02 Sep 2014
How do you know what you believe?
The best heuristic I’ve come up with this: You believe something if your life is constrained by it. This includes your actions, decisions, thoughts… basically what you have control over. Like a guard rail, if you intersect the boundary of one of your beliefs, an invisible force will reign you in and prevent you from trespassing. You are constrained by your belief.
I don’t claim this is the only or best way to measure belief, but I think it works to a point. Thinking about belief this way has been both encouraging and disconcerting. It has revealed some interesting insights, including things I want to believe but don’t, as well as things I do believe but frankly wish I didn’t.
By the way, this doesn’t just apply to spiritual beliefs–it works just as well for everything else.
26 Aug 2014
I am an above-average driver. I didn’t get that way without inviolable personal rules.
Driving is almost definitely the most dangerous thing I do in a given day. Nothing puts me, my wife, or my kids at greater risk. We live in a culture where it’s socially acceptable to drive while rushed, stressed out, and distracted. How are any of us still alive?
It occurred to me the other day that I have already started teaching my 5 year-old daughter how to drive. I teach her every day what is okay by what I do. So I got to thinking about it and realized I have a series of rules I follow (and should follow more strictly) that I want to be second nature to her years before she ever touches a set of keys. I have started using these rules by name with her. I’m writing them up to codify them for myself.
Driving is probably the most important reason the everyman took physics in high school. If you understand kinetic energy and momentum and don’t focus all your attention on the road while driving, there is nothing I can do to help you. Do your part in reducing the necessary energy dissipation required on your side of the equation to save your and other peoples’ lives. You can’t control how fast the person you hit is driving, but you can slow down a little bit.
By the way, this rule has less to do with how fast you drive and more to do with how serious and focused you stay while driving.
Respect the Wall
What is the wall? The wall is an invisible 10-ft tall, 2-ft wide brick wall running down the centerline of every street. Even though you do not see it, the wall is there. So why not cut a corner turning into your neighborhood? For obvious reason: You will crash your car into the massive brick wall there.
Driving through your tranquil neighborhood and tempted to cut the corner into your cul-de-sac? Respect the wall.
Driving the only car in an empty parking lot in the middle of Montana at 3 o’clock in the morning? Respect the wall.
We fail to respect the wall because respecting the wall isn’t convenient, because we are lazy, because we let the rush we are in overtake our responsibility to protect ourselves, our passengers, and whoever else is on the road.
We violate the wall because we think we can see well enough to know there isn’t a car coming (or won’t be eminently). But here’s the thing: I’m not that confident in my ability to anticipate every hidden drive or unexpected circumstance.
If you strike a car while violating the wall, it is your fault, emphatically your fault. You broke the rules, not the person you just hurt. Never driving in someone else’s lane has to drastically reduce the probability of getting in an accident.
I try to only break this rule for obvious exceptions, and only after I am completely sure it is safe: passing cyclists, giving extra margin to playing kids, and the like.
Delete Risk from Your Map
We’ve all driven through an intersection or made a turn where higher-than-normal risk is involved. Visibility is limited. A light doesn’t give enough time. You have to do something where you don’t feel in control. You have to expose yourself before you can see if the coast is clear.
Once I identify a place like this, as much as it is in my power, I never go that way again. The rule: I delete it from my map.
Example: There are precisely three ways to access my neighborhood when driving home from work. I only use two of these, ever. Zero exceptions. The third has a short turn light and people tend to get stranded in the intersection and make stupid moves—this intersection was ranked in an article I read as one of the 10 most dangerous intersections in Massachusetts based on fatality data.
So it’s gone. Dead to me. Deleted from my map. Inasmuch as I can help it, I will never go that way again.
It Can Wait
Receive a text while driving? It can wait.
Get a call while driving? It can wait.
Confused thinking my GPS is sending me the wrong way? It can wait.
Forgot to tell your wife something after pulling out of the driveway? It can wait.
Spill your coffee? It can wait.
Your kid dropped their breakfast on the floor? It can wait.
It can wait the two minutes it will take for you to find a safe place to pull over and text back, call back, and salvage the spilled food.
Drive Painfully Slow in Neighborhoods where Kids Play
When you are in a neighborhood where there is virtually ANY chance a running kid could chase a rolling ball into your path, drive no faster than 10 or 15 mph. Driving slower reduces your stopping distance as well as the risk of severe injury to a pedestrian you strike. The probability of severely injuring a pedestrian is very low when the impact speed is less than 10 mph. On most graphs I saw during a cursory lit review, the probability of death jumps from 10% to 75% between 20 and 50 mph. Here are the cumulative distribution functions from one study I found:
Whether you agree with the methods of that (or any) particular paper, wouldn’t you feel better knowing that people in your neighborhood (where your 5 year-old plays) were driving 10 mph? I sure would.
So that’s it, just a humble plea to be a bit more mindful when driving. Thanks for reading.
20 Aug 2014
I have a longstanding rule when flying that if I do not run through a terminal at some point, I arrived at the airport too early. I’d generally rather be outside the airport exploring whatever city I’m in, for as long as I can, with people I like. The benefits of sprinting are numerous and equally applicable within airports.
But Craig Mod might have just changed my mind. Excellently written and based on an impressive CV of international travel, he shares his practical—and occasionally hilarious—approach to getting from A to B with minimal stress and maximum enjoyment.
You look insane — your white mask, your monkey bra, your noise-canceling headphones, but it doesn’t matter. You are satiated, filled with nourishing food; you have gotten your work done, and now you float in a personal outer space. An outer space that sounds like the summer in Wisconsin and feels just as humid within the nose and mouth thanks to your microclimate. You are on a plane but are not. You could be anywhere. You are untouchable. You are possibly the most insufferable traveler ever. You float and smile because you are the Dalai Lama.
