Tag Archives: financial coaching

Burnout, Variety and Crop Rotation

I’ve written a lot about the value of habit formation and repetition. I’ve been riffing off Aristotle (or whoever it was) who said: We become what we repeatedly do. Habits are super-important. Lockdown has been an opportunity for me to change my diet habits and I’ve been off alcohol (with surprisingly good results) in 2021. I like […]

You can’t control The Outcome, you can only control The Process (Part 2)

Aristotle said: We become what we repeatedly do. This neatly summarises the transmission mechanism between actions, routine, habits and, eventually, identity. Actions are things we do. Maybe once. Maybe everyday. Frequency and repetition are the magic ingredients that change actions into routine and then eventually into habits. Eventually habits sink in so deeply that they […]

You can’t control The Outcome, you can only control The Process (Part 1)

Getting to financial independence is a bit like cycling to Paris or running a marathon. Other people have done it, so we know that it must be possible. But it seems like an intimidating distance if you haven’t done it before. The Outcome is reaching Paris or the finish line. What is The Process? Well […]

The Elephant and The Rider

If you think that everyone uses logic for important decisions, you’re setting yourself up for a lifetime of confusion. Sure, we like to think of ourselves as logical creatures. But a quick look at history, evolution and physiology reveals this to be incomplete at best, misleading at worst. Consider the evolution of the human mind. We […]

Now That’s What I Call Financial Independence! 23

First they said it was a fraud. Then they said it was stolen from them. Then they went to The Supreme Court and demanded a recount. So we re-counted and had the results independently verified. And it really is Now! 23 Yes, that’s right…The Escape Artist is back to review more classic songs about financial independence in […]

Get Rich Slowly, Get Started Quickly

Getting rich slowly is the safest way. Getting rich slowly is the most reliable way. It may be the only realistic way. Waiting to win the lottery is waiting to be chosen by a universe that’s indifferent to our existence. Day trading only makes the banks and brokers rich. Working at a startup is much better […]

It’s Good to Talk (Part 2)

In It’s Good To Talk (Part 1) I explored what I learned in therapy (on the counselling courses I did at college last year). It’s good to talk but I’ve noticed that people often steer clear of talking about money…even though it has such an important role in our lives. Why the historic taboo around […]

Choosing a global equities tracker fund

The financial media and the financial services industries bombard us with marketing, jargon, junk data and misinformation. The result is that people new to investing who need to make a sensible fund choice in their workplace pension or their stocks & shares ISA get overwhelmed with information overload…leading to confusion and procrastination. With interest rates […]

Billionaire Librarians

Today we have some wise words from Alan Donegan, founder of The Pop Up Business School which runs free classes on how to start / grow a small business. You could apply his advice to starting investing, starting a business, getting fit…or anything really. Enjoy! If the answer was more information, then all librarians would be billionaires.  Librarians have access […]

The Aggregation of Marginal Gains (Part 2)

The key insight from The Aggregation of Marginal Gains (Part 1) is that every little helps. The little things, if done better, all add up to create great results over time. If you can make lots of small improvements in different areas, they all add up to the sort of world-class performance that wins you a long […]