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How to Save, Invest, and Grow Your Money as a Young Millennial

You asked. I delivered.

Many of my young email subscribers have asked about how they can learn more about how to save and invest money. Well, it just so happens that I’ve been an undercover fanboy of personal finance. In fact, it’s one of the ways I got into my love of Warren Buffett and self development.

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debunking myths about meditation

12 Myths Debunked About Meditation from New Neuroscience Research

In the online self help and entrepreneurship communities, meditation and mindfulness have started to be worshiped as magic pills for success with wealth, happiness, focus, health, and more.

One of the drivers of this idea are podcast interview shows, like The Tim Ferriss Show and Eventual Millionaire. These shows interview tons of successful people and claim most interviewees practice some form of meditation practice.

But is it true? Can it solve every problem under the sun, from anxiety to procrastination? Or it is confirmation and fallacy of correlation proving causation? Maybe only 5% of them actually meditate, but they over-inflated how frequently it showed up based on their estimates.

One of the most respected scientists of our time, Daniel Goleman, author of books like Emotional Intelligence, stepped up to find out the truth by writing a whole book proving and debunking meditation myths based on hard, empirical research. The book is called Altered Traits. Here’s what he found.

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Why You Should Read Fiction (3 Surprising Benefits)

When I was a kid, I only read fiction. Harry Potter. The Bartimaeus Sequence. The Inheritance Series. I thought non-fiction was boring and useless. I remember complaining to a classmate at my school library about why there was such a large non-fiction section. What kind of person reads a 500 page book on history for fun?

A few years later, I was introduced to the idea that non-fiction held the secrets to succeeding in every area of life. Will Smith said in an interview that for every problem that needs to be solved, someone has already written a book on it. Warren Buffett introduced to me the idea that not all non-fiction books were as boring as they made it in the classroom.

(Maybe Will is being a little enthusiastic with his statement but that got me interested.)

But after reading hundreds of “How To” books on improving every topic under the sun (nutrition, longevity, wealth, focus, social skills, and so on), I got slightly burnt out on non-fiction. I heard Charlie Hoehn and Nils Parker of the Mating Grounds podcast talk about how reading fiction helps you connect the dots of non-fiction, give your brain a break, and spur creativity.

I was interested to get back into fiction given that I realized I hadn’t read a fiction book in years and it seemed like a great way to escape having to think about logical concepts all the time. Here’s why you should read fiction.

1. You Live A Thousand Lives of Adventure (And You Start to Remember…)

People say this about non-fiction because you gain a lot of wisdom and perspective from real people’s biographies, especially if they lived much different lives than you. But it’s also true for fiction. The difference is that for fiction, these people don’t actually exist and their lives are even crazier and more fantastical.

Humans are wired to marvel at great storytelling and it is at its finest and most unleashed in the realm of fiction.

You are transported to universes and situations with creatures and personalities you would have never dreamed of. With a great book, you can’t help but feel amazed at how incredible a character is. Remember the first time you experienced Captain Jack Sparrow’s personality? Well, there are even more awesome personalities in books, like Bartimaeus, for instance.

Fiction lets you turn your brain off, relax, and get entertained.

You get your pick of a culmination of thousands of years of trial and error to create the most epic story imaginable.

When I first started reading fiction again, I started getting flashbacks to all the jaw-dropping stories I read as a child that I forgot about. Those were good times.

2. You Give Your Brain A Well-Deserved Break (And Something Magic Happens…)

A recipe for burn out is to stuff every second of your day with something for your brain to think about, especially if it becomes a chore rather than something fun.

That’s exactly what I’ve done in the past because I thought it was “productive.”

Unfortunately, I’ve found myself feeling resentment, jealousy, and frustration when I overhear peers talking about spending their time watching Netflix, reading a good book, or just relaxing.

Fiction gives you the luxury you need. It helps you unplug. It lets your brain completely unwind. It eases you into a good sleep. And the most beautiful part?

It’s in this eased state that our subconscious takes over and solves the problems that we couldn’t solve with our full focus and all the non-fiction reading in the world. There’s a reason why our best ideas happen in the shower.

3. Your Emotional and Social Intelligence Increase

Plenty of books and articles have been written about how IQ is overrated and how emotional and social intelligence are key to wealth and high status in real life.

What’s shocking is that five scientific studies published in Science found that children who read literary fiction had greater levels of ability to infer and understand people’s emotions and thoughts. 

