The MOAM Weekly Review

Top posts from this week to help you make better money decisions

Hi, My name is Ben Le Fort, creator and editor of Making of a Millionaire, a publication dedicated to helping you use money to live your best life.

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Quote Of The Week

"The stock market is a device for transferring money from the impatient to the patient."

- Warren Buffett

The 3 Money Articles Of The Week

Average People Have the Quiet Advantage to Be Rich

Written by Eve Arnold

“Well, if Eve can get a graduate job, anyone can.”

Lol. Burn.

But she was right you know. And I want to tell you how an average person like me can make their dreams come true.

A Dead Simple Way to save Money That Most People Ignore

Written by Ben LeFort (Me)

One reason people struggle to save is present bias, which is the tendency to choose immediate rewards and avoid immediate costs even if you know those decisions are not in your best interest in the long run.

In this article, I review research that provides another explanation of why people struggle to balance their current and future financial goals: our inability to maintain focus on long-term plans.

Read The Article

Losing $8,427 on Stocks Taught Me That Testosterone Is My Biggest Enemy in Investing

Written by Denis Gorbunov

I act stupid when testosterone clouds my mind. Ladies have nothing to do with this.

Too much of the male hormone leads to bravado. The bravado translates into poorly calculated risks.

I’m speaking of experience because testosterone made me lose $8,427 before I learned to deal with it.

Read The Article

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A Final Thought From Me

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Cheers,

Ben

Founder of Making of a Millionaire

Author of The Financial Freedom Equation & The Rational Investor

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Ben Le Fort

Helping You Make Better Financial Decisions

I write evidence-based personal finance and investing articles to help you get smart with money. Subscribe to receive a weekly round-up of research and resources to help you use money to live your best life. Want to get in touch? Send me an email to info@benlefort.com

The Psychology Of Poverty

The MOAM Weekly Review Top posts from this week to help you make better money decisions Hi, My name is Ben Le Fort, creator and editor of Making of a Millionaire, a publication dedicated to helping you use money to live your best life. Welcome to the Making of a Millionaire weekly review. Think of this email as your personal finance appetizer. If you want the whole meal, you can unlock my entire archive of articles, books, and tools to help you use money to live your best life by subscribing...

7 months ago • 2 min read

The Dead-simple Way to Save 30% on Your Grocery Bill

The MOAM Weekly Review Helping you make better money decisions Hi, My name is Ben Le Fort, creator and editor of Making of a Millionaire, a publication dedicated to helping you use money to live your best life. Welcome to the Making of a Millionaire weekly review. Think of this email as your personal finance appetizer. If you want the whole meal, you can unlock my entire archive of articles, books, and tools to help you use money to live your best life by subscribing to the MOAM Substack...

7 months ago • 1 min read

The Most Important Money Decisions You'll Need to Make at Every Stage of Life

7 months ago • 1 min read