A site about financial minimalism

Minimal Finances

Various types of investments

Various types of investments

Interested in various types of investments? In this episode, Paula Pant and Joe Saul-Sehy discuss inflation-resistant assets such as gold and bonds, delve into private investments, and offer financial advice for new 1099 workers regarding taxes and liability protection.

#634: Wharton Professor Discusses the 7 Overlooked Types of Entrepreneurs | Featuring Lori Rosenkopf

#634: Wharton Professor Discusses the 7 Overlooked Types of Entrepreneurs | Featuring Lori Rosenkopf

Imagine this: at 26 years old, newly graduated from Wharton, you choose to launch a business with two friends. Over the years, you establish a digital marketing agency that ends up collaborating with Dollar Shave Club and Madison Reed. You finance everything yourself, avoiding any venture capital investment.

#633: Questions and Answers: Recognizing Investment Scams Before It's Too Late

#633: Questions and Answers: Recognizing Investment Scams Before It's Too Late

Paul is concerned that the private equity investment he is about to undertake may be fraudulent. What steps can he take to conduct his due diligence and ensure his safety when there is a lack of trustworthy information?

#632: Achieving Your Desires at Work, Featuring Behavioral Expert Prof. Melody Wilding

#632: Achieving Your Desires at Work, Featuring Behavioral Expert Prof. Melody Wilding

#632: A person should engage in 10 conversations at work to improve job performance, enhance workplace relationships, and increase earnings.

#631: Preguntas y Respuestas: ¿Es el portafolio de ChatGPT mejor que el VTSAX?

#631: Preguntas y Respuestas: ¿Es el portafolio de ChatGPT mejor que el VTSAX?

Jason's evaluation of his retirement strategy indicates that the straightforward approach surpasses the efficient frontier. Is he correct, or is there something he might be overlooking?

BONUS First Monday: What Led to the BLS's Inaccurate Jobs Report?

BONUS First Monday: What Led to the BLS's Inaccurate Jobs Report?

The Bureau of Labor Statistics releases significant job revisions on Friday mornings. These revisions eliminate nearly 90% of the previously reported increases for May and June. This brings up essential questions regarding the methodology behind our most relied-upon economic data.

#630: First Friday: Our Mistake on 258,000 Jobs (This Alters Everything)

#630: First Friday: Our Mistake on 258,000 Jobs (This Alters Everything)

Notable insights regarding the present housing market, meme stocks once more, GDP, the Fed Meeting, the Stock Market, and updates from the latest Jobs Report.

#629: Nick Maggiulli: The Wealth Ladder Consists of Six Levels (and Most Individuals Fail to Ascend Beyond Four)

#629: Nick Maggiulli: The Wealth Ladder Consists of Six Levels (and Most Individuals Fail to Ascend Beyond Four)

The reality of personal finance guidance is that strategies effective for managing $10,000 may not be suitable for handling $1 million.

#628: The Financial Challenges Faced by Kind Individuals, featuring Dr. Sandra Matz, Professor at Columbia Business School

#628: The Financial Challenges Faced by Kind Individuals, featuring Dr. Sandra Matz, Professor at Columbia Business School

You adhere to all the correct personal finance recommendations. You're aware that you should increase your savings, invest consistently, and create an emergency fund.

#627: Q&A: When Having Good Financial Skills … Isn't Sufficient

#627: Q&A: When Having Good Financial Skills … Isn't Sufficient

Jlyn and her husband are two decades away from retirement, yet they're considering buying a second home for their future use. Should they proceed with the purchase now, or continue to save?

#626: The Unseen Psychology of Unfulfilled Dreams, featuring Dr. Zorana Ivcevic Pringle from Yale University.

#626: The Unseen Psychology of Unfulfilled Dreams, featuring Dr. Zorana Ivcevic Pringle from Yale University.

A software programmer and an accountant enter the realm of retirement planning. Are they exhibiting creativity? According to Dr. Zorana Ivcevic Pringle, a senior research scientist at Yale University’s Center for Emotional Intelligence, the answer is undoubtedly yes.

#625: JL Collins Parte 2: ¿Qué sucede cuando ya no necesitas trabajar?

What should you do when you achieve financial independence? According to JL Collins, it all hinges on your spending habits rather than solely on your net worth.

#624: JL Collins Parte 1: El Camino Sencillo frente al Camino "Óptimo"

#624: JL Collins Parte 1: El Camino Sencillo frente al Camino "Óptimo"

JL Collins is unfamiliar with the concept of the efficient frontier. The author of "The Simple Path to Wealth" — known for VTSAX and a laid-back investment approach — openly acknowledges this when we pose advanced investing ideas to him.

#623: Q&A: “Assistance! My Mother's Financial Trouble Is Affecting Me!”

#623: Q&A: “Assistance! My Mother's Financial Trouble Is Affecting Me!”

An anonymous caller finds herself in a difficult position with her financially irresponsible mother. Although she has the ability to help her out, it doesn’t sit well with her. What should she consider doing?

Financial Minimalism: Achieve Freedom by Cutting Out Unnecessary Expenses

Welcome to our platform dedicated to financial minimalism—a philosophy and set of practices designed to simplify your financial life and help you make more conscious decisions about your money. We focus on reducing wasteful spending, identifying your most important financial priorities, and building a stable foundation for long-term security.

Here, you’ll find step-by-step guides and practical tips to develop healthy financial habits, from budgeting basics to smart investing strategies. Our goal is to show you that financial minimalism doesn’t mean sacrificing comfort; instead, it allows you to redirect your funds toward what truly matters—travel, personal growth, or those special purchases that bring real value and enjoyment.

We feature real-life success stories from individuals who have embraced financial minimalism and experienced positive changes in their lives. You’ll also learn about the psychological aspects of saving and spending, empowering you to make well-informed decisions and maintain control over your finances. Join our community of like-minded individuals and take the first step toward greater financial freedom, less debt-related stress, and a more intentional approach to money management!