I got into a discussion with someone this weekend over how to get rich. His point is that it’s super easy to get rich when you have a high income such as anything over $100k per year but I don’t believe that’s the case at all and I found two cases to prove my point….
Category: Money Culture
Financial Regrets: Chicken & The Egg
My mother has chickens at her home. I asked her why she got the chickens and she said it was because eggs were too expensive at the grocery store. Of course, she only wants the organic farm free range well cultured chick eggs and since that variety cost is high she decided that she would…
The Gold Bugs, Like Cicadas, Are Out of Hibernation
In case you didn’t know, billions of cicadas are supposed to be out and about this year and coincidentally so too are gold bugs out touting now is a good time to buy gold! There are also reports that Costco keeps selling out of gold bars in minutes as soon as they go on sale….
Endless PF Debates, Wrong Context
As I mentioned in my post, Do You Have The Right Personal Finance Community, I wrote about how I spend a great deal of time surrounding myself with like minded investment class people and while that has helped me learn and grow it doesn’t come without some aggravations. Those aggravations are in the form of…
Should Billionaires Exist? Yes, They Should
I was having dinner with a group of very old friends a few weekends ago and we talked about many topics but one of things that came up was when “Bob” said something that startled me, “billionaires shouldn’t exist” he said as part of a discussion about the state of the economy, poverty and our…
Money Perspectives: Unique Money Traditions
I continue to explore how different cultures view money and I came across this video which is worth the watch as it covers money perspectives from a variety of cultures around the world. In Kenya, people use “Harambee” which is a word that means “everyone comes together” to raise funds for the community. I would…
Money Perspectives: Islamic Finance
After getting the Jewish perspective on money, I searched YouTube for a video on Islam and money and came across this interesting video. I understood some basic principles of Islam and money such that interest was generally forbidden in Islamic customs but I never knew the level of intricacy of the rules and processes for…
Money Perspectives: How Jews View Money Differently
I spend a great deal to time on YouTube and other sites seeking to improve my knowledge or skills especially when it comes to personal finance so it was a surprise when YouTube recommended the video below from Living Lchaim entitled, “How Jews View Money Differently Than Everyone Else” This is a long video but…