The sequence of events is consequential when we cook a meal, tell a story or travel to a destination. Instructions and directions are ordered, stories have sequential acts and arcs that depend on events. Itโs the way things are, we accept this.
The same thing is true in the world of saving and investing. The chronology for both how you save (and invest) and where you save (and invest) matters.
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Paradoxes are fancy literary devices that can teach us lessons through the use of logical contradictions. Examining them allows us to practice our ability to hold opposing ideas in our minds at the same time.
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The funny thing about money is that itโs an artificially limited resource controlled by The Federal Reserve. The Fed tries to manipulate our economy by changing the amount of money in circulation, the money supply. Itโs not a precious metal or non renewable resource and itโs not backed by gold. Itโs printed on a machine. Most transactions these days arenโt even done in printed cash, they happen through bits and bytes and binary codes going from one bank server to another.
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How awesome would it be to be able to predict how much money you think your small business or freelance practice will earn each month, quarter or year? Pretty awesome, right? You're thinking, "But Paco, my business is totally seasonal. There is no way I can predict it." And my response is, "You can. But have to be willing to look at other data points you might not have been looking at before and change your ways." In other words, if what you've been doing hasn't been working, you should change your methods.
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