Matt has a lot of crazy beliefs, many unconventional, many polarizing, some taboo topics, but none so hard to discuss over dinner as financial philosophy. You can have an open disagreement on the benefits and advantages of Apple vs PC, it might be hard… but Matt’s offering an even deeper and more personal topic here: money—and the difficulty of talking about money makes education harder than it has to be. We all want to learn more about money.
We need to learn more about money
We could all learn more about money if middle class families talked more openly about money to their kids
Schools should teach more about how to achieve financial independence and less about how to become employees dependent on a paycheck
Our lack of formal financial education trickles down into every aspect of life
Even people with business degrees learn how to get a job not how to create personal wealth
Governments are run by people with low financial IQs–they’re like all of us
Average people make up the wealth of a nation
It normal people’s financial intelligence were higher, we would all benefit
It’s a rough draft, but the key thing is we need to know what creates wealth. The mechanics behind how a person or country gets rich shouldn’t be mysterious. Getting rich is “creating wealth”. That’s all it is, it doesn’t mean someone necessarily needs to be exploited for another person to profit. Wealth is as abstract as value itself and creating value doesn’t always even cost anything (think of the value of a smile).
Anyways without any further ado, I’d like to introduce you to Rich Dad Poor Dad – what the rich teach their kids about money that the poor and middle class do not. Written by Robert Kyosaki.
Robert also has a podcast, “Rich Dad Radio Show” with lots of guests who are really informative and well spoken.
Jasmin thinks Matt should become an architectural consultant. Standing in front of this student housing project, Matt talks about how a user story could be applied to making your home practical and functional.
I was in the office a lot this week but it was still noticeable how wintery the weather has been. It only makes me miss my darling Ehefrau all the more…
It’s a pretty interesting thing to think about, like how much you have to work to survive, and how much you need to be comfortable in order to live a good life with a good standard of well-being. To earn the cash you have to legit sell your time to someone, and then you’re out of the house 5 days a week. It’s better than being 24/7 somewhere, like in an army camp in the Aeil-Waste or something, but I think that might be better if you get to be there with your partner 24/7. I love every second with my wife, Jasmin but even on the weekends we’re busy hustling. It’s an investment in the future, but there is always the question of like, how much do you want in the future, and is it worth the trade off of time now?
That kind of stuff is always in the rotation of philosophical “what-is-the-good-life?-and-how-do-we-live-it?” discussions. Another side of it is the endless search for an answer to: how much of my health and vitality am I morally obliged to give my employer? Since almost no-one has the same exact threshold for pain, or the same answer to this question, there becomes a spectrum; with some people taking more or less advantage of the support of their colleagues than others.
Some people never take sick days off. Some people only take sick days off when real shit goes down, and they are totally F-ed up. Some people take sick days off when they’re perfectly fine, like to go skiing or something. And some people are ~1% sick and call out. Then there are the people who are “never sick”—but then they get sick on the holiday breaks. But that’s not even the interesting part.
Since our stores of energy are not infinite: many people save all their energy for work, and the remainder is for,—quote—”their”—quote—”life”. And some do it completely in reverse. First they go to their Uncle’s birthday party across the country, then if they have energy to go to work Monday, they do. If not – they don’t. I’m of two minds about it. I guess it’s everyone’s decision to make for themselves, but I am firmly fixed on finding a good balance. I get that a lot of people are just goddamn bored at home all day, and legit don’t have anything better to do than go ice-skating. If you call out of work, you can’t go ice-skating, so what’s the point? Then there are people just love TV…. Eventually staying home just gets boring, even if you hate your j-o-b. But I would never run out of things to do at home: I’m happy to have interests, goals, and and stuff. I think it’s extra bollucks to imagine a co-worker messing up their own health, diet completely aside (I’ve given that one up a long time ago), destroying their health by staying up late watching crappy movies, or TV, or reading junk on the internet. Even reading books! Man, go to sleep!
