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The most overrated concepts in personal finance.

At this point, I’m mostly retired. I officially stopped blogging about money nearly a year ago. I do update my personal blog from time to time, but not on any regular schedule. The only “work” I do on a regular basis is this: sharing interesting stories at Apex Money.

I’ve been wondering recently how much time I spend on this site. It’s not much, I know, but it’s not nothing either. So, this week I timed my Apex hours to quantify the work I’m doing. The result? I spent exactly three hours working on Apex this week. Not bad for a retirement hobby.

Let’s take a look at what those three hours of reading/watching yielded for you today:

How to stop catastrophizing. [Vox] — “Catastrophizing is a common thought pattern where you assume the worst possible scenario…Climbing out of the spiral that is catastrophic thinking requires both in-the-moment grounding techniques and big-picture reframing. Focusing on the reality of a situation — and not the story you’re telling yourself — can help blunt the anxiety of catastrophizing, experts say. Here are more therapist-approved tactics to help you avoid catastrophic thinking.” [I feel as if the entirety of U.S. society has become one extended exercise in catastrophic thinking. It’s so dumb.]

The most overrated concepts in personal finance. [Of Dollars and Data] — “In the world of personal finance, we are constantly bombarded with messages about the ‘one thing’ that could significantly improve our financial lives. Whether it be a particular kind of investment, a novel mindset, or the latest money-saving technique, there’s no shortage of ideas on how to get ahead. Unfortunately, while many of these ideas are great in theory, they tend to not measure up in practice.”

Our complicated relationship with Stuff. [The Root of All] — “Material objects allow us to explore not just space but also time, even fueling nostalgia for a past we’ve never experienced through collections of vintage cameras, records or typewriters. Moreover, certain possessions mark life’s milestones, such as your first car, home, or stroller. Whether right or wrong, these items have become modern rites of passage. In essence, our belongings make the abstract tangible, serving as anchors to our past lives or stepping stones toward our future aspirations.”

Our final “bonus video” of the week isn’t a single clip. No, it’s an entire YouTube channel! Here’s the home of Ron Calverley, a typical (?) older Canadian gentleman.

Why is this channel remarkable? Because for the past several years, every day Ron has documented his progress building model ships. Here, from five years ago, is the first day of Ron’s model-building series.

It wasn’t until episode 31 of this series that Ron acquired the model ship he intended to build!

It took Ron over a year to build his ship. Here, in episode 474, he gives a tour of the completed project.

And here’s a recent installment (part 1894!) in which Ron continues to build models.

There’s something tremendously comforting about Ron and his videos. It feels like hanging out with my father (who died thirty years ago) or his brother.

Anyhow, I’ve subscribed to this channel now, and I’m perfectly happy to play this in the background while I do other things. It’s homey.

That’s all I have for you this week. Jim will return on Monday, and I’ll see you in ten days. Adios!