Spreading insight, not tips.

  Long-term planning is harder than it seems because people’s goals and desires change over time. Life is not that easy. Maybe you don't know for sure what is going to be happening in the future and fear comes in, paralyzes you. Therefore your desires change your goal changes. Long-term planning seems harder. But if you push, you can beat the odds stacked against you. Imagining a goal is easy and fun. But in reality, to achieve it, it stresses the hell out and this has a big impact on making our decision in terms of life and financials. Every five years old boy wants to drive a car or something, as they grow up they want to become lawyer or engineer or doctor or else and then they think their plan is set. They become doctors or engineers or lawyers. They have to work long hours and they couldn’t meet their family so they resigned. They take a flexible low-paying job. Then they think that childcare is so expensive so they stay at home. Then, finally, they conclude that they ma...

  Reasonable>>>>rational   There are players, very clever, who often taste losses because they are being rational, always try to have a logical perspective in terms of finance and life. Sometimes you have to be more realistic, more reasonable because every time thing doesn't go as you want, as you have thought logically. Julius Wagner-Jauregg was a 19 th -century psychiatrist who had two unique skills: one being recognizing patterns and the second being seeing everything in a possibly logical way. He won a noble prize in medicine in 1927 for cure mental disease by inducing a fever. Wagner-Jauregg is one of the only doctors in history who recognized the fever's role in fighting infection and also prescribed it as a treatment.  But that's where the science ends and reality sets in. fever is almost universally seen as bad. And people don't want to induce fever in their bodies for fighting infection. Instead, they want to be treated with drugs like Tylenol to ...

  Controlling your time is the highest dividend money pays. Good family, Bills paid, Bank account looks better, Healthy, No drama, Dreams coming true, all these require consistency, time, sacrifices, and whatnot to achieve. It is the highest dividend money pays. To have the ability and sense to control over what you have, what you want, how you want, when you want matters more than the work you do just for the sake of a good salary and a good house, is what makes people happy. Having discipline over money and time has its advantages like you get the autonomy over your unspent asset, can generate a small amount of wealth that can be used when you get sick and don't need to take a loan from banks or others, wait for a good job to come around rather than sticking yourself with the first one, you can retire when you want instead of when you need to, etc. Sometimes people feel that they are in control and they can do anything. When other people advised them to do something, they t...

  Never enough Enough, only six-letter words but have a very powerful effect. If one knows the criticality of the word enough, he/she would always stay satisfied with their life's decision in terms of financial as well as a life decision. In our society, many people including the wealthiest one seem to be less learned about what enough can bring to. If the person is on the edge of survival and poverty makes them feel uttermost pain, they do fraud is understandable. It makes sense. But someone worth millions of dollars would risk their everything in pursuit of even more because they had no sense of enough.   Greed and ego consume them whole. Warren Buffet said, "There is no reason to risk what you have and need for what you don't have and don't need." To have a sense of what enough can give rise to, you should remember few things: 1.         The hardest financial skill is getting the goalpost to stop moving. 2.      ...

 Many geniuses, who are rich in this world, are often not wealthy. Staying wealthy is a blessing in disguise, and it only works when you know doing well with money has nothing to do with how smart you are and have a lot to do with how you behave with it, which is very difficult to learn, even to many smart geniuses. Bookish knowledge teaches you to be academically excellent to become wealthy men but that is not the whole truth. You need to be psychologically well behaved too. And the one who started taking it for granted and loses control of their emotion can be a financial catastrophe. Ordinary men, who are not financially educated, can be wealthy if they have a handful of behavioral skills in terms of saving money. Technically it does sound a rocket science but it is how it works in the real world. Your personal experience with money make up maybe .0000000001% of what’s happened in the world, but maybe 80% of how you think the world works -  Do whatever you want to ...