Many people fail to change their habits because they focus limitations, not the opportunities that arise from those limitations. Restrictions can actually create more variety in your life. The Paradox of Choice The reason restrictions often add new variety is in the paradox of choice. The paradox is that, given more choices, people often make […]
Financial Freedom
Financial freedom isn’t the same as being rich. Although people often confuse the two, they are completely separate goals. One person could be completely financially free earning $15,000 per year. Another person could be trapped, even with millions of dollars. Last week, I touched on the topic of financial freedom. I wrote about my goal […]
The Effort Threshold
Last week, I wrote about how a major cause of failure is simple: not working hard enough. If you’re only spending 30 minutes per week at the gym, your specific exercise plan doesn’t really matter. You aren’t reaching the minimum effort threshold needed for success. The idea that all goals have a minimum effort threshold […]
Friday Links 09-03-27
From the Web I Will Teach You to Be Rich, Released – Ramit’s first published book went on sale this week. I received a few advance press-release chapters, and I’m looking forward to reading this book. Unlike other personal finance books which either focus on obtuse speculation tips or silly suggestions for saving money on […]
I'm a Wall Street Journal bestselling author, podcast host, computer programmer and an avid reader. Since 2006, I've published weekly essays on this website to help people like you learn and think better. My work has been featured in The New York Times, BBC, TEDx, Pocket, Business Insider and more. I don't promise I have all the answers, just a place to start.