Tag: awareness
๐ช๐ต๐ฎ๐ ๐ฑ๐ผ ๐๐ผ๐ ๐ฑ๐ผ ๐๐ถ๐๐ต ๐๐ผ๐๐ฟ ๐บ๐ผ๐ป๐ฒ๐?
If your answer is โ๐๐๐กโ๐๐๐, ๐๐๐๐๐๐ฆ.โOkay, so why try so hard to earn lots more money? If your answer is โ๐ผ ๐ ๐๐๐๐ ๐๐ก.โOkay, so once you make money, hanging on to money is just as hard as making it. Youโฆ
This hinders your happiness
This one was a big problem for me in the past โฆ That tiny graph shows that no matter where our current salary is ๐ฒ๐๐ฒ๐ฟ๐๐ฏ๐ผ๐ฑ๐ ๐๐ฎ๐ป๐๐ ๐ฎ ๐๐ถ๐ป๐ ๐ฏ๐ถ๐ ๐บ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐๐ต๐ฒ๐ ๐ต๐ฎ๐๐ฒ ๐๐ผ ๐ณ๐ฒ๐ฒ๐น ๐ต๐ฎ๐ฝ๐ฝ๐/๐น๐ฒ๐๐ ๐๐๐ฟ๐ฒ๐๐๐ฒ๐ฑ. We donโt realizeโฆ
What if you run out of life?
๐ ๐๐ฆ ๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ, ๐ฐ๐ก๐๐ญ ๐ฐ๐จ๐ฎ๐ฅ๐ ๐๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐ข๐ง๐ & ๐ฎ๐ฌ๐๐๐ฎ๐ฅ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ฒ๐จ๐ง๐ ๐๐จ๐ฎ๐ฅ๐ ๐ ๐๐ญ ๐ญ๐ก๐๐ข๐ซ ๐ก๐๐ง๐๐ฌ ๐จ๐ง? Thought about it? Thought about it a bit more? For me, it would be ๐ค๐ง๐จ๐ฐ๐ข๐ง๐ ๐ก๐จ๐ฐ ๐ฆ๐ฎ๐๐ก ๐ญ๐ข๐ฆ๐ ๐ ๐ก๐๐ฏ๐ ๐ฅ๐๐๐ญ. Itโsโฆ
Sleep well at night
Any investment or personal finance strategy that keeps you up at night is a terrible strategy. Instead, optimize your personal finances to make your life better, not worse. Itโs as easy as 1-2-3: 1๏ธโฃ Aim for reasonable, not perfection. 2๏ธโฃโฆ
Extreme Discounting … be aware of this quirk
You prefer immediate rewards vs. long-term gains. But investing is for the long term. When we are presented with distant commitments, we tend to stumble on the difficulty that our brain has in placing us in the future with anyโฆ
Your Ability to Spot Financial Bullshit Predicts your Financial Well-being
๐ง๐ต๐ฒ๐ฟ๐ฒ ๐ฎ๐ฟ๐ฒ ๐ฝ๐ฒ๐ผ๐ฝ๐น๐ฒ ๐ผ๐๐ ๐๐ต๐ฒ๐ฟ๐ฒ ๐๐ต๐ผ ๐๐ฎ๐ป๐ ๐๐ผ ๐ฏ๐ฒ ๐ฟ๐ถ๐ฐ๐ต – ๐๐ถ๐๐ต๐ผ๐๐ ๐๐ต๐ฒ ๐ฟ๐ถ๐๐ธ, ๐๐ต๐ฒ ๐๐ฎ๐ฐ๐ฟ๐ถ๐ณ๐ถ๐ฐ๐ฒ, ๐ผ๐ฟ ๐๐ต๐ฒ ๐ฑ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐ด๐ฟ๐ฎ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐ป๐ฒ๐ฐ๐ฒ๐๐๐ฎ๐ฟ๐ ๐๐ผ ๐ฎ๐ฐ๐ฐ๐๐บ๐๐น๐ฎ๐๐ฒ ๐๐๐ฐ๐ต ๐๐ฒ๐ฎ๐น๐๐ต.
Why do we misbehave so often?
According to economists, we should all be cold, clear-eyed spenders who always choose what would benefit us the most economically. In their economistsโ world, we are all as emotionless, passionless, and predictable as the Vulcan Mr. Spock in Star Trek, since we are supposedlyโฆ
Have we reached peak oil demand yet?
Could it be that we have seen the peak in global oil demand back in 2019? I wouldn’t know. Due to COVID-19, experts are predicting that the oil demand peak might happen earlier than previously thought. BP says it couldโฆ
Don’t worry, be …
… Hmm, I donโt know how that header should be completed. Do you?ย No? Then, letโs find out together. In my opinion, the standard saying: “Don’t worry, be happy” seems to be too simplified because not only do I doubt that one can beโฆ
๐ช๐ต๐ฎ๐ ๐ฑ๐ผ ๐๐ผ๐ ๐ฑ๐ผ ๐๐ถ๐๐ต ๐๐ผ๐๐ฟ ๐บ๐ผ๐ป๐ฒ๐?
