Sunday is for Sharing is a weekly roundup of my favorite articles, videos, and podcasts I read, viewed, and listened to over the past week.
This week features an interview with investor Ray Dalio, an article on how one couple is using house sitting to save for their own house down-payment, and much more. Enjoy!
My Favorite Video
https://www.youtube.com/watch?v=kNYoivfs-ZM
A peek inside an average bike messenger route in the heart of New York City.
My Favorite Articles
We couldn’t afford to save a house deposit whilst we were renting. So we stopped renting.
“House sitting is something you read about all the time…but I don’t know many people who do it full time like we do. It’s allowing us to save a house deposit in approximately a third of the time it would take us otherwise.”
How a Goal-Oriented Saver in Lansing Does Money
via The Billfold
“I’ve spent a lot of money on things you’re “supposed” to spend money on (including that first home purchase) and lived to regret it. You do you and don’t let anyone tell you differently!”
The superpower of financial awareness
via Money Magnet
“The mass of people in the developed world hemorrhage money every month on cars, house payments, alcohol, cable television and eating out—and they do it without thinking.”
Invest In Your Bills Until They Pay You
“Let’s say your Verizon bill is $100 a month. You would continue buying shares of Verizon until their dividends equaled out to $100 a month on average. At that point, your bills are essentially free.”
Make Your Point and Get out of the Way
“No one likes their time wasted. It’s a universal annoyance. So some advice applicable to everything you do: Make your point and get out of the way.”
My Favorite Podcast
Ray Dalio, The Steve Jobs of Investing
A conversation with Ray Dalio, one of the most successful investors of all time. Ray discusses in depth his philosophy of “pain plus reflection equals progress”.
That’s all for this week, thanks for reading 🙂
-Zach
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Zach is the author behind Four Pillar Freedom, a blog that teaches you how to build wealth and gain freedom in life.
He quit his day job as a data scientist in 2019 because he was able to earn enough income from profitable websites to replace his salary. He now teaches people how to start and grow their own profitable websites from scratch in the Income Community.
Zach's favorite free financial tool he's been using since 2015 to manage his net worth is Personal Capital. Each month he uses their free Investment Checkup tool and Retirement Planner to track his investments and ensure that he's on the fast track to financial freedom.
His favorite investment platform is M1 Finance, a site that allows him to build a custom portfolio of stocks for free, has no trading or maintenance fees, and even allows him to set up automated target-allocated investments.
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