Would you rather have $100 today or in 30 years? Understanding the Time Value of Money is Personal Finance 101. But would you rather have 100 hours today or in 30 years? You make that decision every time you stay late at the office. Every time you skip a family gathering. And every time you …
“I took a red-eye to New York for a 45-minute meeting.” Absurd, we both agreed. My friend’s a partner at a “Big 3” consulting firm. 22 people flew from across the country for this meeting. He’s 43 with 3 kids under the age of 7 and lives in LA. (So smack in the middle of …
Justin Timberlake was sending some bad juju to Britney Spears. When the rumors swirled of her infidelity, he responded with a warning: What goes around, goes around, goes around,Comes all the way back around Actions have consequences. Beware of the karmic boomerang. But karma impacts you more than you realize. You understand that if you …
There are many perks to working on Wall Street. I went to Super Bowl 48. I sat courtside and watched the Knicks, Lakers and Nets play at their iconic arenas. I skied fresh tracks all day at the Yellowstone Club. (Yup, a private ski mountain.) All for free. All before I turned 32. Yet none …
Leaving Wall Street cost me $900,000. Yup, the “Golden Handcuffs” are real. Bonuses are deferred. So by definition you leave money on the table. At 35, I said f** it. I want to own my time, surf every day & watch my kids grow up. 8 years later, I’m still standing. I’ve learned a lot …
50 Cent has FU Money. The rapper-turned-entrepreneur has so much money that he bought 200 front-row seats to Ja Rule’s show. Just to keep them empty. How’s that for some shade? FU Money is the holy grail for hard-charging bankers, software engineers and entrepreneurs. FU Money lets you play by your own rules and blaze …
TIL a new productivity strategy: Micro-tasking. Whenever you have a free moment, do something productive. It’s the key to feeling in control. And on top of things. Plot twist. I’m totally kidding. This is an absurd strategy. But the feeling of needing to squeeze in one more thing is a very real one. And if …
“We have no idea what the world will look like when we wake up tomorrow.” It was late Sunday night, September 14, 2008. Lehman Brothers had just filed for bankruptcy. And when the markets re-opened on Monday, it was going to be a bloodbath. And indeed it was. 401ks were eviscerated. 9 million people were …
Guys, I screwed up. I left Wall Street at 35 without a plan. I was constantly told: “You’re throwing away your Peak Earning years.” The haters were right. I’m now 43 and my net worth is exactly the same as it was at 35. I screwed up my retirement. And that’s great news. It’s time …
Summers were always a fertile season for productivity. We spent them in France and I came prepared. SAT flash cards.A “Beginner’s Guide to HTML” book.Ankle weights to spice up the workouts. Then at night we’d go get ice cream. But there was a problem. The Ice Cream shop was closed. For the ENTIRE MONTH. Where …
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