What I’m reading: Automation, big savings, saving on rent
February 26th, 2009 - 10 Comments
“Making decisions is energy-consuming. Subjects who use their willpower to eat healthy radishes instead of the available and sumptuous chocolates are less likely to persist in solving unsolvable puzzles. Subjects who are told to suppress emotional reactions to a movie are less able to solve solvable anagrams. We have a limited amount of decision-making power to allocate on a moment to moment basis. That is why developing small but healthy habits that over time will become automatic is so money.”
Wall Street 4
Jared Goralnick: 20 questions your overwhelmed friends are afraid of, a spinoff of my 20 questions your financially unprepared friends are afraid of. Jared’s blog is a hidden gem on productivity and conscious action.
You make $50,000/year? That’s actually about $2,900 per month after taxes. This is one of the simplest, best articles I’ve found on the hidden costs of living that most people never consider (then wonder why they can never get ahead).
From Things I wish I’d been told
“She told me to write a letter. I did, and the supervisor agreed to shave $300 off our rent — saving us $3,600 this year. Here’s the letter I wrote.”
WSJ Wallet Blog: How to reduce your rent
“You see Ramit likes to focus on saving money where it really counts. He focuses on the big things in life that we waste money on rather than toiling away for three hours to save $4. I spent less than 30 minutes on the phone and saved $175.89. Much better than the money I saved at CVS yesterday.”
From My No Debt Plan
My friend, a perpetual Manhattan bachelor, just got into a relationship with a sweet girl. So naturally, we invited them ...Read More
One of my students asked this amazing question, and I loved it so much that I want to share it ...Read More