Featured Posts

The Tree of Happiness There is no nexus between a tree and your happiness. At least, that's what I believed until I learned about the tree of happiness -- Albizia. Chinese call it a tree of happiness. It bends in the winds but doesn't break. Interesting. I call it perseverance. How... Read more

The Simple Path to Wealth One of the cornerstones of this blog is the fact that you need to achieve financial peace so that financial worries can't rob your happiness. Everything we do is for one and only one reason -- to be free and to be happy. A street smart person knows how to... Read more

Why Trump Will Be the Next President After winning primary in the Hoosier State, Donald Trump has been declared the presumptive nominee of the Republican party. Pundits declared that he can't win against the Clinton political Juggernaut. May be. But I don't agree. While most polls show Clinton... Read more

The White Coat Investor: A Book Review I admire physicians. I am not a physician but I have been fortunate to work with several smart physicians. Physicians are naturally bright professionals as I have seen them learning technology and even programming even though that is not their core focus. On... Read more

Why Apple is still a good investment   You don't have to be a pro to understand why Apple is still a good investment; in fact, you are better off being a motley fool even if you watch CNBC. On Jan 28, 2015 Jim Cramer called it an investment of lifetime; a stock that will rise again this... Read more

Diversify...Really?   It's OK to have your eggs in one basket as long as you control what happens to that basket. -- Elon Musk It sounds oxymoronic but the fad in the personal finance industry is to promote diversification. Ironically, most of us are really bad at diversification... Read more

Wela: An Interview with Wes Moss With the advent of the Internet, our lives have changed forever. Amazon is redefining how we buy anything including pencils to power tools. Whether you like it or not, wealth management has also begun its inroads on the Internet. The brilliant idea that you... Read more

How to Invest in Stocks like a Pro   Let's face it -- most of us, mere mortals, consider investing ourselves in a stock market akin to playing Roulette in Las Vegas! If you have similar thoughts then you are not alone! According to Henry Blodget, one time super star Internet stock expert,... Read more

Why I still Invest in Apple   Let's face it -- most of us are Apple investors. If you deny, look at top ten holdings of any mutual fund that you own. Unlike old superstar stocks of the past -- Intel, Microsoft or Dell to name a few -- there is something unique about Apple. It has... Read more

lnvestment Lessons from Warren Buffett Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard. If you can enjoy Saturdays and Sundays without looking at stock prices, give it a try on weekdays. -- Warren Buffett While Warren Buffett... Read more

Is Tesla Still a Worthy Investment?   "Is Tesla still a worthy investment?," asked a friend of mine who read my article which I wrote back in June of last year. A lot has happened since then. Tesla stock has doubled in price and Elon's presence in the media is omnipresent. This guy is... Read more

Year 2013: My Favorite Personal Finance Articles It is hard to believe but, indeed, year 2013 is in the box. For stock investors, it was a banner year. Nasdaq finally climbed back to its old highs and other indices performed brilliantly as well. While pundits on the Street may have tried their best to... Read more

Get Free Articles!

Proud Member of Yakezie

10 Simple tips to Super Charge Your Personal Finances

Nothing is permanent in this wicked world — not even our troubles. — Charlie Chaplin

Have you ever watched a kid learning to ride a bike? We all have.

My younger daughter used to fall down every time she tried learning how to ride a bike, yet she always smiled and kept trying until she mastered that skill.

Most things we achieve in life relate to this little life lesson — learn to pick yourself up when life knocks you down.

Money is a taboo subject that we hate to discuss. The good news is that our Web is full of financial wisdom — explore and learn from these sites to super charge your finances.

