I read and listen to a lot of personal finance (and not-so-personal-finance) content. I’m always amazed at the great work there! Here are some of the posts and podcasts that caught my attention this week.
When Being in Debt is Better – Millennial Dollar
Sometimes a post is so strikingly personal you have to pause and reflect. This one on using debt to completely rebuild your life during a battle with alcoholism is visceral and raw in ways you don’t often see in finance blogs. It’s a reminder there’s more to this financial thing than we often think.
Naming and Automating Our Way to Savings – Married With Money
If you read my post on how I budget using a spreadsheet and individual savings accounts for my medium-term goals, then you know I’m a fan of this approach. Dave over at Married With Money has some additional thoughts on why it’s such a powerful way to connect you with your money.
Tim Ferriss: Why You Should Define Your Fears Instead of Your Goals – TED Talks
Tim Ferriss offers a unique way of cutting through the B.S. when you’re thinking about doing something potentially life-changing and can’t quite get the nerve to start. By methodically giving voice to and examining the fears that are preventing you from taking action, then rationalizing how to mitigate those outcomes or recover from them, you can make a more informed decision.
Thanks for the shout! Human psychology is weird.