Frameworks & Finance

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15 Financial Lessons I wish I'd learned at 20

Jun 16, 2022

This week's edition will be a little shorter because we're on vacation! In the next few weeks, I'll be launching the new format, so be watching for that.

 

This week I turned 36.

When it comes time for my birthday, I always like to use these times to reflect.

I feel lucky that my birthday falls in June, because it is a natural middle-of-the-year check-in.

My process when doing this is:

  1. Look at my goals for the year; how is my progress

  2. Reset goals that need to be adjusted

  3. Journal my thoughts

I keep it simple because if I plan too much, it will likely not get done.

Being on social media provided a unique opportunity to write a concise list of reflections. I released one on Saturday, which you can read below:

I realized as I wrote that I had a lot of financial lessons in the list, so I actually broke that out into a separate list, which I talked about on my podcast.

You can listen to that episode by clicking here.

It's amazing, as I look back, at what we learn and don't learn as we grow up. Many, if not most of the lessons, I was exposed to. But it took a personal experience for me to internalize them.

I think this is something that happens often in life. That's why I'm such a believer in taking action.

It's through action that you gain clarity. That clarity helps you reframe things, and that reframing helps you refine your goals. You then repeat the process.

What I'm reading

This week I started reading the book The Founders, about the "Paypal Mafia" and their backgrounds.

I'm really enjoying the deep dive into this really influential group of people.

Question of the week

When you reflect back, what is one lesson you should have learned earlier?

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