Browsed by
Month: December 2017

When Social Media makes you feel bad

When Social Media makes you feel bad

Social Media has become a blessing and a curse. It’s great to have such an easy and convenient way to connect with people. And I also get a good chunk of my news from social media, because I’m a millennial like that baha. But I think a lot of us will agree, once in a while social media can make us feel bad about ourselves. Most of the time you are happy for everybody when they are killin it out…

Read More Read More

Advertisements
Save, Splurge, or Regret

Save, Splurge, or Regret

So breaking news, Mindy Kaling had her baby daughter, but hasn’t released who the father is. Janet Jackson and Jermaine Dupri are back together. Oh, and now you get to read about how I spend my money. This is Save, Splurge, or Regret. Save- I go to the gym in my condo building. I am too lazy to go anywhere else (especially when it’s so effing cold outside) and this is the only way I will work out every workday…

Read More Read More

Finance and Coffee Break: Compound Interest in 5 steps

Finance and Coffee Break: Compound Interest in 5 steps

“My wealth has come from a combination of living in America, some lucky genes, and compound interest.”- Warren Buffett (billionaire) So guys, compound interest is pretty dang important. From my previous Coffee and Finance Post, Are you Financially Literate?, Question 1 is all about Compound Interest. Compound Interest increases the last balance, whereas simple interest increases the original amount; Sometimes Compound Interest is good, because it increases the latest balance in your account. But sometimes it’s bad, because it increases the…

Read More Read More

Finance and Coffee Break: Are you Financially Literate?

Finance and Coffee Break: Are you Financially Literate?

I was listening to an episode of Freakonomics Radio podcast from August 2017, and they were talking about how Americans lack financial literacy today. On the episode, they had two economists, Annemarie Lusardi and Olivia Mitchell, discuss their study that involved a basic 3 question survey to gage how financially literate you were. Now, wouldn’t it be fun for you to try and answer these questions too? (So fun). So here they are: Question 1 Suppose you have $100 in a savings…

Read More Read More

WTF is your Net Worth?

WTF is your Net Worth?

My friend recently sent me his tracker that calculates his net worth, which I find to be really impressive. Not because he has so much money, but because honestly, who regularly keeps track of that shit? Net worth is your assets less your liabilities. A.K.A. everything you own less everything you owe. Every month my friend records his Assets: the balances in his bank, his 401k, investments, and Health Savings Account (HAS). And under Liabilities, he records his student and…

Read More Read More

New vs. Pre-owned Car

New vs. Pre-owned Car

I remember when I went to buy my first car. I went with my dad, which was basically no help, because I am kind of an asshole when it comes to negotiating, and my dad is too effing nice. Ugh. My friends who had purchased cars in the past were kind of split on pre-owned cars. About half had bought them brand new. They told me: “You don’t want to buy anybody’s problems.” “You will have to pay more maintenance…

Read More Read More