It’s important to note that it was also found that it had to be literary fiction. Popular fiction had no effect. This may be because literary fiction is more realistic and has more mysterious characters that force you to come up with their motives.

If you’re struggling with your communication skills in your career or dating life, literary fiction may be a great stepping stone. The right book will improve your empathy and understanding of others — it will teach you see another’s values and drives, even if you don’t agree with them.

4. It Makes You A Better Reader, Writer, and Person

We’ve all heard people say that watching TV or being on social media too long rots the brain. Maybe it’s because you are sitting there and letting a screen bombard you with addictive, mind-numbing noises, pictures, and advertisements.

Music, on the other hand, doesn’t quite hit the mark either. It can lift your mood and spirits. But it usually doesn’t leave you that much better off, unless you’re a professional musician.

Educational podcasts may be the next best thing to reading since they fill in so much wasted time in a day and leave you smarter.

But reading can make you a better and faster reader and writer. Even if you don’t think you’re a writer, chances are that you type and write more than you realize on a daily basis. We’re all writers and the different ways we choose to present our words can make a huge difference to our lives over time.

This happens more often when you pick up an actual book (or Kindle or iPad) and actually read the text. Audio books are great and I prefer them, but reading actual words on paper (or a screen) will really help you see how sentences are put together and how effective language is delivered.

Put simply: Reading fiction is a great way to come out a better person in the most unexpected of ways. Just the fact you know certain references to popular fiction books will make you a better conversationalist, connect with more people, and a wiser person.

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No More Mr. Nice Guy by Dr. Robert Glover Book Summary & Review

No More Mr. Nice Guy by Dr. Robert Glover Book Summary & Review (Plus an Exclusive Interview)

“There are no perfect relationships. There are no perfect partners. Relationships by their very nature are chaotic, eventful, and challenging.”
― Robert A. Glover, No More Mr. Nice Guy

One of the books that has had the most profound impact on my life is Dr. Robert Glover’s No More Mr. Nice Guy.

The book uncovers:

  • the truth about the stereotypical Nice Guy
  • why modern society has created so many of them
  • why they fail to get the relationships and career success they crave
  • how to take back your life in an honest, non-manipulative way without becoming a jerk

It also goes into detailed stories of many of his Nice Guy clients and specific steps on how to break free from this behavior.

Dr. Glover understands Nice Guys deeply, having coached thousands of them as a licensed psychotherapist. He adeptly addresses specific common questions like, “Why is it a bad thing to be nice?” and “How do I talk to a girl without making it seem like I’m hitting on her?”

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How To American: An Immigrant’s Guide to Disappointing Your Parents by Jimmy Yang Book Summary & Review

So I read How To American – An Immigrant’s Guide to Disappointing Your Parents by Jimmy O. Yang. Well, I read a good portion of it.

That’s right, I didn’t read every word of the book, but you can still learn a lot without reading an entire book.

If you’re not familiar, Jimmy is a 30-year old Hong-Kong American actor who plays Jian Yang on the hit TV show, Silicon Valley. He wrote a whole book on his life journey and Asian immigrant struggles. It’s a must-read for any Asian American because it hits on themes we struggle with unique to us.

It was fantastic and shocking at times. Here’s what I learned…

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Views – 198

think and grow rich napoleon hill

Why Reading 251 Books Didn’t Help Me Get Richer (Yet)

In the last couple years, I’ve read a ton of books. In fact, I stopped counting at 251 because I was going through them so fast. In addition to that, I’ve consumed hundreds of podcast interviews of millionaires and even more hours of video interview content. Yet I’m still not much richer.

How could all this priceless information from wealthy individuals do so little?

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Views – 264

Crush It By Gary Vaynerchuk Book Summary and Review

Crush It was Gary Vaynerchuk’s first book. Since its release, Gary has become a superstar on social media, impacting many successful artists and creators as an inspiration. He has been one of the best at leveraging every social media platform out there to spread his message, amassing hundreds of thousands of fans, and building an 8 to 9-figure digital agency.

I found out about Gary when he first transitioned from his family wine business, which he 10xed in sales, to becoming a social media expert and digital agency CEO.

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Views – 260

I meditated for a year. Here's what happened

I Experimented With Meditation For A Year and a Half. Here’s What Happened (Complete Guide)

A year ago, I started an experiment. After hearing all the hype from successful people about how meditation, I took it up for the first time in my life. And I documented my journey with data.

