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.
21 Practical Lifestyle Experiments You Can Conduct For A Better Life 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. (@ pick the brain)
Do You Rebalance These Days? 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. (@ free money finance)
Learning to Live with Risk 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. (@ five cent nickel)
Financial Advice for People Who Aren’t Rich I really liked this article about startup companies that seek to provide financial advice tools to people who don’t have exceptional wealth. (@ new york times)
Taking your time doesn’t scale That’s why giving your time to someone, like with a handwritten note, can mean so much. It takes time to do those things. (@ seth godin)