3 min read

Financial FOMO: Stop Comparing Your Wallet to Their Yacht

Financial FOMO: Stop Comparing Your Wallet to Their Yacht

Ever feel like the financial world is moving at lightning speed and you’re stuck trying to catch up?

Whether you're fighting off FOMO, wondering if credit cards are your friend or foe, or debating whether flipping houses is worth the risk—there’s always something new to consider.

I’ve learned the hard way that understanding the fundamentals is key to making smarter financial decisions.

Time to transform your approach to money.

IN THE SPOTLIGHT

Financial FOMO: Stop Comparing Your Wallet to Their Yacht
🔸 Chasing trends based on fear of missing out can lead to poor financial decisions. Stay focused on your own strategy, avoid the hype, and invest with discipline to build wealth long-term.

Credit Cards: Friend, Foe, or Just Really Good at Hiding Your Money?
💳 Credit cards can be helpful for building credit and earning rewards, but if misused, they can lead to debt spirals. Understand the risks and use them wisely to avoid financial trouble.

Compounding: Turning Pennies Into Big Money
💰 Start investing early and let the power of compounding turn small contributions into significant returns over time. Patience is key!

Affiliate Marketing 101: Get Paid Without Lifting A Finger
📈 Affiliate marketing is a great way to earn passive income, but success requires patience and consistent effort. Learn the basics and start building your income stream with valuable content.

Flipping Houses for Profit: Profit Or Pitfall?
🏠 House flipping can be profitable, but it comes with risks like unexpected repairs and market changes. Know the pros and cons before jumping into this competitive space.

RICH READS | REEL WEALTH

🎬 WALL STREET: MONEY NEVER SLEEPS
The sequel that proves greed still isn’t going out of style.

📉 The Big Idea: Gordon Gekko is back—older, wiser, and fresh out of prison—trying to warn the world about an impending financial meltdown (while also scheming his way back to the top). Meanwhile, a young trader, played by Shia LaBeouf, learns the hard way that trusting billionaires is like trusting a cat with your goldfish.

📊 Why It Matters: The 2008 financial crisis was real, and this movie reminds us how Wall Street’s high-stakes games can wreck economies. Plus, it’s a crash course in power plays, backstabbing, and why you should always read the fine print.

🔍 Action Step: If an investment sounds too good to be true, it probably is. Also, if someone hands you a golden handshake, check if it’s poisoned.

🛁 Hot Take: Not as iconic as the original, but hey, Michael Douglas still delivers legendary lines, and it’s a good reminder that “money never sleeps”—but it sure does disappear fast when the market crashes.

WEALTH WHIZ : DID YOU KNOW?

Apple is worth more than most countries' economies.

A successful company can achieve monumental value, sometimes surpassing national economies.

Forget becoming president; aim to be a tech CEO and you might just own a "country" worth of wealth.

WEALTH POTPOURRI WILD CARD

From Jitters to Jingles: My Crypto Story

Extra pocket money for the month — $117.20 from shorting ETH!

Today’s the expiry date for the options contracts, and they closed out at 100%.

Time to dance!

I started my crypto investing journey with a community sometime last year.

Felt jittery at first, but with time (and a few bumps), I got the hang of it.

I didn’t even know Deribit existed back then — it’s a platform where you can trade crypto options.

If you’re new to this, shorting Ethereum basically means betting that its price will go down.

ETH stands for Ethereum.

The date beside it is the expiry date — the deadline for the trade to settle.

The number you see is the strike price (the price I agree to buy ETH at),

'P' stands for a put option.

If you're curious, go ahead and explore like your fellow wealth explorer did!

TAKE THIS WITH YOU

Whether you're resisting the FOMO trap, learning to balance your credit cards like a pro or starting to flip houses, remember: compounding is your best friend, and affiliate marketing is your low-key side hustle superhero.

Just like any journey to wealth, it’s about taking small steps, avoiding the tempting shortcuts, and making those choices count.

And most importantly—don’t forget to laugh at the process.

After all, the road to financial freedom doesn't need to be all doom and gloom.

Sometimes, it's just about finding the next big win... with a smile on your face!