1. Frugality is  a way of life.

After a while you find yourself nickel-and-diming every purchase, picking up each and every object and finding an excuse why you don’t need it anymore. Before long you have almost nothing to your name and spend almost nothing either. Oddly that feels rather good!  — retiredby40

2. Happiness comes from within, not from possessions.

Despite having little money up until 24 years old, I was so happy. I’m thankful for having supportive parents, a place to stay, and food to eat. Living in multiple third world countries really hammered home the fact that not everybody is so fortunate. This is why I encourage all of us to travel and learn a new language or two. There would be more love and less war if we traveled. –Yakezie

3. Buy assets. Avoid liabilities.

That’s it. Simply buy assets. Buy things that increase in value. Buy things that produce income. Avoid spending money earned in exchange for work on anything other than assets. The problem is, most of us take the exact opposite approach. We buy liabilities. We buy things that depreciate in value – sometimes quite rapidly. We buy “experiences” like magical vacations. We spend an inordinate amount of money on entertainment, eating out, and expensive hobbies. — Frugaldad

4. Learn how to invest wisely.

Over the past several years, I’ve read piles and piles of books and websites and other materials related to investing. Here are the gems I’ve found, focusing particularly on resources most useful for learning. — Thesimpledollar

5. Have courage to do what you love.

“I’m not forced to freelance because I can’t find work. I choose to freelance because that’s where the hottest opportunities are. I’m actually the rare journalist who wasn’t laid off — I voluntarily quit my newspaper job. I quit 8 months after I got a promotion and a $10,000 raise. Oh, and I loved my job. Loved my colleagues in the newsroom. Loved my boss. Quit anyway. Now I make more money AND have more free time than I did before.” — Afford-anything

6. Turtle wins the race.

The results speak for themselves. I chose the worst possible day to buy stocks by buying high, used the most inefficient use of dividends by letting it sit as cash and yet, by investing in defensive, blue chip companies, I actually come out 65.42% richer! Also note that I’m excluding the market recovery of 2010 (lost decade, duh!). — Moneycone

7.  Get out of the rate race.

I currently have it good for my stage in life, and compared to many other people and where I could be, I really have no right to complain. I do, however, still feel that I am leaving something behind. I don’t want to do 9 to 5 for the rest of my life, and I believe that something better is possible. — Investitwisely

8. Conquer your debt.

You’re in debt! How did that happen? Who cares! Too often, we spend so much time focusing on “the how” and become paralyzed about improving the situation and starting the process of getting out of debt. — thedigeratilife

9. Don’t spend what you don’t have(A.K.A. Credit cards).

We use cash for most of our day-to-day purchases.  A lot of this has to do with where we’re currently living – not as much is online, and not many mom-n-pop stores here take plastic – but even stateside, we rely a lot more on cash than on plastic. — simplemom

10. Super charge your brain.

Now I am not a brain surgeon and I am not going to suggest you do anything surgical or dangerous. I am however an astute student of human behavior, so I always look for simple ways to super charge my brain. — Shilpan@dumblittleman

Related Posts Plugin for WordPress, Blogger...

Comments (11)

Great post. #2 is very profound. I was just out with a friend last night talking about internal happiness and contentment and how we have to work at finding it sometimes. Realizing that stuff is not the answer is a huge step in the right direction.

Miss T,

You are absolutely right. Most of our worries go away if we understand that happiness comes from our own thoughts. No matter what circumstances we face, we can always choose to be happy. Possessions can never bring eternal happiness.

Great post Shilpan. You provide a lot of great take aways and have an easy style to follow. Also, I love the links you included too. I liked your article on DLM as well. Cheers!!!

Thank you!

You have a very nice format in your post! Thanks for highlighting.

Best, Sam


Your article is one of the most inspiring articles that I’ve read recently. Thank you for sharing.


My favorite is #9, Don’t spend what you don’t have. Altohugh it may sound like the wisdom of obvious it’s actually very hard to do in the world where there is so many temptations and credit cards are so easy to get it.

Alik, You are correct;it is hard to control spending when we have so many options to get easy money.

[…] Smart Finance: 10 Simple tips to Super Charge Your Personal Finances – This article is collection of best financial wisdom from some of the blogs in Yakezie and […]

Awesome post and thanks for including my Guest Post on Retire by 40. I really enjoyed the chatter on that post.

I really enjoyed reading the post. Thank you for writing such an awesome article.