I was recently inspired by this Twitter exchange between The Minimalists and The Container Store (yes, this really happened). The logic here is sound, but don't let it stop you from treating yourself once in a while! -CZ — The Container Store (@ContainerStore) May 27, 2018 Treat yourself? Those are the words of a playground drug dealer. Going to the @ContainerStore to fight clutter is like visiting a gourmet cake shop to combat obesity. https://t.co/ftJSVnWFzP — The Minimalists … [Read more...]
Experiences vs Things: A Thought Experiment on Spending Money
This has been top of mind for a few years now — the experiences vs things showdown. We've all seen the headlines — spending is shifting from things to experiences. And, apparently it makes us happier. Blame Millennials for your favorite thing-based business going out of business. Well, what's the truth? Experiences vs Things Research There are research studies that try to resolve this never-ending debate. I've pulled the abstracts from two of the more recent studies below — the … [Read more...]
FIRE 101: What is FIRE (Financial Independence Retire Early)?
This is the first post in a three part series. Last year, I found myself going down one of those internet rabbit holes on the topics of financial independence and early retirement. But, this wasn't just a one night rabbit hole. This was more of a black hole. I ended up giving myself at least a two-month crash course on all things FIRE (Financial Independence Retire Early). Turns out there's an entire online community dedicated to FIRE. These people are the ultimate personal finance … [Read more...]