I called an old friend last Sunday evening just to catch up, and in the course of our conversation, I asked him about his investments. I was shocked by what he told me; despite being a sensible person with a good income, he hadn’t started investing yet. He said he was still researching the matter and hadn’t yet found the “perfect” investment plan to put his money into. And I want to tell you that he has been saying this for the past three years. He suffered significant business losses during the COVID period; subsequently, he started a new venture and has now settled down. Over the last three years, he has read countless articles on investing, watched YouTube videos, saved Reddit posts, compared investment options, and agonised over every decision—yet he still hasn’t concluded. Even today, he is waiting for that “ perfect” investment plan—one that truly excites him. In this pursuit of perfection, he hasn’t even started investing—not even with a single dollar. I often meet people who...
A few years ago, I sat down and did something I had been putting off for a long time. I reviewed every transaction from my bank account over the past three months—not to create a budget or cut back on spending, but simply to take a look. And what I found truly surprised me. I used to consider myself someone who valued experiences over material things—like travelling, enjoying good food, and spending time with loved ones. I told myself that my money went towards these things, and that was how I viewed myself. But the reality was quite different. I had subscriptions I hadn’t opened in months. There were clothes I had bought impulsively and worn only once. I didn’t order food to enjoy it; I ordered it because I was too exhausted to even think. I didn’t spend money on the things I truly cared about—instead, I spent it on things that helped me avoid facing my emotions. That afternoon, while looking at my bank statement, I realised something about money that no one had ever told me bef...