Nerd Financial Path
A Blog on Personal Finance and Life
Saving, Investing, and Living Well: Lessons from The Psychology of Money
I just finished reading the book The Psychology of Money by Morgan Housel, and I thoroughly enjoyed it. A couple of years ago, I listened to the audiobook and liked it a lot. Having read numerous books on personal finance and investing, I must admit that this one offered me new perspectives on money, wealth, […]
5 Steps to Index Investing Excellence and Build Wealth
Index investing brings me peace! I set it and forget about it! I enjoy the feeling! I. Introduction Have you ever felt overwhelmed by the vast array of investment options, wondering where to even begin? You’re not alone. When I started investing, I had the same feeling. Navigating the financial world can be intimidating, especially […]
Unlocking the Power of Health Savings Accounts (HSAs): A Guide to Maximizing Benefits and Building Wealth
IntroductionIn a casual conversation with friends, the topic of Health Savings Accounts (HSAs) came up, revealing a surprising lack of understanding among even highly educated individuals. Many, like myself, were contributing minimally, not realizing the incredible potential these accounts hold. In this blog post, we’ll explore what HSAs are, their triple tax advantages, contribution limits, […]
How To Reduce Your Debt: The Best Strategy
IntroductionThe journey to financial freedom through debt reduction is like unlocking a superpower. My revelation began with the wisdom of Dave Ramsey. This blog aims to share my transformative journey—from seeing debt as a helper to understanding its risks and taking concrete steps to eliminate it.Living Frugally, Yet Drowning in DebtChoosing a frugal lifestyle was […]