personal finance
The typical American worker has $955 saved for retirement. But why?
God bless the US Census Bureau, and a think tank called The National Institute on Retirement, and CBS news. Through their combined efforts we have learned that the average American has only $955 saved for retirement.... Incorruptible Organizations AMA with Eric Ries. Wednesday 2/4 at 3:00 PM CT
Lean Startup author who now focuses on legal structures to protect mission-driven organizations from corruption. incorruptible.co
Free book giveaway! Register here.
https://www.youtube.com/watch?v=QNfb54LuzwISuuuper enjoyed researching my ethical super fund options here a few years ago & discovering that the ethical funds were performing better pretty consistently! Yayyy mo money, right?... Frugality as a trauma response. It occurred to me the other day that my tendency of being circumspect in spending money, choosing cheaper items than I actually want, stems from some wounding around money, and that this frame is very inconsistent and can shift wildly depending on what kind of item I’m considering.
I have that too. It lives in me like.. .. fear of not having enough resources - fear for my safety .. fear of taking up space (which is also scarcity mindset like above) ..... Frugality as a trauma response
It occurred to me the other day that my tendency of being circumspect in spending money, choosing cheaper items than I actually want, stems from some wounding around money, and that this frame is very inconsistent and can shift wildly depending on what kind of item I’m... Freezing eggs is really expensive.
I’m 34, about six months away from the age that fertility specialists claim that egg quality starts to decline. So, I’m looking into freezing my eggs. Some women enter adulthood knowing they want to be moms.... Navigating Buying or Walking. For those of you who are good at saving your money. 💰 What inspires you to not buy?
Say you’re in a store or online and you see something cool. What do you do? What are your criteria for buying or walking away?
Asking because while I love knowing money is being put away, I also love to shop. It can be as simple as, I’m in Manchester (like I am right now) and want to buy something unique that I can’t buy at home. Or I don’t have a something in that color, fabric or design. I don’t need it. I just like it and will enjoy it.
How do you navigate this? What’s your approach?
I love the inquiry! I built most of my shopping habits when I didn’t have much money, so I think my default is simply not to buy. I don’t think about it much. There are a few categories that I’ve opened up to purchase more in—books I buy freely. Smoothies too.... Navigating Buying or Walking. For those of you who are good at saving your money. 💰 What inspires you to not buy?
Say you’re in a store or online and you see something cool. What do you do? What are your criteria for buying or walking away?
Asking because while I love knowing money is being put away, I also love to shop. It can be as simple as, I’m in Manchester (like I am right now) and want to buy something unique that I can’t buy at home. Or I don’t have a something in that color, fabric or design. I don’t need it. I just like it and will enjoy it.
How do you navigate this? What’s your approach?
When I’m shopping, whether I’d enjoy having something doesn’t really factor into whether I buy it, my thinking tends to be more pragmatic and I often delay (often unnecessarily) making the purchase.... Navigating Buying or Walking
For those of you who are good at saving your money. 💰 What inspires you to not buy? Say you’re in a store or online and you see something cool. What do you do? What are your criteria for buying or walking away?... Anyone drinking molecular hydrogen rich water? A friend of mine bought a water bottle that turns regular water into hydrogen rich water. She’s been drinking this water for several months and swears by it. She says she has more energy, recovers easily from physical exercise, and her senses are heightened.
The water bottle is distributed by a MLM. I thought it was a new thing. But I researched and was surprised to see how popular molecular hydrogen rich water is.
I’ll usually an early adopter of stuff like this but I’m hesitant because the long-term effects are not known.
Is there anyone drinking this stuff? What has your experience been?
Oh yeah $30 for a bottle seems like a cheap way to run the test. Like if it encourages you to drink more water, you’ll probably get $30 worth out of the habit change even if the other claims don’t really add up.... It's the littlest thing . . So this happened. . . How would you relate?
I recently purchased new kitchen appliances (yay me!). They were delivered today. Prior to their arrival, I had been sitting with a range of emotional states (from joy to fear to contentment, etc.) and body sensation that kept me energized.
When the new fridge and stove arrived, I felt my excitement again. Saying goodbye to the old, dated, dingy appliances was a joy. The stove looked amazing when it was installed. The fridge has french doors and bottom freezer, exactly what I wanted.
And. . . There is a noticeable ding on the left door of the fridge, subtle yet in plain sight! Yaaaaa! Everytime I see it (and it has only been a few hours), my body tenses up and there’s annoyance. I am told that I have 2 options, I can take $150 compensation for the ding and keep the fridge, or exchange the whole fridge (which means I need to take action and coordinate a whole new delivery). I feel frozen and indecisive. . . Which option do I take?, I ask myself.
It is really interesting how impacted I seem by this one little thing…. a ding.
How would you relate, if you did?
How i would approach the inquiry is - is there a way to cover the ding, like some art or magnets? If it’s not coverable with something that brings joy… then… consider $150 and break it into days. Like how many years will you have it most likely?... It's the littlest thing . .
So this happened. . . How would you relate? I recently purchased new kitchen appliances (yay me!). They were delivered today. Prior to their arrival, I had been sitting with a range of emotional states (from joy to fear to contentment, etc.) and body sensation that kept me... Learn about Bitcoin. Your future self will very likely be grateful you did.
I think understanding Bitcoin is in everyone’s best interest. Although everyone’s heard about Bitcoin at this point, I think it’s still mostly misunderstood (and misrepresented).... Some Thoughts on Boundaries. Boundaries are mine. My portals to connection. They’re statements of fact: “whoops, I’m sorry, it turns out I can’t love from here anymore.”
The purest form doesn’t require anyone else to uphold. I can say “no” to a party I don’t want to go to. I can turn off my phone at bedtime. Asking someone not to interrupt me or not answering emails after work can feel a little trickier to uphold, because I have to be willing to walk away.
There are a bunch of socially agreed upon boundaries that are upheld by law enforcement, like cease and desists or restraining orders. It’s often not simple—in Texas I have a right to refuse anyone setting foot on my property (but what about racism, when my property is a business?).
There are some thoughts for now...
yes, this is another way of answering @nat’s question about portals to connection. When you’re in too much debt, there’s not much connection, and there will eventually be a reckoning which usually means even...