Dogs vs Wolves
Financial Independence

Dogs And Wolves

Fifteen or so years ago, I decided to burnish my educational credentials with an accounting designation.

Having survived the initial set of grueling exams, I was admitted to a year-long “professional development” program.

Sadly, that meant that once a month, I had to spend an entire weekend holed up in a nondescript conference room with a bunch of other accounting conscripts. […]

Why money is hard
Financial Independence

Why Money Is Hard

Struggling with money? Join the club. As a personal finance blogger with nearly two years of writing and almost two decades of investing experience under my belt, I would expect to have it all figured out by now. The reality is, I am just […]

Your secret money weapon
Financial Independence

Your Secret Money Weapon

There are four key levers that determine how wealthy you will ultimately get. The most obvious one is how much money you make. However, as this guy has shown, that’s just the starting point. If you want to build wealth, you’ve also got to […]

Lucky or Smart
Investing

Better Lucky Than Smart

To kick off today’s post, let me tell you a little story. The story is about a good friend of mine from the MBA days. To preserve confidentiality, we can call him Mike. Today, however, I will call him the Frustrated Consultant. With that […]

FIRE not fair
Financial Independence

Why FIRE Isn’t Fair

If you want to embark on a thankless affair, look no further than the pursuit of financial independence. There are a million constantly moving pieces being debated in the personal finance community. Persistent calls to “index and chill”. Heated discussions about safe withdrawal rates. […]

Offset low market returns
Investing

Four Strategies To Offset Low Market Returns

A lot has been said about the tremendous run-up in the stock market since the global financial crisis. Historically, the S&P 500 returned about 10% a year (nominal, with dividends included). Over the past decade, however, the returns are well into double digits: So […]

Is your FIRE number wrong?
Financial Independence

Why Your FIRE Number Is All Wrong

At first glance, it seems easy enough. Figure out your spending needs. Divide by the safe withdrawal rate (SWR). Done – your FIRE number is staring you in the face. But is it? Inspired by a couple of reader comments on this post, let’s […]

2021 money moves
Investing

My Top Money Moves For 2021

And so, as it usually does every year, the Christmas fiesta has come to an end. If anything, the unexpected lockdown here in London was a blessing in disguise. Yes, not being able to see friends and family was a bummer. On the flip […]

Greatest Hits
Financial Independence

Greatest Hits: Volume 2 (Hello 2021)

Well, here we are. 2020 firmly (and thankfully) behind us. The clock has now begun its relentless countdown on 2021. At the outset, a year seems like a very long time. Objectively speaking, it is indeed a chunky stretch. But days have this pesky […]

Finding happiness
Financial Independence

Finding Happiness

As my workload finally eased up over the past few weeks, I have been able to spend a fair bit of time catching up with friends and family members. Many people in my social circle also have young kids and demanding jobs. Between all […]

Money identity
Financial Independence

The Money Identity

Nothing in life is easy. But it’s fair to say that building wealth has got to be one of the most challenging tasks you can set for yourself. A big underlying issue here is incentives. Think about losing weight or learning a new language. […]

Money Superpower
Financial Independence

What Is Your Money Superpower?

The absence of role models has long been one of the biggest obstacles to building wealth. After all, the easiest way to become successful is to find someone who is already successful – and replicate what they have done. However, money isn’t like fitness […]

Not about the money
Financial Independence

Not About The Money

Back in my 20s, when I was still working my somewhat boring corporate job, I had a few friends who managed to “break into” investment banking immediately post undergrad. The lead-up to Christmas was always an exciting time for them – not least because […]

Buy or rent?
Financial Independence

The Road To Riches – Buy or Rent?

Of the many conceptual arguments playing out in the personal finance space, buying versus renting has got to be one of the longest-running ones. Based on what I have seen over the past couple of years, the “buyers” represent a solid majority. After all, […]

Itching for a fight
Personal Development

Itching For A Fight

The two boys wouldn’t stop taunting me. I was in Grade 9, and it was my third day of high school. An experience equal parts novelty and anxiety. Having just immigrated to a new country didn’t make things easier. Our parents, busy with a […]

Early retirement terrifies me
Financial Independence

Why Early Retirement Terrifies Me

Ahh, the sweet promise of early retirement. The date is January 31, 2020. The news outlets are slowly picking up coverage of the strange pandemic that’s shutting down Chinese cities and seems to be spreading beyond the country’s borders. I have zero time to […]

Puppet show
Careers

The Office Puppet Show

Back in the heydays leading up to the global financial crisis, the same scene would regularly play out at the Deutsche Bank London headquarters. On bonus day, a car transporter would pull up to the landmark yellow building at 75 London Wall. It would […]

Financial Independence

Five Questions For Your Next Net Worth Update

Updating your net worth spreadsheet can be an exciting affair. Nothing quite like getting a dopamine rush as you watch the numbers tick up, bringing financial independence firmly into focus. Another dollar, another step closer to leaving the cubicle behind. There is no doubt […]