Hi friends, How are you doing??
Welcome to another issue of my newsletter where I share my thoughts and lessons on personal finance, investing and more.
If you are new here,
Looking at my previous issues, it seems I have turned into somewhat a philosopher(the philosopher investor). LOL
I was initially going to write about mortality and friendship today, but I changed my mind.
Now I want to write my philosophy on personal finance. Philosophy sounds big, but I refer to it as things I believe to be true and how I view them.
While I haven’t started writing on it yet, I think my newsletter would be a good place to share and refine as I go.
My end goal at the moment is a long-form article that breaks down the simple things on personal finance based on my understanding. So, Let’s get to it right away.
Personal finance is first and foremost, personal. It has everything to do with the individual. Just like everyone has different tastes, size and sense of fashion, the same applies to personal finance.
Yes, there might be groupings but leaning to one group or the other should not override the individual preference, nature or situation.
A lot of people I believe miss this point. This is because most advice are generic and are given based on the advisors perspective. The advice should be in the interest of the reciepent. When giving advice, one should be aware of biases and blindpots.
That’s why there is personal in personal finance. Rules and anecdotes are to be applied based on the individual situation. As all advice sums to zero.
“Let one not decide to invest when he has not eaten.”
That’s it for this week on my ‘philosophy’ on personal finance.
Moving on ….
I read an article that has me pondering seriously. At the moment, I am still questioning if I am on the creator’s bullshit pyramid and my position on it.
Thinking of it, I am at least aware when I begin to “quote other people who quote other people, and the insights can often be traced back in a recursive loop.”
This, with the concept of meta -content creators, makes sense. Creators create about creating instead of creating. I’d have you read them instead of summarizing the articles for you.
The major take away lesson is, create things, build and ship. Don’t sit to write about thinking about building.
Thanks to Naomi for sharing the article.
PS: You should subscribe to Noami’s Mind Your Bite, a weekly newsletter where she shares tips to help busy creators work less and achieve more.
Pictures
Readings
The Creative World’s Bullshit Industrial Complex
Tools
That wraps it up for this week.
Hi Muhammad, thanks for the mention! Glad I shared something that strikes the chord with you. The concept stayed in my head for days and it made it think about my way of creating content online.
I realize I haven't spent much time writing things that add value. I really want to invest more in writing long-form content on topics that I'm obsessed about.
Also, thank you for sharing "The Meta-Creator Ceiling", the essay just made the point clearer, and I have more motivation to create than ever.