We’re told time and again of the need to flex our money muscles: be frugal, earn more, yaddah yaddah… But what if sane financial management goes beyond deciding to get a cup of latte OR save four dollars? What if?
Just as I was about to stop scouring the web for personal finance links, one timeless post for NY Times’ Bucks Blog appeared.
Author Carl Richards resolved on an important course of action early this year: “Think Less About Money.”
It’s timeless, what with all the money-centric approaches to living we feed on everyday. I’m as guilty as Richards for thinking too much of the yet unrealized future. In fact I was too anxious that I heavily rely on money forecasts from my Pocketsmith account.
More from Richards.
Controlling how much I think about money and maintaining my balance may be easier if I remember to do a couple of things:
1) Take a media fast: A few days each month, I’ll specifically avoid thinking, reading and maybe even talking about the financial markets and the economy or anything related to personal finance.
2) Pay attention to my emotions: Money is an emotional subject for most of us. It certainly is for me, and I believe it will be helpful to me in the coming year to be more present and aware of my feelings about money. Doing so may be as simple as considering how I feel when I get my monthly investment statement or when a medical bill arrives in the mail. I’m not sure what I’ll do with what I learn, but I think acknowledging those feelings and being aware of their potential impact will be important.
With Occupy Protests challenging the social role of money, we’re given two options: (1) support a system that’s no longer sustainable (2) adopt a sane alternative.
Modern thinker James Robertson invites us to choose the latter course, he’s “working for a sane alternative” and invites us to do the same. His books are downloadable for free.
I’m reading Beyond the Dependency Culture: People, Power and Responsibility. Other two titles sound really interesting. Future Work: Jobs, Employment and Leisure after the Industrial Age and The Sane Alternative.