If your answer is โ๐๐๐กโ๐๐๐, ๐๐๐๐๐๐ฆ.โOkay, so why try so hard to earn lots more money? If your answer is โ๐ผ ๐ ๐๐๐๐ ๐๐ก.โOkay, so once you make money, hanging on to money is just as hard as making it. Youโฆ
This hinders your happiness
This one was a big problem for me in the past โฆ That tiny graph shows that no matter where our current salary is ๐ฒ๐๐ฒ๐ฟ๐๐ฏ๐ผ๐ฑ๐ ๐๐ฎ๐ป๐๐ ๐ฎ ๐๐ถ๐ป๐ ๐ฏ๐ถ๐ ๐บ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐๐ต๐ฒ๐ ๐ต๐ฎ๐๐ฒ ๐๐ผ ๐ณ๐ฒ๐ฒ๐น ๐ต๐ฎ๐ฝ๐ฝ๐/๐น๐ฒ๐๐ ๐๐๐ฟ๐ฒ๐๐๐ฒ๐ฑ. We donโt realizeโฆ
What if you run out of life?
๐ ๐๐ฆ ๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ, ๐ฐ๐ก๐๐ญ ๐ฐ๐จ๐ฎ๐ฅ๐ ๐๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐ข๐ง๐ & ๐ฎ๐ฌ๐๐๐ฎ๐ฅ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ฒ๐จ๐ง๐ ๐๐จ๐ฎ๐ฅ๐ ๐ ๐๐ญ ๐ญ๐ก๐๐ข๐ซ ๐ก๐๐ง๐๐ฌ ๐จ๐ง? Thought about it? Thought about it a bit more? For me, it would be ๐ค๐ง๐จ๐ฐ๐ข๐ง๐ ๐ก๐จ๐ฐ ๐ฆ๐ฎ๐๐ก ๐ญ๐ข๐ฆ๐ ๐ ๐ก๐๐ฏ๐ ๐ฅ๐๐๐ญ. Itโsโฆ
Sleep well at night
Any investment or personal finance strategy that keeps you up at night is a terrible strategy. Instead, optimize your personal finances to make your life better, not worse. Itโs as easy as 1-2-3: 1๏ธโฃ Aim for reasonable, not perfection. 2๏ธโฃโฆ
Extreme Discounting … be aware of this quirk
You prefer immediate rewards vs. long-term gains. But investing is for the long term. When we are presented with distant commitments, we tend to stumble on the difficulty that our brain has in placing us in the future with anyโฆ
Your Ability to Spot Financial Bullshit Predicts your Financial Well-being
๐ง๐ต๐ฒ๐ฟ๐ฒ ๐ฎ๐ฟ๐ฒ ๐ฝ๐ฒ๐ผ๐ฝ๐น๐ฒ ๐ผ๐๐ ๐๐ต๐ฒ๐ฟ๐ฒ ๐๐ต๐ผ ๐๐ฎ๐ป๐ ๐๐ผ ๐ฏ๐ฒ ๐ฟ๐ถ๐ฐ๐ต – ๐๐ถ๐๐ต๐ผ๐๐ ๐๐ต๐ฒ ๐ฟ๐ถ๐๐ธ, ๐๐ต๐ฒ ๐๐ฎ๐ฐ๐ฟ๐ถ๐ณ๐ถ๐ฐ๐ฒ, ๐ผ๐ฟ ๐๐ต๐ฒ ๐ฑ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐ด๐ฟ๐ฎ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐ป๐ฒ๐ฐ๐ฒ๐๐๐ฎ๐ฟ๐ ๐๐ผ ๐ฎ๐ฐ๐ฐ๐๐บ๐๐น๐ฎ๐๐ฒ ๐๐๐ฐ๐ต ๐๐ฒ๐ฎ๐น๐๐ต.
Why do we misbehave so often?
According to economists, we should all be cold, clear-eyed spenders who always choose what would benefit us the most economically. In their economistsโ world, we are all as emotionless, passionless, and predictable as the Vulcan Mr. Spock in Star Trek, since we are supposedlyโฆ
Have we reached peak oil demand yet?
Could it be that we have seen the peak in global oil demand back in 2019? I wouldn’t know. Due to COVID-19, experts are predicting that the oil demand peak might happen earlier than previously thought. BP says it couldโฆ
Don’t worry, be …
… Hmm, I donโt know how that header should be completed. Do you?ย No? Then, letโs find out together. In my opinion, the standard saying: “Don’t worry, be happy” seems to be too simplified because not only do I doubt that one can beโฆ