01/31/2022: Weekly Briefing
This year I decided to try something new and have a ‘word of the year.’ I listened to this podcast episode where the host talk about using a word to help guide you for the new year.
I decided to choose “impact” because I’ve had trouble prioritizing tasks and how to spend my time. It seems there’s a neverending list of to do’s, projects, and things to do. As a way to organize my time, I’m trying ot use ‘impact’ as a way to put the most impactful at the top.
I’ve also thought about this in the context of managing my money. I’ve realized that sometimes I can be “pennywise and pound foolish.” I will spend more time on requesting a refund for a $10 purchase than spending time on requesting out-of-newtork reimbursements for expensive doctor’s appointments from my insurance (which definitely would save me much much more than $10…).
I don’t know why I do this. Maybe something about being overwhelmed by the cost of health care, or maybe it’s easier to conceptualize $10 than larger amounts.
In any case, I’m using “impact'“ as a way to help me be more conscious of how to spend my efforts and put the things with the biggest impact—whether it be money saved/invested, joy created, number of people affected—at the top of the list.
Has anyone else faced this? Do you have a word or theme for this year?
Money & Crypto
Rent up 14% vs last year in US… how is this sustainable? (Washington Post)
“I have to say I have no idea how cryptocurrency investments are regulated under U.S. securities law right now.” and other thoughts from Matt Levine on SEC crypto regulation (Bloomberg)
How to create your first NFT (CoinDesk)
How blockchain tech works with the EU’s GDPR’s data regulation (CoinDesk)
IMF forceasts 4.8% growth in China (WSJ)
Personal finance on TikTok…(maybe I should be getting into this game…?) (The Economist)
Etc.
LA Rams will play Cincinnati Bengals on Feb 13 for Superbowl
Rafael Nadal wins 21st grand slam in exciting Australian final
Tom Brady retiring from football
Disclaimer: All opinions are my own. The content on this site and on the podcast does not constitute financial, legal, accounting, tax, or investment advice.
