Category: Diamonds
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Pay Your Future Self
If you’re young and just starting out with your first full-time job, now is the time to begin thinking of retirement. (Unfortunately, too many men start planning for retirement when it’s time to retire. By then, they have lost a LOT of money.) Many full-time jobs offer retirement benefits through a 401(k) or 403(b) plan. […]
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How to Transition from Hustler to Businessman
Over a year ago, I wrote about some of the benefits to having a side hustle. Making extra money outside of your primary job is attractive, and the side hustle builds your confidence, your feeling of autonomy, and your scrappy “fight or die” mentality. But how do you know when it’s time to stop being […]
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The 48-Minute Method
What is the most valuable resource? Ask different men, you’d probably get different answers spanning the spectrum from money, power, and land ownership to health, family, and love. I’ve even heard someone make a valid argument for water being the most valuable resource. No doubt about it…all those things are valuable in their own ways. […]
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The 50-30-20 Rule
When it comes to managing your money, regardless of how much you earn, there is nothing more important than the 50/30/20 rule. I wish I came across this in my younger years, but I didn’t see this until after I was married with two kids. The 50/30/20 rule all began with the amazing Elizabeth […]
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Live Within Your Means
At first glance, the phrase live within your means is obvious. But there’s a lot more stuffed into that small phrase than you may realize. Let’s look carefully at those four little words. LIVE. First and foremost, we want to remember to not just survive, but to truly live. The point in acquiring […]
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The Financial Menage a Trois
(The following is an excerpt from the book Joker to King.) Back when I taught middle school and high school, I would sometimes (not often, but every once in a while) answer students’ questions about sex and relationships. I would tell students that if they can’t talk about sex, then they’re not ready for sex. […]
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Saving vs. Investing
Saving and investing always sound like things you know you’re supposed to do, but you’re not really sure why, and you really don’t know how. So today I’m going to help you with the why and also help you understand the basics of investing. No need to thank me. Let’s get started. Why You Need to […]
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The Financial Parachute
The cover story of the May 2016 issue of The Atlantic reported on a survey conducted by the Federal Reserve Board. Although most of the survey questions resulted in common responses that were expected, there was one question that stood out. The survey asked participants how they would pay for a $400 emergency. About 47% […]
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The Non-Financial Benefits to a Side Hustle
Of course, the main reason men have a side hustle is because they’re looking to make some extra money. Period. The main hustle (i.e. regular job) is paying for bills and other monthly expenses. Side hustles provide extra income that can finance supplemental things such as vacations, electronic gadgets, luxury items, or to get out of […]
Joker to King 