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The Problems With Half-Working

My mind has been scrambled the last couple days. I don't know why, it came on very suddenly. I've made massive strides over the two weeks before - I accomplished about six months worth of work over two weeks. I felt on top of the world. I wasn't even very tired afterwards, I felt good, ready to go.

Then yesterday, just bzzt - nothing. Foggy, almost like confusion. Couldn't focus at all. Strange. I said, y'know what? I haven't had a day off in a while, I'm just going to take the day off. Went and sat at a cafe and listened to some audio for about four hours, walked around and saw the city, went and had a massage, and then sat and ate fruit. Spend like 10 hours in a row just thinking and relaxing, which is good, I don't take full days off very often. I had some good ideas when I was out at the cafe and took some extensive notes, so I got some production out of it too without even trying to.

Now, I wish I could say, "And then I was recharged, and today I was awesome!" But no, I woke up in a fog again. Damn this. I track my time and have some routines to keep me running well, but I was foggy despite it, unable to focus really. Suck, what is this?

I was working, but it was half-working. Now, half-working is a big problem in my opinion. Half-working tires you out as much or more than real full working, but you get about 5% as much stuff done. Yes, 5%. Good work requires something like focus. It doesn't necessarily require the highest levels of focus and flow (though that stuff is very good), but it requires working through the mentally difficult parts when they come up. The worst part about half-work is you cruise through the easy enough stuff, then stumble on a difficult part.

This is doubly bad, because when you come back to your work, you're staring the hardest part in the face. This sucks, you need to kind of regroup and double down to get re-started while staring a difficult or complex part of work in the face. But again, I was in that mental fog and so I start half-working on it, and then I wander off again. And I try to come back to the work, but then - bam, there's this hard problem staring me right in the face, that I already failed to conquer twice.

Saving more than you spend

On Ideas

One of the biggest mistakes I see young people making is spending their money capriciously and not saving. If your bank account or investment portfolios aren't growing, or you are not expecting them to grow something is awfully wrong. S&P 500 has been shown to go up around 10% every year in the long run. There are treasury bonds and other investment vehicles as well which can ensure that your money is at the very least keeping up with inflation.

When I started earning some money last year I ended up investing or saving up 4/5 of it, and kept spending my money frugally and only splurged once or twice. Being frugal, saving up, and thinking about the future is crucial, especially at a young age because you have so much time for compound intrest to take hold

One of the clearest ways to picture this was an example given in the book the slightest edge, whereby two young post-graduates at the age of 24 agree decide that they want to retire millionaires and will invest 2,000 a year into an 12% account every year until they can make it a reality.5 years later they meet each other and ask how its been going. One of them has followed the investing religiously, while the other hasn't. The one who hasn't asks the other how close he is to his investment goal and the the other friend says "I'm done". It turns out that with just 6 years of investing, the compounding interest will be sufficient enough to get him to 1 million at retirement. The other friend decides he has to get to it, but when he does the math, he realizes he has to invest 2,000 a year for the next 33 years!

This story underscores two things. One the cost of waiting, how waiting to long to do something keeps you from taking advantage on the magic of compounding interest. and second how important investing and not overspending is.

The biggest reason by far not to overspend though, is so you can increase your freedom. I'm not saying money always equals freedoms, but having a good amount of money in the bank significantly opens your options and lowers your anxiety levels. Living paycheck by paycheck, or not having a clear long term financial goal can lead to distress and insecurity.

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