The Fear Index (otherwise known as the VIX) was devised to measure volatility in the stock market. People have been placing bets against the VIX due to recent market stability, but many of these bets imploded with recent market downturns. What can this behavior teach us about living a rich life?
It’s not at all impossible to keep cost of living reasonable when living in an expensive city. I moved to DC in 2014, and was able to drastically slash expenses. But I didn’t stop enjoying life. In fact, I enjoy it even more. Here are my tips on how to live well in an expensive city.
Quitting my job (without another one lined up) was one of the toughest decisions of my life. It’s also been one of the most rewarding things I have ever done. When you challenge yourself to explore the hard questions, you gain a ton of insight into yourself and find answers you may have otherwise never knew existed.
Your pay stub can be confusing, but it provides many valuable nuggets of information. Understanding your income and tax situation enables you to make well-informed decisions about your life, and to ensure you are optimizing your current income to meet your financial goals.
Two accomplishments I am most proud of to this point in my life are losing weight and building a solid financial foundation. As I was reflecting more on this, I realized that there are many similarities in the habits and traits needed to be successful in both of these areas. The lessons learned and strengths built when losing weight can be directly applied to getting your financial ducks in a row.