Dean's Notes (Mar 2022)

How to Stop Worrying About Money

Money is personal.

Everyone has his or her own opinion about it. After all, it's your money. You have all the say on how you want to allocate and use it.

But the one thing that is universal about money: everyone worries about money at some point in their lives.

If I'm being honest, I worry about money all the time.

Maybe not all the time. But I started thinking about making a living at the age of 16. Because I'm not coming from riches, I constantly worry about not having enough.

The sense of insecurity eases off as my income grows.

However, I still fall into the deep hole of "not-enough-ness" and "what-ifs" once in a while.

My wife hates it when I do that. Me either.

So I came up with a list of money rules to tame my paranoid monkey brain when it comes to money.

Read about my 5 money rules

I'd love to hear from you

Have you ever worry about money? How did you deal with it? What are some money rules you have in place to manage your finances?

I'd love to hear about your experiences and insights and possibly share them with other readers here.

Simply reply to this email and let me know.

Book of the month

Atomic Habits↗ by James Clear

Summary in 100 words or less: Habits are the compound interests of self-improvement. True behavior change is identity change, and every action you take (habits) is a vote for the type of person you wish to become (identity). To create a good habit: make it obvious, make it attractive, make it easy, and make it satisfying. To break a bad habit, make it invisible, make it unattractive, make it difficult, and make it unsatisfying. You don’t have to build the habits everyone tells you to build. Choose the habit that best suits you, not the one that is most popular.

A couple of notes

Our Identity Will Change and That's Okay↗ My money rules have gone through multiple iterations. So do my identity. Here are my thoughts on renewing our personal identity and growing in a new environment.

10 Google Calendar Tips to Increase Your Productivity Today↗ If you're using Google Calendar for meetings and appointments, you don't want to miss this Tweet thread by Blake Burge.

Efficiency is the Enemy↗ There’s a good chance most of the problems in your life and work come down to insufficient slack. The takeaway: make time to do nothing. Read more to find out why and how.

You're Not That Focused, Learn to Ignore↗ Focusing is about ignoring. Wanted to be more focused? Ignore people, devices, and distractions (especially those coming from your mind).

How Do Investors Fail?↗ Studying negative outcomes can be just as useful, if not more useful, than studying positive ones. To succeed and win as an investor, learn how investors fail.

Endnotes

That's it for the month!

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