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Four Patterns Around Money

Interesting NY Times article from a couple years ago -- "Net Worth, Self-Worth and How We Look at Money."

It gives a brief summary of an academic paper that found four basic patterns around money:

1. Money avoidance2. Money worship3. Money status4. Money vigilance

The first was avoiding money by being worried about its negative effects, or thinking it's dirty to have. People with money avoidance tend to have low incomes, low net worths, and are young.

Money worship means people think that money will solve all their problems, which has its own negative effects. While these people get wealthier (obviously), it places a lot of personal self-worth on having money and leads to risky and neurotic behavior.

Is Exponential Growth Possible?

On The Best of Sett

This site is for people who want to grow exponentially; to improve their ability to improve themselves. Is this even possible?

Here's an exponential curve:

Making one positive change makes it easier to make more positive changes in future. So at first glance, it looks as though your rate of growth should keep growing, and that exponential improvements are possible.

But clearly you can't grow exponentially forever. We don't encounter people who've reached a "productivity singularity" where they can complete their daily tasks in five minutes, and spend the rest of their time reading time-management books (while jogging on a treadmill) to become even more efficient.

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