Fill The Gap Education

The things we don’t get taught in school: personal finance, philosophy and emotional education

[max swan @max_swanFTG]

Monday Mood Boost: the most profound idea you can ever learn about yourself + the world

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[Fill The Gap Education @FillTheGapEDU]

@peteroscoe if you can buy, you get gains on the property + potential income from spare room rental or holiday rental.

so if you secure a low interest rate, it’s a no brainer i think.

the mortgage payment will come down with time and become negligible.

cherry on the cake: peace of mind.

[Fill The Gap Education @FillTheGapEDU]

@peteroscoe so true.

and this is GOOD

because you can then focus on actually important things in your life like:

- quality relationships
- great experiences
- education
- fun

[Fill The Gap Education @FillTheGapEDU]

books that will change your life from

poor -> rich:

• psychology of money @morganhousel

• almanack @naval

distracted -> present

• the mind illuminated; culadasa

depressed -> fulfilled

• enchiridion; epictetus

• conquest of happiness

• siddartha; herman hesse

[Fill The Gap Education @FillTheGapEDU]

@JJsFinclub powerful diagram.

it all comes down to your ego.

if your ego is small enough to live frugally, go without status items and be patient in the stock market, you’ll win in the long run.

if your ego is too big, you’ll always feel the need to buy more and impress others.

[Fill The Gap Education @FillTheGapEDU]

@david_perell a true 🐐 of the personal finance game.

my favourite of @morganhousel’s mental models is of playing your own game.

life is a game.

work out what your end goal is and focus on that.

investing for 20 years time? forget the daily markets.

disregard other people’s games.

[Fill The Gap Education @FillTheGapEDU]

@WOLF_Financial most people in society have a misconstrued view of money.

it doesn’t buy happiness.

it protects you from downfall.

and allows you the freedom to choose how you spend your time.

use money to get the true riches of life:

- time with loved ones
- freedom
- choices
- health

[Fill The Gap Education @FillTheGapEDU]

@RDelaney Very important to be kind to yourself when meditating, especially at first.

The Mind Illuminated talks about this really nicely.

You must cultivate joy when practicing.

Be happy you remembered the breath.

Because what gets rewarded, gets repeated.

[Fill The Gap Education @FillTheGapEDU]

@AccentInvesting You’re the average of the five people you spend the most amount of time with.

Choose your circle wisely, indeed Kenny.

[Fill The Gap Education @FillTheGapEDU]

@AccentInvesting Here’s what I’m currently invested in.

$VFEM

$VHYL

$SGIL

$CMOP

All based off Benjamin Graham’s Intelligent Investor strategy.

I’m investing for the long run here with over 70% in equities.

Contributing monthly.

Planting the seeds for a future money tree.

[Fill The Gap Education @FillTheGapEDU]

Adapted from @FillTheGapEdu’s blog post:

https://t.co/ElGCwxpjyq

[Fill The Gap Education @FillTheGapEDU]

Monday Mood Booster; Nothing Matters

[Fill The Gap Education @FillTheGapEDU]

Reading Schopenhauer is like applying a soothing balm to a wound.

He relaxes me. Makes me feel physically better.

He’s just so spot on.

If you haven’t read the first chapter of his Essays and Aphorisms, I urge you to.

[Fill The Gap Education @FillTheGapEDU]

“We receive three educations, one from our parents, one from our school masters, and one from the world. The third contradicts all that the first two teach us.”

[Fill The Gap Education @FillTheGapEDU]

In Bordeaux this weekend and stumbled across these two on the walk into town.

Amazing to see a city revere critical thinkers like Montesquieu and Montaigne.

Beautiful city, and not just for the respect given to philosophy.

[Fill The Gap Education @FillTheGapEDU]

“A truly virtuous man would come to the aid of the most distant stranger as quickly as to his own friend.
If men were perfectly virtuous, they wouldn’t have friends.”

[Fill The Gap Education @FillTheGapEDU]

Bertrand Russell is a fantastic philosopher.

For those unacquainted, start with his ‘Conquest of Happiness’

Incredibly insightful book on human nature and happiness.

[Maria Popova @themarginalian]

Remembering Bertrand Russell, who died on this day in 1970 after living through a century of world wars and civilizational chaos, with his immortal wisdom on the salve for our helplessness and disorientation https://t.co/z2oIo2EWv0

[Fill The Gap Education @FillTheGapEDU]

@brainpicker His best work for a broad audience is the Conquest of Happiness.

Incredibly insightful read into what makes humans happy.