affect everyone. Whether you're a college student buying... Continue Reading →
Are You Overestimating a Stock Because You Like One Thing About It? Imagine you admire a CEO’s vision, love a company’s brand, or think its products are top-tier. Because of this one positive trait, you assume the stock must be a great investment. But is it? This is the halo effect in action, when one... Continue Reading →
Are You Stuck on the Price You Paid? You bought a stock at $100 per share. It drops to $70, and instead of cutting your losses or reassessing the investment, you tell yourself: “I’ll sell when it gets back to $100.” Sound familiar? That’s anchoring bias in action. Anchoring bias is a cognitive trap where... Continue Reading →
Investing or Gambling? Would you walk into a casino and put your life savings on black? Probably not. Yet, millions of investors do something eerily similar in the stock market, chasing high-risk, speculative stocks in hopes of striking it rich overnight. This is the lottery mindset in investing, the belief that the stock market is... Continue Reading →
Today, the kid and I decided to go see a movie we’d been wanting to see: My Dead Friend Zoe. I was excited about it, and it ended up being a great movie, but it also made me look back on my own past. It reminded me of how characters, and people, can shape the... Continue Reading →
The Fear of Missing Out on the Next Big Thing You hear it everywhere: “This is a once-in-a-lifetime stock opportunity!” Social media, financial news, and even friends will tell you that if you don’t invest in this one stock right now, you’ll regret it forever. Whether it’s a hot tech startup, the latest AI revolution,... Continue Reading →
The Broke College Student 