Darya Sinusoid, Author at Shortform Books

“F-You Money”: The Key to Financial Security

Are you tired of being a victim of your financial circumstances? Have you considered saving for your “F-You Money”? If your financial circumstances are still dictating your life, it’s time to start saving your “F-You Money.” The term “F-You Money” comes from James Clavell’s 1981 novel Noble House. Later, financial blogger J. L. Collins used the concept in his book The Simple Path to Wealth where he outlines a simple prescription that helped him and his family retire early and live off their investments. Here is why you should start saving for your F-You Money, and the sooner you do

I Will Teach You to Be Rich: Quotes by Ramit Sethi

Are you looking for Ramit Sethi quotes from I Will Teach You to Be Rich? What are some of the most noteworthy passages worth revisiting? Ramit Sethi is a self-taught expert in personal finance whose goal is to help you cut through the noise of conflicting and overly technical financial advice, get past your own hang-ups around money, and take small steps toward a “rich life”—whatever that looks like for you. To this end, he wrote I Will Teach You to Be Rich—to demystify personal finance management by teaching actionable strategies to those who are just starting their financial journeys. Below

The 6 Kinds of Customers and How to Sell to Them

What are the six kinds of customers? What are their key characteristics? According to Brian Tracy, the author of The Psychology of Selling, there are six types of customers every salesperson should know about: 1) the reluctant customer, 2) the certain customer, 3) the analytical customer, 4) the relationship customer, 5) the directive customer, and 6) the social customer. To consistently close sales, you have to know how to tailor your sales pitch to each of these six types. In this article, we’ll take a look at the characteristics of each of the six types of customer and how can

How to Get Rid of Debt: Scale Back Your Lifestyle

Are you struggling to dig your way out of debt? What’s stopping you from clearing it? Paying off your debts is simple in concept but difficult in practice. In his book The Simple Path to Wealth, blogger and financial expert J. L. Collins gives simple yet sensible advice on how to get rid of debt: scale back your lifestyle and spending to free up money and discipline yourself to stay the course for months or years until the debt is gone. Keep reading to learn how to pay off your debts in four simple (but not easy) steps, according to

Investing Basics: Understanding Asset Diversification

What is asset diversification? What is the purpose of diversifying your investment portfolio? Asset diversification refers to the diversity of your investments within each asset class in invest in (e.g. stocks, bonds, etc). Diversification protects your investments in case one type of stock or bond doesn’t perform well in a given time period. So, for example, if you’re in your twenties and have 90% of your money invested in stocks and the other 10% invested in bonds, you have a solid asset allocation—but if all that money is invested in just large-cap stocks and government bonds, your portfolio isn’t diversified.

6 Tips for Influencing Customer Perceptions

What role does first impression play in sales success? What is the key to imparting a good first impression when dealing with customers? You can greatly increase the likelihood of a sale if you make a good first impression. To this end, appeal to your customer’s subconscious mind with cues that lead her to think you’re professional, in control, and an expert in your field. You can do this by harnessing the power of suggestion, which plants ideas and beliefs in a person’s subconscious mind with subtle social cues. In this article, we’ll look at some tips on how to

Basic Knowledge of Stock the Market: 5 Truths to Know

What exactly is the stock market? What are some things you should know about before buying your first stock? The stock market is made up of all publicly traded companies that issue stock—when you buy stock in a company, you own a piece of that business. To invest successfully, you must have some basic knowledge of the stock market. In his book The Simple Path to Wealth, blogger and financial expert J. L. Collins lays out the following truths about the stock market that every beginner stock investor must accept and understand.

10 Confidence-Building Techniques That Work

Is confidence encoded in our biology? Or is it a matter of environment and upbringing? Can self-confidence be built, and if so, to what extent? Both biological and environmental factors contribute to confidence, but confidence isn’t a fixed trait—you have to build it. Psychologists believe that 50% of developing confidence might come from choice and will. To this end, Katty Kay and Claire Shipman, the authors of The Confidence Code, devised the following confidence-building techniques.

Level Up Your Sales Game: 3 Sales Tips for Success

Do you work in face-to-face sales? What is the key to converting a curious prospect into a satisfied customer? Once a sales prospect has shown an interest in your product, you’ll need to engage them in a conversation that allows them to open up and tell you what exactly they are looking for. To maximize your chances of closing, follow these three sales tips for success: 1) position yourself as trustworthy, 2) ask questions, and 3) emphasize your product/service’s key benefits. We’ll discuss each of these concepts below.

How to Retire as a Millionaire: Adopt a Wealth Mentality

Are You a Prodigious Accumulator of Wealth?

How do rich people view money? What role does mindset play in wealth building? Most people think of money in terms of what it can buy. If you want to build wealth and achieve financial independence, you must adopt a wealth mentality and start thinking about money in terms of what it can earn. With this mindset, even lower-income earners can become wealthy by limiting their spending and investing whatever they don’t need for expenses. Here is why you should rethink your idea of money if your goal is to build wealth.