A year and a half ago, Derek Sivers tweeted asking “What are you working on right now?”. This simple question spawned an entire website, nownownow.com, which focused on linking to a “now” page on different people’s websites displaying what they are focused on. It led me down a lot of internal conversations of my own to figure out what I’m working on and how to relates to my personal mission.
[Read more…] about What is Your Personal Mission?Blog
2016 Year in Review
2016 was a weird year. Politics and celebrity deaths aside, it was a bumpy year for me as well. Things were well at home, but at work, I went through some transitions that stretched me very thin and stressed me out for much of the year. A lot of this year was about learning what I want out of a career — something I thought I had figured out already, but turns out I have much to learn. Time to look at the year in review to see how it all went.
[Read more…] about 2016 Year in ReviewTracking & Forecasting Expenses with Mint, Todoist and Google Sheets
I’m hesitant to say the word “budget”, but understanding where I spend money is important. With it, I can plan out how much I should save, understand how much money I actually need to live, and how much of my spending is on luxuries. I’ve tried a number of strategies for tracking and planning these, and have finally stumbled on one I love using Mint, Todoist and Google Sheets. I prefer to think about things on a yearly level, rather than a monthly level, which has conflicted with most common forecasting tools. Here’s my attempt at yearly budgeting with these tools.
[Read more…] about Tracking & Forecasting Expenses with Mint, Todoist and Google SheetsNovelty
Hedonic adaptation is the tendency for happiness (or sadness) gained too quickly to revert to a person’s normal level over time. The idea is that people have a set point of happiness that they’re at, and permanent changes to it aren’t likely to come from novelty.
[Read more…] about NoveltyWhat is Financial Independence?
Most people do a great deal of future planning. We go to college and learn skills with the intention of using them for ~40 years. We plan out our career and our long-term relationships. We buy houses and decide where we’ll live for many years in the hope of someday being financially independent.
All of these are best guesses. A small number of people know what will make them happy for their entire lives at age 18 enough to plan the rest of their lives. Relationships end and life (or jobs) take us to different cities. Even the best-laid plans for life change. The more attached you are to these plans, the more painful these changes are.
[Read more…] about What is Financial Independence?Practice Poverty
When reading The Obstacle is the Way recently, the author mentioned a topic that stuck with me — practicing poverty.

Seneca
The topic came up when discussing Lucius Annaeus Seneca. Seneca, one of the founders of the Stoic school, and the subject of a Tim Ferriss book. Unlike many Stoics, Seneca was a wildly successful businessman in his day. Even at that, he was humble though. His thoughts on poverty shed light on his humility.

It is not the man who has too little, but the man who craves more, that is poor.
When hearing this Seneca quote, the immediate idea that comes to mind is financial independence, which shows just how significant a changed lifestyle is to your long-term planning. Avoiding lifestyle inflation is easier when you are used to less. But what about the short term?
Putting it to Practice
The quote that was being discussed in The Obstacle is the Way, was this one from Seneca:
Set aside a certain number of days, during which you shall be content with the scantiest and cheapest fare, with course and rough dress, saying to yourself the while: “ Is this the condition that I feared?”
What if you were to get up tomorrow, or for the next week, and make a choice not to spend a cent unless otherwise essential? I’m not suggesting go as far as walking 10 miles to work, but there’s probably a bunch you could do with this. Eating what’s left in your freezer and pantry, avoiding toll roads, not eating out at work — removing yourself from positions where you are exposed to things for sale.
If you’re reading this post, you’re most likely well enough off that true poverty (living in the open, not sure where your next meal would come from) would be too daunting a challenge. I also don’t get the impression that Seneca was sleeping under the stars for those nights. But there might be other ways you can think of that can would help you empathize with the poor — and at the same time appreciate what you have that much more.