Money Management

Money management offers a tour of research on the science of spending, explaining how you can get more money.

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Do what you do so well that they will want to see it again and bring their friends. Walt Disney

Saturday

Work is Therapy

You know that feeling you get when you haven’t been to the gym in a few days? A bit doughy. Irritable. Claustrophobic. Uncertain. Others get a similar feeling when they've been on vacation for too long or right after they first retire. The mind and the body are there to be used—they begin to turn on themselves when not put to some productive end.

It’s sad to think that this kind of frustration is an everyday reality for a lot of people. They leave so much of their potential unfulfilled because they have jobs where they don’t really do much or because they have too much time on their hands. Worse is when we try to push these feelings away by buying things, going out, fighting, creating drama indulging in the empty calories of existence instead of finding the real nourishment.

The solution is simple and, thankfully, always right at hand. Get out there and work.
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Friday

Wants Make You A Servant

In the modern world, our interactions with tyranny are a bit more voluntary than they were in ancient times. We put up with our controlling boss, though we could probably get a different job if we wanted. We change how we dress or refrain from saying what we actually think? Because we want to fit in with some cool group. We put up with cruel critics or customers? Because we want their approval. In these cases, their power exists because of our wants. You change that, and you’re free.

The late fashion photographer Bill Cunningham occasionally declined to invoice magazines for his work. When a young upstart asked him why that was, Cunningham’s response was epic: “If you don’t take money, they can’t tell you what to do, kid.”

Remember: taking the money, wanting the money proverbially or literally makes you a servant to the people who have it. Indifference to it, as Seneca put it, turns the highest power into no power, at least as far as your life
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Thursday

Things Happen in Training

By seeing each day and each situation as a kind of training exercise, the stakes suddenly become a lot lower. The way you interpret your own mistakes and the mistakes of others is suddenly a lot more generous. It’s certainly a more resilient attitude than going around acting like the stakes of every encounter put the championship on the line.

When you catch an elbow or an unfair blow today, shake off the pain and remind yourself: I’m learning. My sparring partner is learning too. This is practice for both of us—that’s all. I know a bit more about him or her, and from my reaction, they’re going to learn a little bit more about me too.
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Wednesday

You Are The Project

Professionals don’t have to justify spending time training or practicing their work. It’s what they do, and practice is how they get good at it. The raw materials vary from career to career, just as the locations and duration vary depending on the person and the profession. But the one constant is the working of those materials, the gradual improvements and proficiency. According to the Stoics, your mind is the asset that must be worked on most—and understood best.
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Friday

What Is In Keeping With Your Character?

It is easy to get wrapped up in our own opinions of things. It’s as if we’re adhering to invisible scripts following instructions or patterns we don’t even understand. The more you question these scripts and the more you subject them to the rigorous test of your education, the more you’ll be your own compass. You’ll have convictions and thoughts that are your own and belong to no one else.

Character is a powerful defense in a world that would love to be able to seduce you, buy you, tempt you, and change you. If you know what you believe and why you believe it, you’ll avoid poisonous relationships, toxic jobs, fair-weather friends, and any number of ills that afflict people who haven’t thought through their deepest concerns. That’s your education. That’s why you do this work.
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Thursday

Washing Away The Dust Of Life

It is almost impossible to stare up at the stars and not feel something. As cosmologist Neil de Grasse Tyson has explained, the cosmos fills us with complicated emotions. On the one hand, we feel an infinitesimal smallness in comparison to the vast universe; on the other, an extreme connectedness to this larger whole.

Obviously, given that we’re in our bodies every day, it’s tempting to think that’s the most important thing in the world. But we counteract that bias by looking at nature at things much bigger than us. A line from Seneca, which has since become a proverb, expresses Marcus’s insight well: Mundus ipse est ingens deorum omnium templum (The world itself is a huge temple of all the gods).

Looking at the beautiful expanse of the sky is an antidote to the nagging pettiness of earthly concerns. And it is good and sobering to lose yourself in.
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Wednesday

Be The Person You Want To Be

An archer is highly unlikely to hit a target she did not aim for. The same goes for you, whatever your target. You are certain to miss the target if you don’t bother to draw back and fire. Our perceptions and principles guide us in the selection of what we want but ultimately our actions determine whether we get there or not.

So yes, spend some time real, uninterrupted time thinking about what’s important to you, what your priorities are. Then, work toward that and forsake all the others. It’s not enough to wish and hope. One must act and act right.
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