I used the app, Insight Timer, the best free meditation app out there. It logs all the free guided meditations I listen to on there and breaks down the stats. According to the app, I have meditated a total of 56 hours and 27 minutes for a daily average of 10 minutes.

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Ben Franklin's Autobiography: A Quick Book Summary & Review

Ben Franklin’s Autobiography: A Quick Book Summary & Review

Ben Franklin is one of the most influential people of American History. Hundreds of years after his death, he’s still seen as a role model by many, including the billionaire, Charlie Munger.

He was a successful inventor and businessman. He helped build the great American government and economy. His foresight into the power of compound interest helped turn his $2,000 donation to the country at his death into $6.5 million.

Ben’s philosophies in life are still influencing many people today. His concepts of pursuing health, wealth, and happiness even impacted Tim Ferriss to structure his best-selling book Tools of Titans around these concepts.

Here’s a busy man’s book summary of Ben’s autobiography, a book I’ve been wanting to read for year that I finally got to:

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How being open-minded literally changes the way you see the world

The Difference Between Open-Minded and Closed-Minded People

I used to be pretty close-minded when I was younger. I thought I was right when I wasn’t. I had a limited set of hobbies. I wasn’t interesting and interested in others so I came off boring and cold.

But I didn’t want a boring life without friends or women. So I started to change my perspective.

I’ll show you how to become more open minded.

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Views – 822

best books to read to get smarter

5 Best Books To Read To Get Smarter

Do you ever feel overwhelmed or confused which book to read?

With thousands of books, it’s frustrating to determine which books will actually make you smarter. You don’t want to waste your time. Yet you feel ambitious because you want to improve yourself. The sad truth is that most “Top 10 Books to Get Smarter” articles are written by content factories with authors who don’t actually read. They don’t like reading and they pull random books out of their butt to get traffic for their site.

From someone who has read hundreds of books, I want to provide you a solid list of actual books you can read to get smarter.

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Views – 1844

How to live a fulfilling life

This Is How To Find Meaning in Your Life (Backed by Research)

Despite being young, I’ve come across a decent amount of people my age who have been diagnosed with cancer.

It makes me wonder what I would do if I were to die in a month from now. It’s a powerful exercise that I suggest you do from time to time to make sure you’re not wasting your life. Cancer can happen to you and you don’t want to have a lot of regret from spending your life ineffectively.

I suggest having a month left to live because a day is too short and a year is too long. If you do the exercise centered around dying tomorrow, it’d be more for identifying regrets than identifying what you can do something about.

I want to start off the exercise to show you what I’d do if I were to die soon…

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9 Problems With How Asian Parents Raise Children

9 Mistakes With How Asian Parents Raise Children

I used to think my Chinese American parents were perfect growing up.

They had come to the United States as immigrants with only a couple hundred dollars and worked their way up to a middle-class income. Plus, Asian students as a whole had great reputation for being doing well in school and getting into prestigious universities. In my eyes, they were successful. So how could they be wrong with any of their advice?

But after contrasting how Asian immigrants parented with the hundreds of the world’s most successful people, I realized that they are doing fundamental things wrong.

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Views – 559

Scientific Speed Reading Tips People Would Kill For

Warren Buffett said he probably wasted at least 10 years reading slowly during a talk he had with Bill Gates. Bill said is he could have one superpower, it’d be to read faster. That’s the importance of learning to read faster.

I have tested out a lot of B.S. tactics that do not work and looked over the scientific research.

There’s some misinformation out there about speed reading. It’s not a flashy weird technique like spiral movement and it’s not simply skimming the book and cherry-picking the chapters or paragraphs that are most useful (that’s just reading smarter and usually applies to just non-fiction books).

People can be mistaught about the concept and come out thinking that it’s about reading 1 million words per minute or it’s some form of cherry-picking. I am not sure if these people are actually really reading or retaining any of the information they get.

I’ve gone through a ton of speed reading courses, videos, lectures, and books. There’s actually some good principles that actually work. Real speed reading is legit because what it does is it eliminates inefficiencies that you naturally pick up: subvocalization in your mind or voice and inefficiencies in eye movement.

As far as the extreme stuff about claims of increasing your speed by 10,000% and reading at 100,000 words a minute, that stuff raises my eyebrows. However, I wanted to share with you some timeless principles that will definitely double or triple your reading speed.

Class is in session…

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