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Buying used electronics can earn you money

There are many advantages of buying used gear, the obvious being that’s it’s cheaper and better for the environment, the other is the slower rate of depreciation because most of the depreciation happens at the beginning of a product’s lifespan. …

Posted byRichardJune 2, 2020January 24, 2021Posted inmoneyLeave a comment on Buying used electronics can earn you money

Making my home slightly “smart” with a smart lock

I’ve always found the hype surrounding smart homes overblown, being able to look inside my fridge using a smartphone or saying “Alexa, switch on the lights” ..doesn’t seem to be solving much of a problem. Household keys, on the other …

Posted byRichardJune 1, 2020June 1, 2020Posted inUncategorizedTags:danalock v3, review, smart lock, ultion smart lock2 Comments on Making my home slightly “smart” with a smart lock

Becoming frugal is fashionable for a generation post COVID-19

Becoming frugal is fashionable

Experiences shape a generation. Just as the Great Depression and war shaped the Silent Generation, Millennials will be shaped by the Great Recession, student debt and another serve recession/depression. Millennials and the Silent Generation have shared similar economic challenges so …

Posted byRichardMay 29, 2020January 2, 2021Posted inmoney5 Comments on Becoming frugal is fashionable for a generation post COVID-19

Will the gold standard return?

Will the gold standard return?
Wheelbarrows replaced wallets in Germany when hyperinflation struck

Jan Vlieghe, a member of the Bank of England’s (BoE) interest-rate setting committee recently made a comparison with the UK’s monetary policy and The Weimar Republic. According to his convoluted logic, we …

Posted byRichardMay 20, 2020November 25, 2020Posted inmoneyTags:gold, gold standardLeave a comment on Will the gold standard return?

Challenging society’s expectations

“Can you remember who you were before the world told you who you should be?”

According to social psychologist Gustave Le Bon: “The Crowd is always intellectually inferior to the isolated individual.” We are constantly pressured from the crowd in …

Posted byRichardMay 13, 2020January 24, 2021Posted inphilosophyLeave a comment on Challenging society’s expectations

Amazon Prime isn’t worth it

Is Amazon Prime worth it?

Amazon Prime in the UK is £7.99 per month (£95.88 for the year) or £79 for a one-off payment. There’s a whole bunch of internet posts (all paid for affiliates) describing how Amazon Prime is …

Posted byRichardMay 5, 2020January 3, 2021Posted inmoneyTags:amazon prime, frugal, save money2 Comments on Amazon Prime isn’t worth it

How identity theft happens and how to stop it

I remember when you switched on the news they’d nearly always be a story of a post office or bank that had been robbed at gunpoint. Since moving to a cashless society, those days have gone but it means crime …

Posted byRichardMay 1, 2020July 18, 2020Posted inmoneyTags:identity theft, online crime1 Comment on How identity theft happens and how to stop it

3 of society’s biggest lies

“take the red pill … and I show you how deep the rabbit hole goes”

Certain topics in life are not to be spoken about, others we’re self-delusional, what’s referred to as cognitive dissonance. Some of these topics are better …

Posted byRichardApril 22, 2020January 24, 2021Posted inphilosophyTags:follow passion, quotes1 Comment on 3 of society’s biggest lies

Goodhart’s law explains why so many people aren’t happy

Goodhart's law
Bad measurement causes failure in business and life 

Goodhart’s law is named after Charles Goodhart, a British economist and former professor at the London School of Economics. Goodhart’s law simply states “When a measure becomes a target, it ceases to …

Posted byRichardApril 17, 2020January 24, 2021Posted inphilosophy, self-improvementTags:goodharts law2 Comments on Goodhart’s law explains why so many people aren’t happy

Videos on the economy worth watching while in lockdown

There’s a lot of talk on mainstream TV about a V-shaped financial recovery (when things bounce right back). This feels fanciful IMO. The other options are “U” (like in 2008), “W” and the dreaded “L”. Obviously, no one knows the …

Posted byRichardApril 3, 2020January 24, 2021Posted inmoneyTags:coronavirus, economyLeave a comment on Videos on the economy worth watching while in lockdown

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