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.
🧑🌾 Digital feudalism
|
Howdy, I came across the term digital feudalism a few weeks ago and I can’t stop thinking about it. It’s a way some folks are describing our current digital economy where we are all powerless serfs, freely giving our data, attention and labor through content creation to digital platforms. Then, in exchange for all of our free labor, we’re given the opportunity to be advertised to through these same platforms. All along the way, enriching the platform owners. It’s weird to navigate because when I think I am scrolling for fun, whether I intend to or not, I’m actually participating in the digital economy. And it’s getting increasingly difficult to opt out of it. How do you feel about this concept of digital feudalism? Does being online feel like work or does it feel like leisure? It’s probably a toxic mix of both. I’d love to hear your thoughts. Don’t be shy; hit reply. P.S. A friendly reminder that tax day for s-corps is on March 15, about a month away. Please be nice to your accountants (and yourselves) by getting them your financial reports and tax data well before then! And if you need help getting your bookkeeping and financial reports in order, please consider Hell Yeah, Bookkeeping. 1. 💸 How to Build a Million-Dollar Business with Rachel Rodgers (Weird Finance) In this episode of Weird Finance, Paco talks to Rachel Rodgers (@rachrodgersesq). Rachel shares her personal tale of going from lawyer to exhilarating business coach, emphasizing the significance of pursuing work that fuels your passion. They delve into the intriguing world of making bold business decisions for financial abundance, tackle the idea of "broke-ass decisions," and dissect the psychological hurdles that can impede financial growth. 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...
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...
Hey, All of our regular habits create neural pathways in our brains. The more frequent the habit, the deeper the groove. Habits can be a thought, like “I’m just not good with money.” They can be an action, like impulse spending. And you can also be habitually avoidant of something, like investing your money. The most ingrained neural pathways are like the Grand Canyon in our brains. Changing the path is like shoveling the Grand Canyon. Changing our habits is difficult because it takes a lot...