Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Everything You Can’t Have 

Everything You Can’t Have 

JAN 31, 2023  by Morgan Housel@morganhousel

Nothing is as desired as much as the thing you want but can’t have.

In fact for most people there’s a hierarchy of wants that goes something like this:

If you don’t want something and don’t have it, you don’t think about it.

If you want something and have it, you might feel OK.

If you want something and don’t have it, you might feel motivated.

If you want something and can’t have it, you drive yourself mad.

A few years after leaving office, Richard Nixon mentioned that the richest people in the world are some of the unhappiest, because they can afford to never struggle.

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

12 Life-Changing Millionaire Lessons I Learned From Working with the World’s Richest People

12 Life-Changing Millionaire Lessons I Learned From Working with the World’s Richest People

10. December 2022   Financial Imaginer

Over the years, I’ve had the opportunity to meet hundreds of millionaires and learn valuable millionaire life lessons from them first-hand on and off my job as their wealth manager.  While their backgrounds, lifestyles, and fortunes vary greatly, there are some common traits that all millionaires seem to share.

In this blog post, I will share with you 12 life-changing millionaire lessons that I’ve learned from the world’s richest people.  My goal in sharing these lessons is to “inspire” and help you become the best version of yourself and build a path to financial freedom!

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

When to Use A Cashier's Check vs. Money Order

When to Use A Cashier's Check vs. Money Order

Andrew J. Dehanb   Tue, January 31, 2023

There are a few options when you need a secure way of paying for something. Sure, cash is king, but not everyone feels safe carrying a thick wad around. Cashier's checks and money orders are two of the more secure options for making a payment. Each comes with its own set of advantages and disadvantages. Let's start by defining cashier's checks vs. money orders and going over their individual pros and cons. Consider working with a financial advisor as you decide where to put your money.

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Speed Of Time 

Speed Of Time 

23. October 2020 Financial Imaginer

Today I’m celebrating my birthday. I’m turning 41. Translated for you: It means I’m now closer to 50 than to 30 and closer to 60 than to 20. At least that’s what I’m thinking about right now. Also, 41 years means I’ve spent now more time living after the year 2000 than before. Hell, just think about it, 1990 is now further away than 2050.

Yes, birthdays get me thinking “about time” every single time. And I like it. Because time flies.

The speed of time is exactly 365.242189 days per year!

Is this fast? Is it slow? Well, that’s where it gets interesting, you see:

It depends!

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Advice, Economics, Personal Finance, Simon Black DINARRECAPS8 Advice, Economics, Personal Finance, Simon Black DINARRECAPS8

The Eight-State Suicide Pact Is Advancing Quickly...

The Eight-State Suicide Pact Is Advancing Quickly...

January 30, 2023  By Simon Black

By the early 300s AD, ancient Rome’s population was in significant decline.  Modern historians haven’t nailed down a precise number for Rome’s population— and estimates vary— but the clear consensus is that population peaked in the first or second century AD, and then began a rapid fall.

We know the reasons why. Roman citizens were sick and tired of the corruption, inflation, taxes, crime, social decline, constant chaos, etc. and they sought greener pastures elsewhere.

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Advice, Personal Finance Deb Aspinwall Advice, Personal Finance Deb Aspinwall

Price and Value

Price and Value

February 2022  Financial Imaginer

When it comes to price and value, most people think that they are one and the same.

This could not be further from the truth.

In this blog post, we will discuss why there is always a difference between price and value, and why this is so important in the world of business. We will also cover how different markets work, and how you can become a better investor by understanding this concept.

A fool knows the price of everything and the value of nothing.

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Why is it so Essential to Learn Money Skills? 

Why is it so Essential to Learn Money Skills? 

August 2021   By Financial Imaginer

Do you know how to take care of money? Did you learn about money in school? From family? From friends? Have you ever wondered how some people seem to have more money than others? Some even have more than they would ever need. This is not just because they’re lucky, it’s because they’ve learned how to take care and manage their money!

If you want to feel confident about your financial future, then there are some things you can learn about money. I can be your teacher. If you invest your time to improve your financial literacy, I promise you here and now this will be one of the best decisions of your life!

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

8 Auspicious Money Traditions to Welcome The Chinese New Year of the Rabbit

8 Auspicious Money Traditions to Welcome The Chinese New Year of the Rabbit

21. January 2023 By Financial Imaginer

The Chinese New Year of the Rabbit is just around the corner and with it comes a time for celebration, family, friends, and of course – Money.  The new year is all about new beginnings, fresh starts, and building your fortune!   My wife is from Taiwan and by now we’ve almost enjoyed 20 Chinese New Year celebrations together in Taiwan, Singapore, and Switzerland. I always enjoy celebrating and immersing myself in Chinese New Year festivities and thought it was time to share and explore these beautiful traditions in the form of a blog post.

Always welcome the new morning with a new spirit, a smile on your face, love in your heart, and good thoughts in your mind.

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

How Much Land Does a Man Need?

How Much Land Does a Man Need?

February 2022 Financial Imaginer

How much land does a man need? This is the question Leo Tolstoy asked himself after realizing that chasing more and more in life would never lead to happiness. In his classic book of the same name, he delves into a tale of a farmer who is rushing through life aiming to accumulate increasingly more land.

The story starts with how a farmer’s wife had a visit from her sister from the big city.

While they were sitting at the table, his wife started to talk – and compare their lives:

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

How To Protect Yourself From These 4 Banking Scams That May Target You

How To Protect Yourself From These 4 Banking Scams That May Target You

Gabrielle Olya   Sun, January 29, 2023

There are many benefits to keeping your funds in a bank account, but one of the main reasons many people keep their money at a bank rather than under the mattress is the added security this provides. However, some scammers have come up with clever ways to access your bank account information or to get you to send them money from your secure accounts.

Here’s a look at some of the most common banking scams — plus, how you can avoid becoming a victim.

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Advice, Economics, Personal Finance DINARRECAPS8 Advice, Economics, Personal Finance DINARRECAPS8

What the U.S. Debt Ceiling Limit Means for Your Finances

What the U.S. Debt Ceiling Limit Means for Your Finances

By  Brian Martucci  January 23, 2023

The U.S. government is in danger of intentionally defaulting on its debt obligations for the first time in its history.

The Biden Administration and the House of Representatives, which is controlled by Republicans and led by Speaker Kevin McCarthy, must agree to raise the country’s legal borrowing limit — known as the debt limit or debt ceiling — by early June 2023. If they don’t, the government won’t be able to fund its operations, and financial markets will absolutely freak out. That, in turn, could have far-reaching (and very bad) consequences for your personal finances.

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