The mouse trap: how Disney built a $91 billion empire

Hey there, savvy investors! Pop quiz time: What's Disney's biggest money-maker? If you said "movies," congratulations - you just fell into the same trap as 99% of people. Plot twist: Disney's theatrical films contributed less than 10% of their whopping $91.4

Love and ledgers: making sense of income gaps in modern relationships

Sequel of the movie "Thor: love and thunder", "Love and ledger" talks about how Thor learns to manage his finances and tax returns across multiple planets. Good luck managing interplanetary tax treaties! Although that could definitely-maybe be an interesting plot, I'll talk about something

The psychology of saving: why we spend more than we should - Part II

Hello! There is a chance that if you a reading this, you missed the first part of the article. Don't worry, you can read it here. After covering the cognitive biases that influence us when spending and (not) saving, we'll cover other triggers, because yes.. unfortunately

The psychology of saving: why we spend more than we should - Part I

Do you ever feel like your wallet has a leak? You know, you mean to stash cash away for that dream vacation or, you know, not eating cat food in retirement, but somehow... poof! It vanishes faster than free donuts in the office breakroom. It's like knowing vegetables

How sanctions shape global economies: the domino effect of economic penalties

When countries get into diplomatic spats these days, they're more likely to reach for their wallets than their weapons. Welcome to the world of economic sanctions, where the power of the purse has become the preferred tool of international pressure. Grab a coffee, and let's unpack

7 surprising side hustles for 2025 (you haven’t heard of - yet)

The traditional 9-to-5 isn’t dead, but it’s no longer the only path to financial power. In 2025, side hustles aren’t just about extra cash - they're strategic moves for flexibility, autonomy, and high-ROI income streams. According to a survey from Lendingtree.com, nearly 40% of

Dividends decoded: your path to cash-flowing investments

Picture this: you own a slice of a successful company, and instead of just sitting on your ownership certificate hoping the price goes up someday, the company regularly deposits cash into your account as a "thank you" for being an investor. That's essentially what dividends are

Introducing the ultimate cash flow planner

Managing your finances just got easier! I am excited to launch the Wealthy Parrot Cash Flow Planner, a simple yet powerful tool designed to help you track your income, expenses, and overall financial health with ease. Whether you're budgeting for personal use, managing business cash flow, or planning

From syrup to billions: how Coca-Cola monetizes happiness

Imagine this: it’s 1886 in a small Atlanta pharmacy. A curious pharmacist stirs up a syrupy concoction, mixes it with fizzy water, and unknowingly sets the foundation for one of the world’s most valuable brands. Fast-forward to today, Coca-Cola is more than just a soda; it’s a

Shannon's Demon: how to profit from volatility in investing

When you hear the word demon, you probably picture a mischievous creature stirring up chaos. But what if I told you there’s a financial “demon” that thrives on market volatility and can help you grow wealth without needing markets to soar? Enter Shannon's Demon, an investment strategy

2024 Asset class returns

Hello everyone and happy New Year! Now that 2024 is officially over, it's time to take a look at how major asset classes have performed. Compared to last year's version, I made a couple improvements: * I have now added a legend with the index used to

Reading list added to the blog

Hello investors! I hope you are enjoying the holiday seasons and are getting ready for a great 2025. Many of you have asked me what book they could read over the next days to improve their knowledge on personal financial and investments topics. To help you all out I added