Goldโ€™s utility makes it worse money. Do you know why?
Most people donโ€™t have an โ€œemergency fund.โ€ They have a fear fund โ€” cash that melts while inflation compounds against them. In Emergency Economics, I break down why the โ€œsafeโ€ choice of holding cash might be your biggest financial mistake โ€” and how to build true resilience through rational, compounding assets instead of fear-based ones. Read it here ๐Ÿ‘‡
On a day like yesterday, thereโ€™s only one thing to do
Most people plan their finances FORWARD. But the Stoics would tell you to plan BACKWARD from death. Itโ€™s a bit morbid โ€” but it can help you buy your life back, one year at a time. ๐Ÿ’€ โ€œWorking Backward from Deathโ€ โ€” new FIRE BTC drop. ๐Ÿ‘‰
If you canโ€ฆ ๐Ÿ‘ถ raise a child ๐Ÿš˜ drive a car ๐Ÿ“– read this post โ€ฆyou can self-custody your bitcoin.
One re-frame that can make your FIRE journey easier: Fund your last year first! If youโ€™re 40 and expect to live until age 95, you only need to save ~$5k at 5% real annual return to cover $80k of expenses. Thatโ€™s bite-sized savings.
My dad paid $156 for tuition for a semester of college in 1971 ๐Ÿคฏ image
New ATH last night, eh? image