Personal blog. I write about what I learn as I am learning it

Easterlin Paradox and Early Retirement

Throughout this post, I discuss the relationship between two concepts from the field of Economics(?): the Easterlin paradox and early retirement.

Early retirement is a controversial issue in economics and personal finance. I have written about it in an earlier post. Many Americans consider early retirement more than just a chance to have the most relaxing time of their lives. They can either succeed or drown at a crucial point in their lives from this point.

Easterlin paradox, on the other hand (or coincidently?), explores the relationship between income and happiness, or lack thereof.

College Basketball Rankings using Neural Networks

Now, in addition to the College Football Rankings that I publish here and I introduced and explained in an earlier post, I moved from a site I dropped (Sportheory.com) into this site a ranking of College Basketball teams calculated with a neural network.

College Basketball Rankings Neural Networks — A beautiful network

Sell tradelines to earn money: what it actually looks like

I found out you could sell tradelines to earn money the same way most people do — by accident. I was digging around the Mr. Money Mustache forum, looking for something more useful to do with my credit cards, and someone mentioned authorized user tradelines. (I remember thinking it sounded almost too passive to be real. I still think that sometimes.)

Continue reading “Sell tradelines to earn money: what it actually looks like”

What is a tradeline? Answered by someone who sells them

If you’ve been researching how to build or rebuild credit, you’ve probably run into the word tradeline. What is a tradeline, exactly, and why does anyone buy one? I sold them, so let me give you the straight answer — without the hype that usually surrounds this corner of the credit world.

Continue reading “What is a tradeline? Answered by someone who sells them”

The seven mastery levels of credit card usage

There are many ways to use a credit card, probably as many ways as there are people using credit cards. And, just as there are no two people created equal, there are no two equal ways to use a card. We can’t really talk about each of those in detail so I just created this super-clever 7-level classification in the progressive mastery of credit card usage.

I ordered the seven levels by their increasing level of mastery, but not in the order people would go through them. Obviously, everyone will start at the “average” level (the third level in my arbitrary system). In a way, everyone has a shot at using credit cards in a clever way. From there, one would either go down to one of the first two levels (the “bad” ones) or up to one of the top four levels (the “good” ones).

So here are the seven levels: