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 […]
Change Your Life with Compound Effect-The Ultimate Guide for Growth
Introduction Albert Einstein once remarked, “Compound interest is the eighth wonder of the world.” This profound statement highlights the incredible power of compounding, particularly in financial investments. Compounding has found widespread application in the investing world. Harnessing the magical power of the compound effect involves consistently investing small amounts of money over time, a strategy […]
This is how it all started
I am a research scientist and a nerd with PhD degree. I was always trying to avoid finance. I feel like it is too complicated and I have no interests on it at all. However, COVID-19 changed me. I am still the research scientist and doing the research I love, but I am now very […]