Month: November 2014


Financially Fearless

I have a recommendation for a useful, smart and long-rewarding present: a financial education book titled Financially Fearless: The LearnVest Program for Taking Control of your Money (published 31 December 2013) written by the young and inspiring Alexa von Tobel. This book makes a great Christmas present (or a gift for any occasion) that a parent can give to their child 18 – 26 years old (more financial education books to choose). But really, how many of us have our finances under complete control? According to Alexa von Tobel, 76 percent of all working Americans live from paycheck to paycheck. So basically, three out of four Americans are uncertain about their financial status, and the financial decisions they make. To live paycheck to paycheck is a “ no plan” of action and a bad choice. “You cannot be ignorant,” says Alexa. Financially Fearless: The LearnVest Program for Taking Control of Your Money is full of tasks and questions—and working through these exercises will help anyone build a solid foundation for future financial decision making skills …

close-up of human hands cutting a credit card by scissors

Lyxfällan Top 10: Problems People have with Money

“All happy families are alike; each unhappy family is unhappy in its own way.” (Leo Tolstoy, Anna Karenina)  Even though Lev Tolstoy claimed the opposite, we can find similarities in unhappiness of financially broken families—both of which share a common starting point. After analyzing 17 Seasons of the popular Swedish TV Show LyxFällan (Luxury Trap in English), I did draw some conclusions about common money spending habits, lifestyles, and attitudes towards money. If you can relate to at least three of the following economical letdowns, consider yourself warned… Here is a list of the most popular issues that landed people in LyxFällan.  No savings – The most common feature that everybody shared was having  zero savings. This included people with an income of $2000-$6000 per month. No matter how small or large your income is, save at least 10%.  No concept of expenses and loans – Knowing how to budget and control your economy is one ability that most people from LyxFällan did not have. Here you will find The Top 5 Swedish Apps that will help you …


Self-Crisis Management – 7 Tips to Help You Hop Out of Bed

Almost everyone has at one time or another “hit the wall.” Meaning, have had a personal or career crises. And every crisis seems to start the minute you wake up: arrogance, procrastination and suffering from as little as noticing the weather outside. There are a lot of reasons why people end up in this situation. But the good news is that there is a way to get back on track. Remember, it all starts the minute you open your eyes in the morning. The secret element of success  Some time ago Life as an Investment published an article which discussed Knowledge and Motivation. But recently, while reading biographies of successful people and analyzing my own personal experiences, I came to conclusion that one important element was missing – D I S C I P L I N E! It may sound boring – be a disciplined person, but it can pull you out of a crises and make your dreams of reaching the pinnacle of success come true.   Your perfect productive morning It sounds …