Learn to dance in the rain.
www.serenityhillhomestead.com
Julie Reed wrote:Cyclical and seasonal stocks can be a good opportunity for anyone. Then use options to trade the time period so that you don’t tie up a ton of $ in the stock, and to amplify your return. Or, at least sells calls against the stock if you choose to buy shares.
Jennifer Richardson wrote:
One is a financial independence framework based on very low, very concrete expenses. Say that I allocate myself $100 a month for food. That means that if I can save $2,500 and get a 4% return on it, I never have to work to buy that food month’s again (Note: multiply this by 12 months and never have to work to buy any food ever again). That helps with the discipline to save (small, concrete goal, easier to reach), and the discipline not to spend $800 a month on food (which I could do so, so easily), which would require saving $20,000 instead of $2,500.
The second thing sounds kind of bad, but it involves cultivating a sort of protective arrogance. It is not how I really feel when I am being nuanced, and I definitely never apply these ideas to people other than myself, but it is a shell that I can put on and say, “I am not going to be a poor, unhealthy schmuck wasting my money on fast food because I am too lazy to cook. I am not so desperate to look attractive that I am going to drop money on new clothes and a haircut. I am not some fool who sits in front of the television like a sheep.” Etc. Basically I motivate myself by appealing to my own self-image as a disciplined, free-thinking, self-reliant, and determined person who would very much hate to think of myself as a weak, spoiled, lazy consumer who is just going to drop to her knees for her societal overlords. Also I imagine Diogenes and Seneca and some other Stoic philosophers judging me. It works for me.
Disciple of Tarzan
Jay Angler wrote:
Similarly, so much of "charity" is not really about giving a "hand up". It's about puffing up the givers. If we *really* wanted to give people hope, we would support increases in minimum wage and require companies to offer affordable health and dental care to *all* workers, not just full time ones. We would support free/almost free adult education classes up to Grade 12 and subsidize skills and trades training entry level education. We would teach people how to grow their own food, and not put up road blocks that prevent them from accessing public land or telling them they can't plant veggies on their front lawns. We'd plant edible trees in our cities, rather than ornamentals.
Disciple of Tarzan
Jennifer Richardson wrote:
One is a financial independence framework based on very low, very concrete expenses. Say that I allocate myself $100 a month for food. That means that if I can save $2,500 and get a 4% return on it, I never have to work to buy that food month’s again (Note: multiply this by 12 months and never have to work to buy any food ever again). That helps with the discipline to save (small, concrete goal, easier to reach), and the discipline not to spend $800 a month on food (which I could do so, so easily), which would require saving $20,000 instead of $2,500.
"Hundreds of years from now it will not matter what my bank account was, the sort of house I lived in or the type of car I drove... But the world may be different because I did something so bafflingly crazy that it becomes a tourist destination"
You are welcome to check out my blog at http://www.theartisthomestead.com or my artwork at http://www.davidhuang.org
My latest blog post is Recent Studies Reveal Awesomely Effective Treatment for Rampaging Disease.
Travis Johnson wrote:The interesting thing about money is, it is 100% backwards of what people think. Everyone tries to save, save, save to get more money, and they scrimp, screw people over, and do the nastiest things for cash, but that is not how a person gets money...
You get money by giving it away!
You do not just run around and throw it out to anyone, but if people are in need, you give them money, and you know, you are richly rewarded.
Katie and I have learned this the hard way, and while it seems so logical to save money for the lean times, to get money in the lean times is to give money away when you got some extra. We have done this so many times, it no longer scares us to be without money. When we need it, somehow, some way, it will be there.
But it is not a flippant attitude, like, "Oh, we'll get money when we need it." It is not like that at all, it is looking around and seeing where the need is when we do have extra money, and giving it to people who need it more than us.
You have to experience it, to really appreciate it, but try it...give money away, and see how quickly it returns back to you when you are up against it.
When evil is afoot and you don't have any arms you gotta be hip and do the legwork, but always kick some ... tiny ad:
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