Clements recently wrote his last column “How to Live a Happier Financial Life” for the Wall Street Journal Sunday (which is ending publication), but he’ll still be writing for the main Wall Street Journal (on Saturdays). I’ll just paraphrase the bullet points below; read the full article for the details.
- The biggest waste of time is commuting.
- The best investment attribute to have is humility.
- The biggest key to financial success is cheap housing.
- The best way to spend money is to buy experiences.
- Your top financial goal should be to have the ability to do fulfilling work, as opposed to working solely for a paycheck.
I guess he’s a sentimental guy because he also wrote a “last column” called “Parting Shot: What I Learned From Writing 1,008 Columns” in 2008 when he left the Wall Street Journal to join Citigroup (before coming back). Highlights below; read full article for details.
The question – What is the reason for all this saving and investing?
- If you have money, you’ll worry less about it.
- Money can give you the freedom to pursue your passions.
- Money can buy you time with friends and family.
I checked and both articles weren’t behind a paywall at the time of writing, but that may change in the future.