Here’s a little experiment to try:
Think back 10 years ago. Consider where you were in life. What were you doing? Who were you hanging out with? What was life like? Now, think of two specific memories:
- Something you bought. Think of a physical thing. Maybe it was your first iPod. A car. A big stereo.
- Something you experienced. Think of something more abstract. A vacation. The birth of a child. A sports league you were in.
When you compare these two things side by side, ask yourself, “Which of these things makes me more happy today? Which do I care about more and look back on with more happy memories?”
If you said the experience, you just confirmed decades of research into the science of happiness: doing things makes you happier—over the long-term—than having things.
Of course, you already know this intuitively. But what you might not know is why. And, in the world today, the urge to overwhelm ourselves with material things—gadgets, cars, bigger houses, toys—is great.
Here’s why having lots of novel experiences will make you happier than buying things, and a new way to think about using your money and time to make sure you spend it on things that will still matter to you tomorrow.… Continue Reading →
A few days ago, I did something I never do: I checked on my investments. I almost never do this because I try to make everything I do a long-term commitment, and paying attention to the day-to-day of how things are going is a distraction.
The other day, I saw a headline saying the DJIA (a common stock market indicator) had dropped over 200 points in a single day. Every talking head on TV and writer for financial news was sounding the alarm: “The market is ‘crashing!’ Is this the end of prosperity? Is the world plunging into despair again? (Tune in at six, and we’ll tell you).”
Of course, this is the kind of news that gets reported every day regardless what’s happening in the world. Every piece of information is either the greatest thing to ever happen to humanity or the beginning of the end times.
I thought this particular incident was funny, so I decided to look up a little, widely available historical info to compare it to.
The following is a series of seven graphs—all looking at the same financial data—over a long period. What they reveal is a fantastic argument for why you should ignore the daily ups and downs of your life and, instead, look for the steady progress as an indication of success.… Continue Reading →
We’ve all been there at some point—working a dead-end job we’re sure is a horrible fit just to pay the bills. If you haven’t, congrats! You’re one of few.
One of the most confusing things about dead-end jobs, though, is you often don’t know you’re in one. You might suspect things won’t work out, but something always complicates the situation: you’re good at the work, your co-workers are nice, you like your boss, etc.
If you have goals and aspirations for your career, though, it’s important to look at your work with a critical eye. Is the path you’re on now one you can reasonably expect to get you to the place you want to be?
I asked our community over in The Riskology Lab, “What are the tell-tale signs you’re in a dead-end job?”
Together, we came up with a list of characteristics that can help you figure out if you are, in fact, in the wrong place. Have a look and decide for yourself.… Continue Reading →