Split Test https://loopvids.s3.amazonaws.com/2022/22Dec20_Post.mp3 Compare two situations. Two identical people. Same jobs, same incomes, live in the same type of neighborhood. Only one difference. One guy uses credit cards like there is no tomorrow. The other guy ONLY uses his debit cards. Or to make this metaphor even sillier, imagine […]
Maximize Your Profits
Half Dead Cat https://loopvids.s3.amazonaws.com/2022/22Dec19_TT.mp3 What do Led Zeppelin, The Big Bang, Schrodinger’s Cat, and Capitalism all have in common? They all were originally put-down’s given to an idea that were later accepted as a badge of honor by the idea originators. Jimmy Page was at a party talking about putting a band together. […]
Flip Your Money Switch
Before The Sun https://loopvids.s3.amazonaws.com/2022/22Dec18_Post.mp3 I’ve always been a morning person. I like to get up early, and get things done. And get them done as quickly as possible. One thing I DO NOT like is having obligations later in the evening. I very much prefer to grind on through so I […]
Evil Money Beliefs
Useful Thinking https://loopvids.s3.amazonaws.com/2022/22Dec15_Post.mp3 A lot of helpful ideas have been around for a long time. Discovered and re-discovered, taught and re-taught in plenty of cultures and times. One is the Serenity Prayer. “God grant me the serenity to accept the things I can’t change, the courage to change the things I can, […]
Pleasures Of The Flesh
Can’t Go Lower I have a friend who’d hit rock bottom. A bunch of horrible things happened in a row. First, his girlfriend, who he thought would eventually become his wife, dumped him. It turned out she was having an affair with his best friend who he thought he was going to […]
The Importance of Savings
Old College Friend I have a friend from college that lives just north of San Diego. He lives in a small town. I forget the name. I went to visit him recently. The downtown area has fallen on hard economic times. Most of the shops are closed up, out of business. But there is […]
Origins Of Wealth
Gangsters To Bankers The Medici family started out in the Middle Ages in Florence as a gangster family. A couple of them were hanged for their misdeeds. Within a couple of generations later they had become the most powerful banking families in Europe. One of the best prototypical rags to riches story of wealth […]
The Freeloader Problem
Two Sides Of A Deadly Coin Way back in the day, we humans lived in small tribes of a few hundred people. Life was harsh. Getting food was difficult and dangerous. Predators were everywhere, and the food tended to run away. Animals didn’t want to be killed and eaten. Hunter Gather Instincts We humans […]
Equilibrium Paradox
How Much Do You Need? Most of us have a curious belief about some big thing that we want. This can either be a thing, a certain amount of money, or even a long range goal. The belief that we hold about this is that once we get that “thing,” whatever it happens to be, […]