Psychology of Spending


59 Posts with this tag

How to Think

It is okay to be selfish

I'll say it: Selfishness is good. It means we put ourselves above everyone else. We focus on what is best for us before we think about those around us. Although I may sound like a jackass, prioritizing ourselves over others is good. It's natural. It's how we improve. I would not be retired right now if I thought of others first. There are people who believe that I'm living off of the fat of the land by retiring in my 30s. I've been called virtually every name in the book. People hate early ret
Apr 10, 2017·4 min read
How to Think

What if we gave everyone a guaranteed basic income?

Try this one on for size: Would a basic income solve our nation's social problems by blindly cutting checks to every person of legal working age and nixing expensive social programs like welfare and social security? It is a profoundly interesting topic, and debatable until we are blue in the face. Studies from around the world have attempted to uncover how realistic a basic income would be, but few of them have led to any credible conclusions. Would a basic income solve our problems? In the Un
Feb 20, 2017·3 min read

Talking Money Over Turkey // Breaking the Family and Money Taboo

Hey folks! I am absolutely delighted to bring you another guest post today, this time from the one and only Our Next Life . They are two awesome mountain-dwellers who have taken their financial freedom by storm and have a lot to be thankful for. Today, they are writing about talking money over turkey. Let's go! Mr. and Ms. Our Next LifeThanks so much for hosting me, Steve! I’m delighted to be here on Think Save Retire. Thanksgiving is hands-down my favorite holiday.
Nov 16, 2016·6 min read

That time I was almost bat-shit stupid...again

Back in 2010, I did something dumb. Okay, not just dumb, but certifiably bat-shit stupid. To this day, I kick myself every time I look at it. I mean, I "like it" I suppose, but it's just an object. A "thing". Why did I spend so much money on this thing? And believe it or not, a few years down the line I almost committed an even bat-shittier, stupider crime against my future self. I damn near went into further debt to upgrade that bat-shit stupid thing I bought in 2010! A sign on the wall damn
Oct 19, 2016·4 min read
How to Save

Choosing to be homeless: How I'd live out of my car

If I ever chose to be homeless, this is how I'd do it. I would live in my car, spend time in co-working spaces and use their refrigerators to store food.
Jul 25, 2016·4 min read

Minimalism documentary review: About the important things

The Minimalist Film is a well-produced minimalism documentary that talks about endless American consumption, but it's largely repetitive and stale.
May 26, 2016·4 min read
How to Think

Never strive to eliminate fear from your life - fear is healthy!

Fear is one of the healthiest emotions in existence and one that humans have used for thousands of years to stay alive. It keeps us safe. It gives us confidence. In many ways, fear is empowering.
Mar 21, 2016·5 min read
How to Save

How quickly can you spot an impulse buy?

The impulse buy - they are one of the amazingly tricky types of buying that exist for most people.  They are emotional purchases, but they can be stopped!
Feb 22, 2016·4 min read
How to Save

Despite market losses, we're up over $150k in 2015

Despite market losses over the year, we still managed to pack a solid wad of cash on to our net worth through meticulous (and automatic) contributions into our retirement accounts. We don't have to think about it - through automated systems, the money gets saved where we want it.
Jan 13, 2016·3 min read
How to Think

How we use Personal Capital to track our money

Personal Capital has changed the way that we track our financial lives. Using colorful charts and linked accounts, everything's in one place.
Jan 11, 2016·6 min read
Christmas time

Merry Xmas, Happy Holidays and we are off to Key West

Whatever it is that you're doing this day, I wish you Merry Christmas if you celebrate, or Happy Holidays if you don't. And if you refuse to acknowledge the holidays altogether, then hell, enjoy the living daylights out of whatever you're doing today! The fishin' is good in Key West!For my wife and I, this is our last day in Arizona before we head out to Key West, FL to spend a week with my folks. Actually, yesterday was our last full day, as we're catching a plane early today and spending the m
Dec 25, 2015·1 min read

What if everyone stopped paying attention to others?

Are you paying attention to the fake online personas of your friends? Tt seems everybody is too big for their britches, absurdly busy every second of the day doing exciting things and posting about them online.
Dec 14, 2015·6 min read