Food and personal finance are similar
37 Comments- Get free updates of new posts here
For no apparent reason, today appears to be the day where I post a million things about food. I don’t really know why, but I did skip breakfast.
Above is an interesting image about how food prices have changed from 1985-2000. As you can see, “good” food prices increased, while junk food prices went down. It’s no surprise that we see links between obesity and poverty (PDF with nice data).
Anyway, the reason I’m posting about this stuff today is that I’ve noticed how similar food and personal finance are.
Food: We know we should be eating better, but we don’t. We don’t keep track of what we eat and have no idea how many calories we’re actually eating. (We think we do but we’re completely wrong.) Our friends have pet theories about what’s good to eat, but it’s rarely informed by data and it’s mostly minuatie (“you should eat nuts 18 minutes before sleeping!”). We say we’re going to cook at home more, but never find time to. We spend too much on food.
What’s interesting is that I feel completely comfortable managing my personal finances, but the food issue–a close parallel, I think–is really intimidating. Realizing this has really opened my eyes to how hard it is to get started on a goal, whether it’s personal finance or eating better.
Sometimes, you get the most interesting insights from places you wouldn’t expect. Years ago, Tim Ferriss invited me to ...Read More