Category Archives: feeds

From the feeds: Saving money, making money, balancing life, reading books, and making rainbows

  • PassionSaving shares ten money-saving tips: focus on getting over the $100,000 hump (yay!), add income tax when you consider costs, multiply by 25 to estimate capital needed for each of your spending categories, translate money into time, have short-term savings goals, focus on your goals, save for particular changes you want to make, think of saving as a normal thing to do, spend consciously, and be mindful of your limited savings potential.

    I started calculating the time cost of things when I came across that tip in Your Money or Your Life (Vicki Robin, Joe Dominguez, Monique Tilford). I calculate my rate after I take out my savings and fixed expenses. To avoid getting confused about whether I’m using an 8-hour workday, a 16-hour waking day, or a 24 hour day, I calculate a daily rate instead. It makes it easier to stand in front of something and think: yes, that’s worth a day of my life; or no, I’d rather be financially independent a little bit earlier.

    Hat-tip to Lifehacker for the link!

  • David of Money under 30 shares how he makes money blogging. He focuses on affiliate advertising. If I develop a blog as a part-time source of income, I probably wouldn’t want to deal with the hassles of filtering Google Adsense ads that I don’t agree with or that I find offensive, so affiliate advertising, information products, and/or services might be the way to go.
  • David Seah’s diagram of work-life baselines nudged me to visualize my time and figure out more about my activity requirements. I don’t have the kinds of rules of thumb that he has, but maybe someday! So far, I know that I’ve got about 4 hours of discretionary time to work with on weekdays, and that sleep hovers between 7.5 and 8.5 hours. Going to bed at 11 means I’ll get up at around 7 or so, and that means I’ll be at work by around 8:30. An hour of tidying is enough to start laundry, sweep the bathroom, and put away clothes. Homework help and socializing takes around an hour, too.
  • We’re always interested in good books to read, so I’m looking forward to checking out Katie Zenke’s recommendations for geeky books for kids. The comments are great, too.
  • This rainbow layer cake looks great. It makes me think of Nyan Cat.

Lots of interesting posts turn up in my feedreader. I’m thinking of sharing highlights weekly so that I nudge myself to go back and review them, see what I’ve done with the information, and share the ideas with you.

From the feeds: entrepreneurship, teaching, biking, riding

  • Tim Ferris writes about how to estimate your market size using Google and Facebook so that you can see if your business idea might have a million dollars’ worth of customers. I like reading about entrepreneurship, although I’m postponing getting started because I’ve got a lot of projects going on right now. It is possible to build really cool things in one weekend, so that’s tempting…
  • Alas, A Blog writes about making a school appearance over Skype. I think it’s awesome that videoconferencing makes it possible for teachers to bring all sorts of role models into their classrooms. I hope J-‘s school tries this out.
  • David Seah shares a template for outlining books. I like the idea of using the physical structure of the book (pages) to build its logical structure. The template takes more space than my “dogear and then transcribe into an Org text file” approach, though. (I’ve tried book darts, but they’re hard to place on the go.) Maybe I’ll try this template for some of the nonfiction books I’ve got on the shelf…
  • The New York Times describes the bike culture in the Netherlands, and how it permeates life. It’s in the little things, like how Dutch drivers learn to open their doors with their right hand, forcing them to turn and look for bicycles. I had a lot of fun biking in the Hague when we visited friends, and I wish Toronto was as much fun to ride in (and as flat!). Hat-tip to Ben Casnocha for sharing the link.