Someone close to me was recently taken to the emergency room with some pretty scary symptoms, and this person is someone who, except under the worst circumstances, would not voluntarily ask to be taken to the ER on a Sunday afternoon. I ended up spending most of the next couple days at the hospital with them, as they went through the usual tests to make sure that something terrible hadn’t happened, or that something worse wasn’t on the verge of happening.
We recently talked about the value of having an emergency fund, or some kind of fund that is set aside for unexpected expenses (or opportunities!). I wanted to take some time to talk about some of the techniques I’ve used to build cash-on-hand reserves.
Let’s think for a moment about some of the things that the average person is motivated by. I mean really motivated, at a basic instinctual level. Of course there is food and water or, sustenance. Then we have shelter and housing. There is also a drive to reproduce.
One motivation that I believe is ever-present, but often overlooked, is the drive for safety. Everything about our lives is permeated with the innate desire to minimize risk (except for you thrill-seekers!) and protect ourselves from harm.
Welcome to Interest-Swing! My name is Ryan, and I created this page as a way to document my journey towards financial control, and eventually, financial freedom.
The idea for Interest-Swing was born after spending the last half of a decade studying personal finance ideas as they are presented from varied sources. I have digested strategies and theories from people like Dave Ramsey, Robert Kiyosaki, Warren Buffett, and other groups and personalities, and believe that the majority of this advice can be summarized in just a few key concepts, and even more directly, distilled into one theory. This theory is what I call Interest-Swing. Continue reading “A Mutual Journey of Shifted Momentum”