Welcome to Your Financial Fallacies.

I’m Calt, a computer scientist with a passion for debunking financial myths.

Financial literacy is key to making informed decisions about money. Here, I strive to simplify complex concepts and clarify common misconceptions with practical insights and resources to improve your knowledge.

Where to start

There’s already a lot of fallacies to unpack on this young project, I understand it can be overwhelming.

You may want to read them all from the beginning of time or you can browse them by category based on your interests.

Alternatively, you can follow my journey.

Upon graduation, I believed money could buy happiness — maybe not entirely, but a significant portion of it. Working tirelessly, I spent without saving, assuming money had purpose only when spent.

The wake-up call came when I struggled to pay rent. Overconfident that I could manage without a budget, I, an engineer, faced financial stress. It dawned on me that an emergency fund was not just useful but essential.

My focus on career advancement hindered financial planning, especially for retirement, leading to procrastination.

In my 30s, I embraced adulthood. I started a business from scratch, began investing with modest funds, and diligently saved for retirement. Trimming unnecessary luxuries, I married, purchased a house, and welcomed children, unraveling fallacies one by one. Now I’m targeting some form of lean and safe Financial Independence to keep working only on what is important to me.

I make mistakes, that’s where knowledge stems from—alongside insights from good books, not so much from YouTube financial gurus.

In essence, my financial journey required multiple life changes.

Through this website, I aim to make your path smoother and more comfortable.

How to follow

You can get notified about new financial fallacies exposed both via RSS feed or the official Telegram channel.

How to contact me

If you have any questions or topics you’d like me to cover, or you just want to connect, don’t hesitate to reach out. You can contact me directly at calt [at] financialfallacies [dot] com.


All images on Your Financial Fallacies have been created with Dream by Wombo.

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The information provided in this website is for general informational purposes only and should not be construed as financial advice. Any financial decision made based on the information provided herein is at your own risk. You should consult with a qualified financial advisor or professional before making any financial decisions. The user assumes full responsibility for any actions taken based on the information provided, and the author and platform disclaim any liability for any consequences resulting from such actions. This website does not establish a client-advisor relationship between the user and the author or the platform.

Always do your own research and seek professional advice before making any financial decisions.

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Please be aware that I only recommend products, services, or programs that I believe in and trust. The views and opinions expressed on this website are purely my own. Any product claim, statistic, quote, or other representation about a product or service should be verified with the manufacturer, provider, or party in question.