50/20/30

Is $100 a Big Deal?

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Tim Ferriss. He’s out of touch. If you somehow missed it, there was this one time when he spitballed the fact that people have $5000 in disposable income to spend each month on his podcast. No, dude, they don’t. But he’s not the only person who might be out of touch with money. Last week, … [Read more…]

The $5000 Tim Ferriss Math Problem

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Disposable income. The amount of money someone could spend on voluntary or non-essential costs. You know, the money that’s leftover after you’ve paid taxes, paid your bills, and paid yourself. In our house, we think of it as fun money. My grandma loved to call it her mad money. Whatever it’s called, it’s money that … [Read more…]