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My Father's Advice

MY FATHER'S ADVICE... 1. Not everything will go as you expect in your life. This is why you need to drop expectations and go with the flow. 2.Reduce bitterness from your life, that shit delays blessings! 3. Dating a supportive woman is everything. 4. If you want to be successful, you must respect one rule - Never lie to yourself. 5. If your parents always count on you, don't play the same game with those who count on their parents. 6. Chase goals, not people. 7. Your 20's are your selfish years, build yourself, choose yourself first at all cost. 8. Detachment is power. Release anything that doesn't bring you peace. 9. Only speak when your words are more beautiful than your silence. 10. Invest in your looks. Do it for no one else but yourself. When you look good, you feel good. Normalize dressing well, you're broke not mad. 11. Some people want to see everything go wrong for you because nothing is going right for them. 12. Being a good person doesn't get you lov...
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Personomics-Managing your Lifestyle inflation-The Panagora blog

Most people simply assume that their fixed costs are, well, fixed.And they can be if you’re not careful, which is why it’s critical not to leap into the most-expensive mortgage you can possibly afford (goodbye, wiggle room), or overspend on big purchases like cars or any other assets which are unplanned.

Make sure that you don’t max yourself out every chance you get, or you will eat away at that gap between income and expense and leave yourself feeling stretched, depleted, or downright broke.

If you want to further manage lifestyle inflation in your own life, you can follow other tips like these:

Review your spending and transactions occasionally: Look for things you no longer use or get value from, and cut those, then add the amount they cost you to your savings instead.

Question your perception of wants versus needs. You might not need to change anything but you should at least check in every once in a while. If you feel like everything you buy is a “need,” I suggest thinking back 10 or so years ago when you likely lived without a number of the luxuries you enjoy today.

Again, you don’t have to cut back on everything and live as frugally as possible but at least consider what you freely spend on right now that you could roll back or at least make into a treat for yourself rather than a normal, everyday thing.

Be most aware when choosing your biggest expenses that will be fixed at least for a period of time even if you rent, you lock in that expense for 12 months, example cars or mortgage.

These will have the biggest impact on your ability to manage lifestyle inflation or creep in your own life. If you can adjust these, or keep them in check so they never exponentially rise even as your income goes up, you’ll find you have much more flexibility on the day-to-day spending and your ability to save and invest for the future thus leading to a life of perfect personomics or torpedoing your personal inflation.

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