A little while ago, my Dad sent me an interesting read on Business Insider discussing wealth factors. Read more here. The article discusses survey results of 600 American millionaires. I'm not aware of how the survey result data were collected, filtered, and cleaned, but they state they found 6 common factors among the millionaires which, … Continue reading Study Up On: Wealth Factors
Building Wealth
Study Up On: Building Wealth
Last week I talked about how I'm starting a new job. I was only at my current job for about 8 months before providing my notice, so I wanted to give at least 3 weeks notice for proper transition of projects and give them a bit of time to fire up the ol'hiring process. The … Continue reading Study Up On: Building Wealth
Booked: Think and Grow Rich
Groundbreaking news everyone! I've decided to start reviewing books related to personal finance and living a fulfilling life without the fruitless endeavours of ultra-consumerism! I am doing this to try and motivate myself to read more. During my long road of actuarial exams, I read many textbooks, actuarial journals, studies and the like. However, I've … Continue reading Booked: Think and Grow Rich
The Big Three – Part Three: Housing
Now for the final installation of my Big Three series! For the finale, we will be talking housing. As discussed in the kick-off to this series, shelter* makes up 14.7% of median income, or $17,509 (2015). The Frugal North's StatusThe FN household is currently paying $1,860 a month for shelter costs. This amounts to $22,320 … Continue reading The Big Three – Part Three: Housing
Human Capital VS Financial Capital
An important concept in building ones' wealth is capital. In today's world, you need some dough to carry out an existence, unless you're totally self-sustainable which is awesome from an environmental/frugal standpoint. But for most of us mere mortals, even those living the most extremely frugalicious lives, you need some money to cover basic expenses. … Continue reading Human Capital VS Financial Capital
