When I was in my late 20s, I had come into quite a lot of money through an inheritance left to me by my late father. While I won’t go into details of the exact sum, let’s just say that it would have set me up for life, had I used it responsibly. Of course, losing a loved one is never an easy thing, but squandering what they spent a lifetime saving for you is like taking a stake to the hear
My money mistake dates back to when I was just learning how to invest in the stock market. I learned a few things about option trading over the internet and I was intrigued. Buying options, while I was still an armature in the trading world, was one of my biggest money mistakes. I lost thousands of dollars before I realized I was still a rookie investor.
My name is Max and I run maxmymoney.org. I have coached over 250 Millennials to help take the stress out of money since 2017. After coaching, my clients live stress-free about money and have a simple plan they can follow to accomplish their goals. When I’m not coaching, you’ll find me reading financial books, indoor cycling or visiting local pawn shops looking for swiss-made watches.
It should go without saying, we wouldn’t want our home to be a point of stress for us, especially financially speaking. So when looking for a place to live, it’s crucial to find a place that fits our budget.
With that in mind, many people will ask, “How much rent can I afford”? There are several steadfast rules that you can apply when determining how much money you can spend on your rent, with some wiggle room if you spend less in other places, of course.
My passion for investing and personal finance started a few years after completing college and entering the corporate workforce. I realized that working a typical 9-to-5 job wasn’t what I wanted in life and I needed to shift my focus. I started Don’t Work Another Day with the goal of quitting my corporate job and living life on my own terms. I have made plenty of financial mistakes in my lifetime and have learned something from everyone.
Every now and again, I like to write about something other than personal finance. This normally brings me to one of my favorite hobbies, video games. My last two purchases were clunkers, so it took me a while to get another game.
I don’t normally like to get older games, but I had played the original Xenoblade and liked it enough where I figured I could try the sequel….and I’m glad I did.