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Time may be the most overlooked commodity in that time never returns to anyone once it’s gone. This doesn’t mean a short period of time can’t have value, or that a long period of time has significant value – some people can make a mustard seed worth of time worth and entire mountain of time, as they apply some of the techniques in this tip. They also improve on these – anyone can expand their time once or twice, but can they continue to do so and improve to make their time even more valuable?

Geting Strict

1. Organize tasks by importance. Sarah prepares for a big project for the next few months and knows that with her daily commute, health routines, and tasks, she’ll experience a full plate. Sarah works out her priorities starting with the most important tasks to the least important. She can either eliminate the items lower on the list, or she can reduce their time significantly. Depending on the project, she may want to also narrow her focus to a few activities so that she saves the most energy possible. One thing to consider when organizing tasks: how much of this task relies on external factors? For instance, if one of Sarah’s tasks requires a 10 minute commute, this adds an external factor to the task, while the task of cooking food may require fewer external factors.

2. Use a timer. When minimizing other tasks, timers can significantly help. This depends on the situation though, as this only applies to tasks which can be done as a part of one’s logistical routine. If a task requires additional time, such as a commute, a timer may not assist because it’s possible a traffic jam exists, the person experiences a flat during the commute, etc. This is another reason to consider external factors when organizing tasks – time estimates for tasks can be wrong as more external factors affect the time.

3. In some cases, use lunch. This depends on a person’s lunch or concentration. If someone likes to eat and enjoys the mouth-watering taste of food, this isn’t an option, or this is an option to skip. A person’s enjoyment of food may be their best use of time. In the same manner, if a person lunches with colleagues, friends or family, they may want to avoid it completely – this limits opportunity. If eating isn’t a person’s “thing” then this opens a door to get some tasks complete when time is restricted. The advantages with using this method is that it (1) allows one’s mind a break from a bigger task and (2) can be useful for some delay tasks, like waiting on hold for a solution or waiting in the office for a doctor. Like the first item, be careful with external factors during lunch, if lunch must also be strict on time.

Keeping Perspective

4. Do what works and that’s it. While many enjoy reading about topics like this – from time management to productivity, reading too many books on time-management (or attending seminars) can become counterproductive. It may create a mentality of analysis paralysis when considering what to do, or whether one is using time the best, or it may prevent an individual from taking action. This defeats the entire purpose. To a certain degree, it “feels good” to learn about productivity if one “feels good” about growing, but it may actually hinder the same person from growth as it becomes a buffer against action. Buffers against action paralyze growth; if one knows what they need to know, action is the next step.


What do we think were the hottest topics of the week? What were the most interesting topics? What have you missed on FinTekNeeks in the past? Every Friday, we review some of the stories that we find interesting, which may or may not be related to finance. In addition, we feature some of our past content that you may have missed. Finally, we preview our podcast for the week. Always remember, the early bird gets the worm – not every podcast is available indefinitely.

Articles and Videos

Video of an experiment that shows problems of groupthink. Organizations can run into trouble, where everyone agrees, even if it is the wrong answer. Leaders who ask around the room for agreement leads to bias on the decision. It shows it is better to have a written vote when asking for opinions in a large group.

China continues to accumulate real resources. In resource accumulation, China knows the time it lives in; in demographics, however, it does not. In the long run, demographics will have a bigger impact regardless of how many resources it accumulates.

Speaking of demographics, if the United States hadn’t wasted high school and college years weakening its youth, it would actually be one of the top countries to invest in since it has one of the best demographic profiles. However, US Millennials and iGens have spent their youth learning weakness, even if they come in great numbers.

Goldman Sachs sees the death of value investing. I don’t agree, but I highly respect their view here and I see why they come to this view. True value investors have changed form and this is what they miss. Still, their thoughts are A+.

Notes This Week

What a powerful vision and talk about building something that lasts. Embrace and pursue your vision.

Podcast Changes

We are about to release a podcast platform for podcasts to make it easy to subscribe to our podcasts. Expect this change to come in the next week. The podcast platform will feature all podcasts and related yearly specials and will offer subscribers the best way to get access to the content. If this is popular, we will continue it in 2018; if not, we will terminate it. If piracy of content is discovered, we will terminate future podcasts and bonuses.

Blast From the Past

In 4 Financial Lessons From Alexander Suvorov we learned about finance from the context of history’s greatest general. Alexander Suvorov was never defeated in battle and was almost always the underdog. In addition to ending the Russian-Ottoman War, he also defeated Napoleon’s top commanders. In practices, his favorite virtues were discipline, courage, humility, and urgency. History has no other general equal to Suvorov.

