Once every few weeks, I spend an entire morning and early afternoon at the library. I take a notebook with me, grab a pile of personal finance books, and hide in the corner for several hours.
I usually grab several newer books that I’ve never seen before along with some old favorites like Your Money or Your Life.
My process is simple. I start digging through the new books, looking for approaches that are at least a little different than what I’ve thought about before. Rather than just copying them, though, I try to “link” those new ideas to the classics that really worked for me, along with mixing in my own experiences.
Ideally, I leave the library with a long list of ideas, filling up a dozen or so pages in my notebook. Those provide the fodder for quite a few articles over the next month or two.
It is really worthwhile to experiment with your life and see if you can find better ways of doing things. If you improve things, then you’ve found a better way to live; if it doesn’t make things better, then you can just go back to the way things were before. (@ )
Although the post is simple, the question made me think. My parents would balance their checkbook each month using the bank statement. I don’t really do that. Why? I use online banking so much that it’s basically a constant state of rebalancing. (@ )
Moving from the almost zero risk level of a savings account to the roller coaster of risk that is a stock market investment can be hard. (@ )
I really liked this article about startup companies that seek to provide financial advice tools to people who don’t have exceptional wealth. (@ )
That’s why giving your time to someone, like with a handwritten note, can mean so much. It takes time to do those things. (@ )