Today is Tuesday, money nerds, and this is Apex Money — your source for all of the best in personal-finance news. Today, we have four great features for you. Enjoy!
You don’t have to monetize your joy. [Man Repeller] — “It’s no surprise we feel pressure to monetize our spare time. The cult of busyness is one of the most toxic aspects of our culture, but…we don’t have to monetize or optimize or organize our joy. Hobbies don’t have to be imbued with a purpose beyond our own enjoyment of them. They, alone, can be enough.”
Doordash and pizza arbitrage. [The Margins] — “If someone could pay Doordash $16 a pizza, and Doordash would pay his restaurant $24 a pizza, then he should clearly just order pizzas himself via Doordash, all day long. You’d net a clean $8 profit per pizza.” I love this story. It’s amazing. I’m very wary of these food delivery services; I think they’re a long-term net negative to the economy. So, it’s interesting to see a business owner getting some sort of petty revenge.
“Will spending an extra $500 per month improve my life?” [My Money Wizard] — “Will spending an extra $500 a month actually improve my life? We’ll see. Maybe it will be some of the best money I’ve ever spent. Or maybe I’ll decide a lot of the splurges aren’t worth it, or I’ll otherwise come way under budget. So far, I’ve experienced both.”
Life-changing economic theories applied to personal finance. [The Woke Salaryman] — “Here are six theories that made me wish I [learned economics] earlier. We’ve reframed these so that it applies to individuals instead of entire countries or geopolitical regions. Here’s to hoping it helps tweak your perspectives. They certainly changed mine.”
To close things out for today, here’s a short video featuring all sorts of cute woodland critters captured on spy cams. Aren’t they cute?
I keep telling my girlfriend that we need to own a couple of foxes. They’re cats that look like dogs! She’s not convinced…
Okay, that’s plenty for this Tuesday. I’ll be back tomorrow with even more fun and games on the road to financial freedom.