Like the content you see on FinTekNeeks? Provide feedback by supporting us as we take support into consideration every year when we review whether the site and time are worth our efforts.

Posts This Week on FinTekNeeks

When Owning a Home Beats Renting.

Three Lessons froom Riding the Hype Train

Random Walk Down Crypto Street – Humaniq

All images courtesy Pixabay.


In most cases, renting beats owning though we can find a few exceptions to this and in this article we look at these exceptions. We assume that people do the sensible thing and buy more land than home, as large homes waste more resources, cost more, and are energy inefficient over smaller homes. In addition, the median US family size in 1970 was larger than today, yet the median size of a home in 1970 was 50-60% smaller. People should complain less about the rising price of homes and spend more time complaining about their rising sense of entitlement.

Some Exceptions

1. If we plan to live in our area for the rest of our life. In most cases, a person who plans to live in his area for more than a decade should buy a home because the cost of owning versus renting favors owning after a significant period of time. Be careful here! All areas differ by size, so a major city is not “one” city, but often an aggregate of multiple cities. If the person’s job changes, then his commute may add an additional cost.

2. We are in a stable career; most paths are not stable. Only medicine is stable. With the exception of medicine, this doesn’t apply for most careers anymore. Only medicine is currently experiencing a labor shortage; other career paths have too little future potential with too much labor entering them currently. It should be of note that this will become clearer in 10 years, but won’t appear to be the case for now.

3. If we’ll be living in an area for an extended period of time. This is similar to the first one, but we may plan on living in a different area when we’re older. The example to consider here is a person living in San Francisco for twenty years, but planning to retire in Omaha. In this case, buying a home makes the most sense, as a longer time scale favors owning over renting.

4. We want to own a house and we’re completely uninterested in selling the house. Some people buy homes because they want to turn the house into a cash flow asset. If we intend to do this, owning a home is our only option. Because the house becomes a cash flow asset, we can generally use the cash to pay for the house and offset the costs.

5. The rent to own ratio favors owning and at minimum one of the above applies to you. Sometimes rents in an area become unsustainable and begin favoring homeowners. When this occurs, we should consider owning a home, provided that one of the above items applies to us.

Time-Based Exception

Solomon wrote that “there’s a time and place for everything under the sun” and this holds true for everything. This requires understanding the time and we’ll see times in which owning will be a better choice than renting.


What do we think were the hottest topics of the week? What were the most interesting topics? What have you missed on FinTekNeeks in the past? Every Friday, we review some of the stories that we find interesting, which may or may not be related to finance. In addition, we feature some of our past content that you may have missed. Finally, we preview our podcast for the week. Always remember, the early bird gets the worm – not every podcast is available indefinitely.

Articles and Videos

Very cool idea that was crowdfunded and lives up to its hype.

China continues to accumulate real resources. In resource accumulation, China knows the time it lives in; in demographics, however, it does not. In the long run, demographics will have a bigger impact regardless of how many resources it accumulates.

Speaking of demographics, if the United States hadn’t wasted high school and college years weakening its youth, it would actually be one of the top countries to invest in since it has one of the best demographic profiles. However, US Millennials and iGens have spent their youth learning weakness, even if they come in great numbers.

Goldman Sachs sees the death of value investing. I don’t agree, but I highly respect their view here and I see why they come to this view. True value investors have changed form and this is what they miss. Still, their thoughts are A+.

Notes This Week

What a powerful vision and talk about building something that lasts. Embrace and pursue your vision.

Podcast Changes

We are about to release a podcast platform for podcasts to make it easy to subscribe to our podcasts. Expect this change to come in the next two weeks. The podcast platform will feature all podcasts and related yearly specials and will offer subscribers the best way to get access to the content. If this is popular, we will continue it in 2018; if not, we will terminate it. If piracy of content is discovered, we will terminate future podcasts and bonuses.

Blast From the Past

In 4 Financial Lessons From Alexander Suvorov we learned about finance from the context of history’s greatest general. Alexander Suvorov was never defeated in battle and was almost always the underdog. In addition to ending the Russian-Ottoman War, he also defeated Napoleon’s top commanders. In practices, his favorite virtues were discipline, courage, humility, and urgency. History has no other general equal to Suvorov.

Like the content you see on FinTekNeeks? Provide feedback by supporting us as we take support into consideration every year when we review whether the site and time are worth our efforts.

Posts This Week on FinTekNeeks

SteemIt Evolves – Can It Win Advertisers

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What is an Old Cryptocurrency? TAG

All images courtesy Pixabay.


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