Monday, Jan 23, 2023
Here’s a list of subreddits related to personal finance, financial independence (FIRE) and money management with a focus on the UK. Browsing social media is a bad habit, but if you can’t totally kick a bad habit, you can at least mitigate it. In this case, you can try to flood your Reddit feed with personal finance content that might nudge you in a better direction each time you end up opening up Reddit.
Monday, Apr 4, 2022
This live pay ticker lets you watch your daily earnings build up in real time. Enter the details and watch the amount tick up during the day. Note that this is calculated entirely client-side in your browser, so no information is processed on a server or sent elsewhere. Just be careful if you share the URL as it is updated to match the numbers you put in the form. Earnings today: £0.
Saturday, Jan 15, 2022
A particularly good piece titled “Time” from Applied Divinity Studies: https://applieddivinitystudies.com/time/. It combines two themes that are relatively commonplace elsewhere, but both of which deserve more attention in their own right. Together they make quite an interesting combination. The first theme is the less interesting of the two, which is the power of compound interest. This is of course very powerful and something which we should all try to harness. It should probably be seen as fundamental life knowledge, hence it perhaps seeming less insightful if you tend to read this type of advice more often.
Monday, Aug 9, 2021
Financial Panther – one of my favourite personal finance blogs – has a good post today on The Parallels Between College Life And Financial Independence. It’s one of those posts about the life goals and wider thinking around personal finance, rather than the nuts and bolts of financial planning. These are often the best kinds of personal finance reading. This quote summarises the whole post: “…the things that made me happy in school are pretty similar to the things that I want out of financial independence.
Friday, Jul 23, 2021
What if the reason moderate drinkers seem to live longer than both heavy drinkers and teetotalers has nothing to do with alcohol itself, and is actually because the ability to moderate yourself in anything correlates with all sorts of positive behaviours? It doesn’t seem far-fetched that someone who is capable of drinking moderately might be more likely to eat healthily, exercise regularly, handle their stress, maintain relationships and so on. It’s a cluster of positive habits that all relate to core skills of self moderation, being thoughtful and being able to apply a bit of directed effort.
Thursday, Jul 15, 2021
Here’s a little story I read somewhere once: Two friends grew up in the same village. When they were adults, one went to the King’s court and lived an extravagant but stressful life there. The other went deeper into the countryside and lived a simple life, subsisting on the minimum. Years later, the royal courtier happened to visit his old friend in the countryside. Dismayed to see how poor he was in comparison to those at the King’s court, he said to his old friend “If you could just learn to obey the King, then you wouldn’t have to live like this.
Wednesday, Jul 14, 2021
One little financial calculation that can be interesting to think about is your work/freedom ratio, or WFR. This is the ratio between time spent working and how much freedom, i.e. non-work, time that buys you. It’s the amount of freedom-from-work, or freedom from time that would otherwise need to be spent working. For example, if you work 35 hours a week for the UK minimum wage of £8.91 (as of 2021), that’s £311.
Thursday, Jul 8, 2021
Hello to the world from the ThinkOfThe.Money blog! This is the first post of what will be many. What is ThinkOfThe.Money / Think of the Money / TOTM? TOTM is a UK personal finance and frugality blog. The name comes from a maxim that I try to remind myself of when I’m not enjoying work that much: “think of the money” to stay focused on long term goals and remember it’s all worth it in the end.
ThinkOfThe.Money