The Experiment!

The following is a series of posts on personal finance I'm calling "The Definitive Guide to Being Awesome with your Finances". These posts approach the topic from the perspective I've discussed on this blog for years: how to frame problems, define situations, and make decisions using expert-like problem-solving strategies and multiple epistemic resources. Unlike the rest of the site, there is no cursing in these posts and the tone is more educational as opposed to entertainment-y. The posts are designed to be read in order, but feel free to skip around. These posts will be released sequentially on Twitter at a rate of approximately three per week.

Personal Financial Planning

• An Introduction to Personal Finance
• Individual or “Micro” Factors That Affect Financial Thinking
• Systemic or “Macro” Factors That Affect Financial Thinking
• A Process for Planning Your Finances

The Basic Ideas of Perosnal Finance

• Income and Expenses
• Definitive Guide to Assets
• Definitive Guide to Debt and Equity
• Definitive Guide to Income and Risk

Personal Financial Statements

• Personal Finance: Cash vs. Accrual Accounting and the Balance Sheet
• Comparing and Analyzing Personal Financial Statements

Evaluating Choices: Time, Risk, and Value

• An Introduction to The Time Value of Money
• Time Value of Money: Calculating the Relationship Between Time and Value
• How to Value a Series of Cash Flows
• A Data-Based Approach to Making Financial Decisions
• Evaluating Risk for Personal Finance Decisions