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The five levels of wealth.

Good morning, Apexians. J.D. here, and I’m three days late. That’s right: I forgot to share links with you on Monday and Tuesday. Totally my fault. But I’m here today and I’ll be here tomorrow. So, let’s look at what I’ve found for you!

The five levels of wealth. [Physician on Fire] — “Instead of a distinct monetary amount, it’s nice to think of [wealth] in terms of real-life situations we can relate to. This takes into account the cost of living and really what your lifestyle is like. Using these ideas as a framework, I’ll explain my version of the different levels of wealth.”

Why you should (almost) always make the first offer. [Lifehacker — remember that site?] — “The irrational power of the Anchoring Effect is why making the first offer (sometimes called “dropping the anchor”) is a powerful tool in a negotiation. But that doesn’t mean it always works—you need to know how to use it in order to get the full benefit of the effect. Here are some things to consider when planning to drop an anchor into a negotiation.” [Actually, I’ve always heard that you should not make the first offer, so this is news to me.]

Questions to ask yourself before you buy anything. [No Sidebar] — “It’s one thing to declutter your stuff and make new space, but resisting the consumer itch is another beast entirely. Everywhere we go we’re bombarded with marketing, and it’s cleverer and more subtle than ever…So how do you rewire your desire, exactly? You can start by asking yourself seven simple questions every time you’re considering buying something new.”

To close things out today, here’s a lovely (non-financial) video of a father teaching his daughter the song “Moon River” from baby to seven years old. It’s a sweet montage.

But wait! There’s more! Here’s the same girl playing “Moon River” on her own (serenading the family dog). And here she is playing John Lennon’s “Imagine” to a cat.

That’s it for today. I’ll be back with you tomorrow. See you then.