Finance

The Cost of Emergencies | Money lesson

Recently, I have experienced an untoward incident of house repairs. An unexpected cost that required dipping into my emergency fund. Having never experienced something like this before, the entire experience was extremely stressful. Even though I know deep down I've set aside an emergency fund - the psychological effect doesn't quite align with that of… Continue reading The Cost of Emergencies | Money lesson

Books · Finance

The Psychology of Money | Key Takeaways

'We think about and are taught about money in ways that are too much like physics (with rules and laws) and not enough like psychology (with emotions and nuance') - The Psychology of Money; Morgan Housel The quote above aptly captures why we need to reexamine the way we approach money because often times our… Continue reading The Psychology of Money | Key Takeaways

Finance

Financial Terms every Beginner Investor should understand- Part 2

Welcome! Today we will be going through basic financial terms on Affordability! If it's your first time here, this is actually Part 2 of a two-part mini blog series where I expand on: Profitability ie. Income Statement [Part 1]Affordability ie. Cash Flow Statement The reason why I've decided to expand on these terms is not… Continue reading Financial Terms every Beginner Investor should understand- Part 2