Howdy, Thanks to everyone who took the time to respond to last week’s Nerdletter about money and safety. So many of us share the same feeling. Lots of you expressed interest in exploring and attempting to unlink the idea of money and safety. I don’t have all the answers to break this habit forever, but here’s one ridiculously simple thing I’ve been doing that has helped me. Whenever I am in a moment of financial anxiety, I take a deep breath and tell myself, “At this moment, you’re safe.” It’s simple and silly, but for me, it works and I’m grateful that it’s pretty much always true. I hope over time my body and brain will learn internalize this. I invite you to try this simple practice, or if you have one that works for you, please share it with me. Wishing you many moments of financial peace,
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1. 🙇♂️ Collecting Dots: Some Recent Reflections About Money and Life (HYG Original) 2. 🏃♂️ Anatomy of an Upwardly Mobile Bicoastal Élite (The New Yorker) 3. 🤔 Why Do Rich People Love Quiet? (The Atlantic) 4. 👩⚕️ 5 Rituals for Cultivating an "Abundance Mindset" (Byrdie) Psychologists explain why this mind shift can usher in positivity and change your life. 5. 🤓 A bookkeeping thing - Everything You Need to Know About Small Business Taxes (HYG Original) 6. 😣 I Lived Through Housing Insecurity & My Trauma Remained (Refinery29) “I wonder about the idea of permanent housing in a country where safe, stable homes and access to care have always been privileges reserved for the highest bidder, and what this means for our communities.” 7. 🏡 How The Pressure To Buy a Home Can Lead to Bad Financial Decisions (Too Ambitious) “I was never more broke than when I owned a home. And it was a result of not having that financial foundation in place, emptying out what was meant to be an emergency fund to buy a home, and then the emergencies started happening and I had no other recourse other than to start taking out loans. I had to take out a 401k loan to deal with a $15,000 repair of a sewer line.” 8. 👶 The Sugar Babies of Stanford University (Pirate Wires) From overnight social media fame to sugar-baby side hustles, America's elite young women are changing the rules of sex and class. “Cassie and Lainey’s experience is a microcosm of the broader cultural changes in America over the past few decades. American men, especially working class men, have been left behind with little hope for the ‘American dream’ of a good family and stable job, income, and community. Rather, they self-medicate with drugs, alcohol, porn, and the pseudo-personal relationships offered by girls like Cassie and Lainey.”
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