Finance for the People: Getting a Grip on Your Finances

each person knows what’s right for them; they just need to develop their sense of listening to their own voice.

The recipe is perfect: negative emotions + gaps in information about the world of money and our own minds x inequality = weirdness and problems.

A buffer is the cost of feeling secure and the amount you choose for your buffer will depend on what you feel comfortable with and what you can afford.

eudaemonic approach. It can be summarized as an approach to well-being through six dimensions: “(1) self-discovery, (2) perceived development of one’s best potentials, (3) a sense of purpose and meaning in life, (4) investment of significant effort in pursuit of excellence, (5) intense involvement in activities, and (6) enjoyment of activities as p

so you can eliminate unnecessary decisions. When you eliminate these unnecessary decisions, you reduce the potential for making a crappy decision.

In moments of powerlessness, I try to expand my circle of control by focusing on the things within

become less about arriving at a destination and more

when we know the things shaping us, we have a chance to change our shape.

There’s the Bills & Life group for essentials, the Fun & BS group for nonessentials and then the Future & Goals group, a broad category for all the various things you are saving for, including what you put into investment accounts.