Showing posts with label bias. Show all posts
Showing posts with label bias. Show all posts

2013-09-18

Money In The Bank Is Freedom On My Back

"Money in the bank is freedom on my back."

I'd like to know what your first impressions are in the comments below this post.

(Now, the rest of the story)

This is the advice that I was thinking about giving my friend. Two more ways of putting it are "Money in the bank is freedom of choice" and "Money in the bank is peace of mind".

Basically, the point I want to get across is that you don't have to spend all of your money as soon you get it. Every time you buy something it is either consumed right away, or it is just something that you will have to worry about.

Then again, this could just be my personal biases coming out. I prefer to be more minimalistic, thus, I tend to think that it is more right to own less things. (Sidenote: I also like to keep enough tools on hand to be prepared for just about everything.)

If I had more money to spend, then I would want to put it into things that will last. Food and candy doesn't last. Electronic goods are one of my favorite and "required" purchases. But, probably even better purchases are experiences. Being able to do something that you haven't done before. Those are the things that are going to last a lifetime.

And, since I'm just free-writing now, probably the other best use of money is to spend it on things where the rewards/benefits are greater than the cost. I guess that just provides a good generalization for how money should be spent. Unfortunately, some people's idea of benefit can be greatly biased when thinking about themselves. So, to change up the generalization a little bit and reduce the bias just a little bit (this works for people who know they have bias), I have arrived at the following: Probably the other best use of money is to spend it on things where the benefits to others exceed the costs to oneself.

This was not to anybody in particular. Just conversing with myself... =]
~ Simply Advanced ~



2013-07-11

Idea: Delete All Your Music

(Do you like discovering new things? Or do you feel that you are in a musical rut?)

Well, I love music and have a playlist for every occasion and in just about every genre.

Or so I think...

This next experiment has three steps:
1. The first is "deleting" all your music off your computer. (When I say delete, you can just move them or choose not to access them.) This way you aren't temped as easily to just go back to the old ways.
2. Forget about all of your favorite artists. You are biased, so you can try to limit your biases.
3. Search online for "Random Music" or "Music discovery service". The later is probably better if you feel that you are picky about your music.

Try this out for a week. And I'm sure you'll be pleasantly surprised with the results and the great new artists and music discover services that you find.

~ Simply Advanced ~

ps - In order to keep my biases out of the process, I decided to keep my favorite music discovery services off this post. If you would like to know them, then please feel free to message me and add me on Google Plus. On non-mobile screens, there is a link somewhere on the right side of the page.