Want money advice that you can actually understand? So much money advice ignores who we are, our background, our values, and our emotions. I’ll show you how to be in better control of your money every week, even if you’re just starting out.
🧠 Consistent small actions > inconsistent big actions
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Hi friend, Welcome to the 350th issue of the Nerdletter! Regardless of how long you've been reading, thank you for being part of our journey to 350 issues. The most significant insight I've gained from publishing 350 issues of this newsletter is the unpredictable yet potent force of consistency. I’ve learned that consistent, small actions, like sending a simple email, can be more impactful than inconsistent, big actions. But often, the hardest part of remaining consistent is believing that your actions today can impact some nebulous positive outcome in the abstract future. Milestones like this are a good reminder to take small, simple actions, despite not entirely being able to predict the outcome. Investing a little bit over a long period will increase your chances of yielding exponential results. Being consistent about paying down debt can be a sustainable way to get out of it. For self-employed folks, a regular prospecting practice can help create consistency in income, which influences one’s overall financial picture. What are the small, simple actions you’ve stuck to over a long period of time that have positively impacted your financial life? How were you able to keep being so consistent in the face of uncertainty? What actions would you like to start taking today? I’d love to hear about your experiences. Don’t be shy; hit reply! P.S. If you’re looking for help with building consistent, small habits in your personal financial life, I’m partnering with Ladies Talking About Money to provide personal financial coaching and planning. Spots are limited; inquire here. Your friend, 1. ⭐ What My Bookkeeping Clients Taught Me About Pricing and Building a Sustainable Business (The Hell Yeah Group) Why you don't want to be the $1 oyster, the trap of pricing too low, the link between price and perceived value, the pool of potential clients and more. 6. 💸 Exploring Financial Kinks with Financial Dominatrix Mistress Marley (Weird Finance) In this episode of Weird Finance, Paco talks to financial dominatrix and entrepreneur Mistress Marley (@eyesonfire). In this episode, we talk about financial kinks, the psychology behind giving your power away, and advice for women wanting to enter the industry. From helping you get a grip on your spending to planning for retirement and tackling debt, we’re working with Ladies Talking About Money to provide personal financial planning. Our approach to money and personal finance is all about making it accessible, less scary, and meeting you where you are. We have limited spots available; fill out an inquiry form here. If you have a question you’d like me to answer on the Weird Finance podcast, you can leave me a voicemail at 1-833-ASK-PACO. You can also email me your question by replying to this email or emailing us at weirdfinancepod@gmail.com. |
The Nerdletter by Paco de Leon
Want money advice that you can actually understand? So much money advice ignores who we are, our background, our values, and our emotions. I’ll show you how to be in better control of your money every week, even if you’re just starting out.
Hi there, Last week, I learned that before Regan popularized “trickle-down economics”, it was known as the Horse and Sparrow theory: “If you feed the horse enough oats, some will pass through to the road for the sparrows.” In other words, sparrows benefit when horses are overfed since eventually, they’ll shit some undigested oats. Stumbling across this reminds me of when I learned that the phrase “pull yourself up by your bootstraps” was originally a joke because it’s absurd and physically...
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Hey pal, I’ve been thinking about this quote from Katherine May’s book Wintering. “We are told to live within our means, but there are times when, frankly, I feel that 'my means' would be a caravan on waste ground. Instead, I suspect that most of us have periods of feast and famine in our lives, and, increasingly, we spend the feast years paying off the debts of the famine. It's only money, as a friend of mine often says with a sigh.” Most of the creative professionals I’ve spoken to at the...