Editors Note: Some offers mentioned below are no longer available. View the current offers here. Ever since I discovered the world of credit card points and travel hacking, I’ve been obsessed with learning everything I can about this hobby. With a little bit of knowledge, it’s possible to accumulate hundreds of thousands of points and miles […]
Top Posts
Monetize Your Life And Get Paid To Live
Over the past two years or so, I’ve earned a little over $30,000 doing a bunch of interesting side hustles. The question I often get is how I find the time to do all of these things. For most people, the ability to earn extra money comes down to time – most people work all […]
Start With Betterment or Wealthfront, Graduate To Vanguard
A few days ago, I received an email from Betterment notifying me that I had maxed out my Roth IRA for the year. It marks the third year in a row that I’ve maxed out my Roth IRA. Maxing out my Roth IRA might not seem like all that big a deal, but I think […]
The Dream of Barista FIRE
The best job that I ever had was at a small, public golf course by my house. It was a pretty crappy golf course – poorly maintained, no facilities beyond a small putting green and an old pro shop, and a stupidly difficult back nine where I lost hundreds of golf balls. I worked at […]
Arcadia Power Review 2024 – Everything You Need to Know About This Clean Energy Company
Get clean energy and a $20 bonus when you sign up for an Arcadia Power account through this site. And learn everything you need to know about Arcadia Power and how it works in the review post.
No Dad, I Didn’t Get Fired
The other day, I was talking with my dad and we got to talking about my new job. I told him how I was doing – I liked it, I was way less stressed and anxious, and overall, the new job seemed like a better fit for me and my personality. Yes, it was another […]
7 Best Cashback Apps That Everyone Should Use
Everyone is looking for ways to make or save extra money, so I thought it’d be a good idea to share all of the best cashback apps I use to help me optimize my everyday spending. If you use all of the apps I write about in this post, you’ll put yourself in a pretty […]
The Underrated Value Of A Side Hustle For Early Retirement
A lot of people ask me why I waste my time with all of these silly side hustles. To most people, it doesn’t make much sense that someone like me – a lawyer with a perfectly good job – would spend my free time doing things like delivering food to people, renting out a room […]
Be Comfortable With Being Uncomfortable
One of the things that I think holds a lot of people back financially is this total aversion to even a moment of discomfort. Sure, being successful with money requires an ability to handle money well – that’s probably a prerequisite. But I think there’s more to it than that. When it comes to success with money, you’ve got to be comfortable with being uncomfortable.
The price of comfort is pretty high. Living in a luxury apartment, getting food delivered to you, or running that air conditioner throughout the summer is going to cost you. If you opt for 24/7 comfort, you’re basically doing two things that are bad for you financially:
Saving Money Isn’t About Self Control
I was recently talking to a buddy of mine about personal finance when we ended up on the topic of saving money. He knew he needed to save more money, but was having trouble actually doing it. To him, saving money came down to self-control. As he explained it, he was struggling to save more because he couldn’t resist the urge to spend. If he could just avoid buying the latest gadgets or going out to eat so often, he’d definitely be able to put more money away – or so he told himself. Saving money came down to willpower. If he wanted to save more, he needed to will himself to do it.
I’ve always seen it a little differently. I’m admittedly a terrible budgeter. I don’t give every dollar a job and while I track my account balances regularly using both Mint and Personal Capital, I rarely, if ever, actually sit down and review my spending. I’m also horrible at self-control. I go out to eat all the time. And if I see something that I want that isn’t too expensive, I’ll just buy it without much thought…
