This will be the most important article you read all year. Fiat currencies are going to zero and it’s only a matter of time till we do almost all of commerce in the world through cryptocurrencies. People think this will take a few lifetimes, but they are dead wrong. The...

This is a guest post by Amish Aggarwala, Central Government Counsel and Disputes Lawyer at the Supreme Court of India. Subj: Steps you can take before and after marriage to protect yourself and your assets in the event of a divorce. I am deeply honored to write this guest post...

I received an email question from a reader who finds himself in a tight financial situation because of the pandemic. “Hey, first of all I want to say your articles have been a real eye opener and truly valuable. Thanks for sharing them. However, I am mailing you to ask...

“In the beginning, God created the bank and the money. And the bank was without money, and bailed out; and darkness was upon the face of the taxpayer.” – Genesis 1:1 Just kidding. The evolution of modern money is a long and interesting one and took place over tens of...

The Way to Wealth is an essay written in 1758 by Benjamin Franklin. I’ve read and reread this essay multiple times, and I’ve always found it a useful reminder of the basic principles of a good life. The essay is freely available in the public domain, and therefore I’m sharing...

From the desk of Harsh Strongman Subj: Types of Income Streams No matter how poor a person is, nobody likes the idea of selling time for money. Still, most people’s only source of income is them selling their time in exchange for an hourly or fixed salary. This prevalence of...

At all times, you must strive to have at least one year worth of essential expenses saved up. Before we get to the why part of it, let’s first compute what the number is – you will need a paper and a pen (or an excel sheet or whatever). Figure...

In the previous article, we talked about why you should start an online business. In this article, we’ll discuss a rather hot topic: how to make money online. This article is divided into three parts: 1) The Offer 2) The Traffic and 3) Useful Business Tools. To make the article...

If you want to get rich, you have to start a business. A job will never make you rich, and even the best jobs leave you well off, not rich. When you work a job, you’re working to make someone else rich, and they’re giving you a (very) small piece...

It surprises me that so many people do not know what their expenses are – it’s almost insane. If you do not know how much you make, and how much you spend, you’re living in a world of financial darkness. You can keep walking, but eventually you’ll run into a...

This one is going to be a podcast. This was my first time using the (rather low-quality) mic equipment so there were some sound quality issues – so please bear with me here! Below is a what I discussed in the podcast (and then some) for those who prefer a...

Ah, debt aka modern-day slave chains. Well, I believe you already know that taking on consumer debt – student loans and especially credit card debt – does not make sense in most cases. The thumb rule I use is “borrow to produce, not to consume.” But, let’s say by the...

Here are some simple heuristics to follow when investing the equities portion of your portfolio: 1. Not more than 5% in one stock and no more than 20% in one industry This is fairly obvious – Diversification. The higher the diversification, the lower the non-systematic risk. Diversification makes your portfolio...

Naval Ravikant, recently sent out a series of very insightful tweets titled “How to Get Rich (without getting lucky)” and elaborated on the topic with a periscope video. This article gives you my take on the tweets, tweet by tweet. (I’ve changed the order of the tweets to help the...

From the desk of Harsh Strongman Subj: The Power and Math of Compounding This article is about the greatest force known to man: Compound Interest. Simply put – compound interest means that returns accrue on principal as well as previous returns. This sounds like a very minor detail – but as you’ll...

The age-old and most effective money advice you can ever take is: KEEP TO YOURSELF 20% OF ALL YOU EARN In other words, save 20% of all your receipts. Sounds pretty basic, but you’ll be surprised how few people actually follow this. I’ve seen people who make more than $1 Million...

I’m talking about the handcuffs and leashes of the modern day: student loans. Student loans are not inherently evil (even though it is commonly thought so). The question of whether you should accept a student loan or not depends on what you are going to be studying, and what the...

There’s a concept in economics called sunk cost. From Wikipedia: “In economics and business decision-making, a sunk cost is a cost that has already been incurred and cannot be recovered.” This applies to life as well. Have you ever seen someone being sad and depressed over something bad that happened...