My thoughts on where to start when looking at ICOs and new crypto tokens.
This was originally posted several months ago on Dumb Little Man. Gaining financial independence won’t happen overnight, nor will it happen only by knowing how to cut costs. But those are great ways to start. As many sports fans say, defense wins championships. Playing great defense with your money is the best way to … Continue reading Playing Great Defense With Your Money
Groupthink has been around for as long as humans have formed groups and made decisions together, yet this foundational psychological concept didn’t really get formalized until 1972. A psychologist named Irving Janis coined this term and gave the world its first real look at groupthink, now commonly used in our popular culture. We’ll discuss one … Continue reading A Thought on Groupthink
Loss aversion is one of the most popular cognitive biases we have. Most people have heard of it, or at least know how it feels to lose something. We humans have this itch in our minds to avoid loss wherever possible. Going against this urge can feel like pulling teeth, but sometimes we just have … Continue reading Deciding Against Your Own Wishes
When it comes to personal finance, many people think that small expenses don’t matter. People share advice along the lines of: don’t worry about buying coffee everyday before work, don’t get all that bummed out about the costs you incur for dining out or for entertainment, don’t let it get to you that you’ll be … Continue reading Broken Windows, Broken Budgets
We humans are self-interested creatures. Our concern is focused on what affects us and we naturally see the world through self-colored lenses. And that’s okay. Actually, it would be almost impossible to be anything else. Every moment of life is spent living in the same mind and body, and with the same perspective stemming from … Continue reading Take Learning Twice A Week For Egocentrism
Here’s a story: Once there was a man who went to websites. He had a habit of putting things in a shopping cart, often dozens and dozens of items. But he would rarely buy anything. Eventually, he would just leave a website with his shopping cart still loaded with items he truly liked. He would … Continue reading On The Internet, Nobody Knows You’re A Debtor