Here is the next in the series of republished old Art Calendar Magazine articles with updated commentary. This time around I don’t feel like I have much to add in terms of updating. It’s basically talking about an approach I used to help stay fully conscious of my spending so I wouldn’t waste it on things that didn’t give me enough fulfillment. I believe it’s an approach that can work for many other people too, though perhaps not everyone. It feels as valid to me today as it did when I first wrote about it.
Continue reading “Perceived Value of Money – AC9 Financial Management Article”Tag: money
Mind the Gap – It’s where the magic happens
I’m challenging myself to reach a bare bones level of wealth needed for me to retire early within the next three years. Naturally that has me considering the nature of wealth, security, and money. With regards to money I tend to fall into two different mental habits, neither of which really serve me fully. The first is to focus on increasing my income. I realized the other day this is almost completely irrelevant on its own. The other habit of mine is to focus on cutting expenses. Again this is almost as irrelevant as increasing income. Reducing expenses does tend to reduce consumption of energy and resources, thus reducing my ecological footprint, but with regards to wealth and security unless I can sustainably reduce it to zero this too is completely irrelevant on its own.
Continue reading “Mind the Gap – It’s where the magic happens”