Easy Change

Three next thoughts. As part of the process of going through Covid, and coping with the economic slowdown, I am having three thoughts that are driving my financial decisions that I thought I would share: Nothing that people are doing to live and be happy will go away permanently. The implications for this are pretty big. That means, people will continue to eat, sleep, breathe, exercise, have sex, have children, build businesses and homes, and travel.  Just sit back and think about that for a minute. With all of the doom and gloom that is in the news about the virus, people have begun to feel deeply depressed. I think we may see things that will irrevocably change our way of life in the western world. This may change our way of choosing to live, partially due to regulations, and partially due to preferences.  But I feel confident there will also be a true reversion to the mean. (When is the question.) Sitting in August, I already see it. And so I think that there is a real oppo...

Or at least, I'd like to be able to! That's why I get upset when people post their net worth on NetWorthIQ.com. I am sitting here at home, diligently working on my finances or at work, updating by budgetting spreadsheet and then I find out that Kira2001 or CatLover44 or BurnThruCash has a net worth that dwarfs mine by about 400k. And that is annoying. I don't begrudge people their money or their net worth. Heck, my household net worth is doing well as of december, (up over 20k), which is a significant improvement over last month. But the fact of the matter is this: NetWorthIQ is misleading. It is a great site for people that really want to track their net worth over time, but the searches that return sparse amounts of what I think are slanted and inaccurate sets of data are annoying. When I put my info into the site, I want to compare myself with people who are using the site the same way I do: diligently each month. When I compare myself with people who are doing something...