Feel Free Read Winning With Money (The Logical Finance Guide) PDF
How to win with money. We all have a total number of dollars that will come into our possession during our lives. The goal of this book is to help you see how spending intentionally can increase the value you get from those dollars. Many people spend recklessly without much thought. Advertisers show us a shiny new object and we buy it without consideration. The problem is we just spent money on something that didn't provide much value, it just felt good in the moment.This book is an aggregation of Dustin's thoughts on personal finance. We often think about personal finance as deprivation. You feel guilty for buying the Starbucks latte. The correct answer seems to be always save and invest, never enjoy your money. What kind of life is that? What if you enjoy the latte? Should you never have one so that you can buy something in the future you don't care as much about?There are two main themes to this book:First, we start from the premise that we are all naturally bad at money. We have inherent biases that make us spend money in ways that do not provide the most value. Most of us are also lazy and short sighted. This is why it is imperative for us to have systems in place that make us spend how we want. If we are repeatedly making the same decisions, it's a matter of time before we slip up and choose a short term benefit over a long term gain. The goal is to maximize the value we get from our money.Second, is to be intentional about spending. This is how we maximize value. Maybe it is better to choose the Starbucks coffee every day over the vacation next year. It's your money, your life. Do with it as you please. What we don't want is to prefer the vacation next year but still buy the coffee every day. Because resources are limited there have to be trade offs. How do we make sure we're spending intentionally? By creating systems on the front end so our natural biases don't trip us up in the moment.This book is casual and consolidated. There may be a few typos as it did not pass by a professional editor. It's is also intended to be conversational and easy to digest. The goal was to put the maximum amount of value on the fewest number of pages. Dustin has been an advocate for personal finance for well over a decade. He worked in financial services for around 11 years. Dustin currently runs the social media accounts Logical Finance where he shares information about personal finance, investing, and economics. This book is to provide a consolidated source for his thoughts on personal finance. The viewpoints come from professional and personal experience, as well as countless hours of research.