This is how you survive air travel.
I am the Dalai Lama. :)
Read the rest: Let’s fly: How to survive air travel by Craig Mod
07 Aug 2014
I want to talk a bit about challenging financial situations today and some resources I have found most helpful. First, some context. The parameters of our move to Boston included the following: (a) a moderate level of student loan debt, (b) expenses incurred in support of a cross-country move and settling into a new place, (c) a 3-4 month waiting period before finding a suitable renter for my home in Atlanta, and (d) high housing costs in Boston (I pay 2x for 0.5x space relative to Atlanta).
I won’t discuss specific numbers, but suffice it to say the bottom line after the dust settled from all this was overwhelming. I have known people who were facing many times the debt I faced. It’s difficult to even know where to start. Dealing with that level of challenge required a complete reboot in my thinking and approach to money.
(By the way, this is an especially important topic for people coming out of grad school with a PhD. You may have an idea that you are now a very big deal and carry an unrealistic perspective on your earning potential (there is probably a reality check waiting for you, even in STEM fields). And you are also entering the financial game years behind your friends who only did an MS or MBA, which means you are already five years behind in terms of both lost income and compounding interest.)
My wife and I paid it all off in about a year. We found that once you become willing to make very difficult changes, you make progress faster than you think you will.
So, if you are in a similar boat and in the mood to get trounced, here are some resources that helped me take responsibility and make difficult and necessary changes:
The Total Money Makeover (Ramsey)
The Dave Ramsey debt snowball concept from this book is the number one tool that kept me motivated as I paid down credit cards and student loans. Reading this book initiated the process toward a whatever-it-takes mindset. I sold things I thought I’d never be able to let go of: my road bike, my iPad, a nice watch, and countless other things my generation feels entitled to. Does your family actually need two cars? I came to view those things as items I simply could not afford, no matter what justification I previously came up with. I don’t normally prefer a writing style like Ramsey’s, but frankly I thought it worked in this context. Cannot recommend highly enough.
Boundaries: When To Say Yes, How to Say No (Cloud and Townsend)
Here is a book that is ostensibly about maintaining a healthy relationship to all the various parameters in your life: people, work, health, yourself, etc. What am I personally responsible for in my key relationships? What am I not responsible for in my key relationships? This book touches every major area of life. But I found this book had a remarkable impact on my view of money and the personal responsibility I must take on with it. If I am in debt, it is a result of my decisions and actions. No one is going to bail me out, and the outlook will not improve until I own the situation, devise a plan, and walk it out daily over a long period of time. Ignoring a problem is unacceptable.
If You Can: How Millennials Can Get Rich Slowly (William Bernstein)
This is an outstanding short (30 min) read that markets itself as an investment primer for millennials. Here is a book that will show you why you have to eradicate your debt ASAP – you must start investing ASAP. If you cannot find the discipline to save, it does not matter how much money you make. It is full of practical advice and is a springboard to other, more in-depth, resources on personal finance and investing.
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy (Stanley and Danko)
I read this book because I have heard time and time again that if The Millionaire Next Door will not win you to frugality, then nothing will. What is the message? Many people who appear to be wealthy aren’t. Many people who are wealthy appear not to be. People who have truly taken responsibility for their financial future have no need for (and definitely do not feel entitled to have) “status artifacts.” Instead, and among a great many other activities, they live simply and spend significant time and resources planning for the future.
Seth Godin has written a handful of no-nonsense posts on personal finance. Seth rightly treats consumer debt as the emergency it is and offers practical suggestions to change. I also love some of his generally mentality which leaks through in these posts.
A few comments on personal finance blogs:
My advice is to mostly stay away from them unless they really tow the frugality line like the highly reputable Get Rich Slowly. I have found much financial writing which purports to help, instead subtly reinforces the mentalities that breed an indebted lifestyle. Instead of teaching you to take responsibility for your actions and make sacrificial changes, they distract you with “hacks” that never address the core problem or still tempt you to spend money. For example, you should be more concerned about becoming expert in your current field than getting your passive income gig off the ground. But that message probably doesn’t drive page views.
A few comments on tools:
You don’t have to spend a dime to make massive changes for the better. It’s tempting to rationalize further purchases off the bat that will help you meet your goals. This software or those fancy envelopes for your cash-only system. Don’t fall for it. You have to stop rationalizing spending. Every book listed above is available at your local library. All the tools you need are basically free: Mint.com, Excel, a Google spreadsheet, envelopes for cash (okay, $1).
Now that the fundamental building blocks are in order, I have undertaken a self-education in investing. I have a huge stack of books from the library and hope that I can report back at a later time about what I found most helpful.
(Disclaimer: Amazon affiliate links throughout, although you should probably just get these books from your local library.)
13 Jul 2014
“Sure, I could go see a movie, but that would mean I will finish my dissertation two hours later.”
My friends don’t believe me when I tell them I used to think this way during grad school.
Through no one’s fault but my own, I can admit that I basically forgot how to do things for fun and how to take care of myself. The quote above is a small glimpse into how much I worked.
That’s the literal mental calculus I went through in response to almost every social invitation outside of eating, sleeping, family time, and work. I still think along these lines all the time, even though there’s no reason to. I still feel guilty when I do fun things or play, as if it’s time wasted. I’m starting to accept that this isn’t normal, that ordinary people don’t feel this way. That it’s okay to read books or play ultimate or go to the climbing gym for the evening. It’s a process, but I’m getting there.
I’m learning there are things I’d rather finish two hours later.