sci-fi author, beatmaker

Tag: Money Master the Game

The System is the Result

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Goals are useful. A goal points you in the direction you want to go, gives you a metric by which to measure progress, and ideally provides the motivation to get there.

But goals don’t produce results. A behavioral system (including automated behaviors) produce the actual results. Your system of diet and exercise will produce physical and health results. Your system of saving and investing will produce wealth results. Your system of communicating and being kind and generous to people will produce relationship results.

They may not always be great results. That depends on the quality of your system, your compatibility with the system you’ve chosen, and how effectively you implement it.

I’ve managed to overcome health problems by tweaking my diet and supplements, and those system continue to work well for me. I feel pretty good about my saving and investing system too. My chess system, on the other hand, needs a lot of work. I only know a few openings, I fall into simple traps, and I too often impulsively make the first decent move I see without considering other options. But I’m working on it.

Writing, chess, and racquetball are three skills I’m actively developing. Some of the work is just doing the thing a lot. Learning new techniques and practicing those techniques — actively pushing the boundaries of your skill and paying the learning tax — is a big part of getting better. So where does the system part come in? What does that even mean?

What Does Financial Freedom Mean to You?

Not the skylight in my house.

Not the skylight in my house.

As the water poured into my house from two leaky skylights, I had a thought …

What does financial freedom mean for me, personally?

It’s a phrase Tony Robbins uses in Money, Master the Game. I considered the question on my first read through the book, but I wanted to come back to it. I’ve been thinking about how high net worth can limit time, lifestyle, and relationships. This is especially true for expensive possessions which require management and maintenance (houses, cars, boats), but money itself requires management, and a whole lot of money requires a complex network of people and institutions to manage taxes, investments, trusts, insurance, and other aspects of wealth legality and retention.

Net worth can also influence social relationships. It’s harder to form and maintain relationships with people who are in completely different economic territory, especially at the extremes of poverty and wealth.

Possessions, including money, can be a pain in the ass.

How To Get Rich Slowly Without a High-Paying Job

There are many advantages to getting rich slowly.

There are many advantages to getting rich slowly.

Today’s topic is how to get rich slowly, with a little help from Google Sheets.

Why write this post? In college I was just starting to save money from my part-time jobs, but I had no idea what to do with my savings. My parents had some savings and property assets, but no positions in the stock market or bonds, and nothing approaching an investment portfolio. I had no advice from them, nor did I know which questions to ask.

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