It bugs me because, it would be easy enough to change the way I look at the side-gigs I’ve got going on and be like: 1st thing is cook dinner, so my beautiful wife has no work at all to do when she gets home, then clean that up, and then work on my business ideas until midnight or so, when I feel done for the day. Even form 8-10pm would be a lot of extra work-time for me. I imagine sometimes people do 8-12am, for a movie or TV show (probably not a book). After a week of midnights, working away on my project, I’d have to call out of work sick. Sure, I feel fine at 12am, but by 6:00am, I’m just dead—and then I go to the doctors at 9:00am, get a sick note and boom, now I’m home, I guess I feel alright, good enough to lay in bed with a laptop… 10am-10pm (I’ll go to bed early because I’m sick (and I’ve already done 12 hours of hustling))… and my business would boom! Even if I just opened up work hours from 8pm to 10pm: I would feel like shit, but progress would be made faster.
I don’t condone it. I don’t condone relying on the sick-note system to keep your day job and work your night-hustle into a full-time income faster.
But great mother of Scott! I would condone the above long before, whatever everyone else is doin! Whatever it could be possibly be. Whatever they do, that makes normal people sick: Going out on the weekends (I have no idea, do people still do that?), parties, festivals, festivities, concerts, shows, sports events, flipping FIFA, I mean please. That’s not your colleagues problem guys. If you want to fly to Rio for the Olympics, fine take your two weeks off and have a holiday, take a vacation. But if you’re sick at the end of it, and take another two weeks sick time. By golly, you’re taking us for a ride.
Priorities. That’s the thing: the morality of priorities. Sadly there are no answers. But take another example, and then chew on the idea and let me know what you think:
I still have a lot of German to learn, say I were staying up until 10pm just to study German? 8-10pm blocked off just mastering the German tongue. Here, I NEED that for my job, so who’s to say who benefits from what? I should be able to write German studies in my weekly report, of what I did that week, and be paid for it, because the company benefits from it, no? Okay fine. No. I understand the argument, they’re not paying for me to study, but rather to work. Well, then that leaves when I get some free time which starts at 8pm—which I’ve been using for sleep (to the great benefit of the company)—and who’s to say that if I get sick because of that, that the company shouldn’t accept it in stride. Maybe they would. Maybe I’m over-thinking it, by taking it to extremes, but still.
What a crappy day. I was staking out something called a compensation-line, for the tram. This tram goes through the University of Ulm and they don’t want the electricity to disturb and fine tune instruments. Therefore, they’re compensating for the extra power with this compensations line. It was so annoying, I got back to the office at like 5:00pm because the guys had left too much concrete in the trough, and I had to stake the same points out twice, every 2 meters for like 150 meters—alone. I hate staking stuff out robotically, and this was the worst. The instrument lost lock of the prism so much! The snow got in the way, everything got in the way, and the instrument was set up startling this stupid trog. Awuhhg. Gross. After this crap day a colleague called it quits for legit two weeks.
Hey there, this is Matt Blunt – most well known on the internet as Powsimian. I’ve brought you this podcast as an opportunity to entertain yourself while cleaning, renovating, working, working out, or whatever. Simply: the content are some of my top thoughts.
The first english-language season to Powsimian Podcast can be found on the main menu and here:
Here in Ulm, we have a cathedral called “Das Münster”—in German it means “The Cathedral.” Nice right?
It’s the highest one in the world.
Anyway, a few years ago they had a famous artist design a lighting system for it, and it pops real nice at night.
I have been trying to capture the impressive figure at night for a while with an iPhone 6s, not too successfully if we’re judging by the likes. Jasmin copped the X and we put it through its paces. With two exposures and a tiny Photoshop session, we captured this: moon, Münster and majesty. For the curious ones: it’s 161.5 m, or ~530 ft tall. Yeah, it’s a tall cathedral
These photos are totally raw: Münster as the sun was almost set, with an extremely dark blue sky. And a free art show under a bridge, with the sun’s reflection off the water making beautiful patterns on the ceiling of the tunnel.