It looks like this podcast has ended some time ago. This means that no new episodes have been added some time ago. If you're the host of this podcast, you can check whether your RSS file is reachable for podcast clients.
Solve my World
by JosephDesigning solutions to the problems in our personal lives and in the world!
Copyright: Joseph
Episodes
Retirement or Financial Freedom
26m · PublishedThe cultural norm is currently that we work until 65 and then retire. This is looked at as everyone’s dream, work hard your whole life so that you can retire at 65 and just relax the rest of your life.
Is this really what we want and for that matter, is it what actually happens?
https://www.marketwatch.com/story/more-people-are-returning-to-work-after-retiringand-theyre-happy-about-it-2020-01-31
Many people are returning to work after “retiring” sometimes several times.
So if the holy grail is that we can give up working at 65 then why do so many people continue working long past that?
I believe that we all want to find meaning in our lives. Working is a way that we help others and contribute to the world. If this is true, why would we ever want to stop?
I think the reason the idea of retirement is so appealing is because when we “retire” it means that we no longer have to work, any working we do after that is a choice.
Once we don’t feel like we have to work, any work we do is much more enjoyable and fulfilling.
So why do we need to wait until 65 to get to this point?
We don’t!
Let’s change our mindset, instead of focusing on retiring sometime in the future, what if we focused on becoming financially independent as soon as possible.
What is financial independence? I define it as when you have enough money, or passive income, that if you decided that you didn’t want to work tomorrow, you wouldn’t be stressed about it, at least not from a financial perspective.
Maybe this means that you could start working part time at your current job and still have enough money to get by for a year while you worked on a side-business you’ve always wanted to do.
Maybe it means that you can take a lower paying job that gives you more meaning and still be able to support your family.
Maybe it means you can simply work for non-profits the rest of your life with no pay.
Maybe it's just taking a year off from your current employment
The point is that you are free! If you don’t want to go to work you don’t have to! You only work when and on what you want to!
It might take you until your 65 to get to that point but it also might only take you until you’re 30 or anywhere in between.
So how do you become financially independent? Good question!
I’m not anywhere close right now but it is my goal to get there as soon as possible.
A few tips I’ve heard from people who are financially independent:
Start saving... a lot! Many people start saving as much as 50% or more of their income. Just think, if you saved 50% of your income, you would technically only need to work half the year!
If you save 50% for 5 years think of how much money you would have!
Invest wisely, investing is a great way to increase your savings at a faster rate, but remember that if you aren’t getting good advice and really researching and learning about investments you could very easily lose a lot of money.
You will probably lose money on many of your investments but you want to learn from your mistakes and get better over time.
Either increase your income or decrease your spending or both! This allows you to save and invest even more.
Organizing
26m · PublishedLeave some feedback or ask a question
A place for every thing and everything in its place -Benjamin Franklin
Start big picture. Instead of finding a specific place for everything find a home for categories of things. Food in the pantry, dishes in this cupboard, pots and pans in this one.
Once you have the basic areas for things you can start to organize each area more specifically. Canned goods here, fresh stuff there, etc
No point in starting with the specifics when often you end up changing it all around anyway.
When organizing an area, make sure that you only get out enough stuff that you will have enough time to put it all away.
Ask yourself if it’s worth finding a place for the thing/storing it. If not, decide if you want to sell it, recycle it, give it away, or throw it away
Have a place for homeless items
Pick one area and anything that is not in its home:
- If it has a home, put it there
- If it doesn’t then if you can think of one in less than 30 seconds then do that and follow step 1
- If you can’t think of a place right away, put it in the homeless area.
Homes:
Make it easy to put away. If you want something, you will take the time to get it but if it’s hard to put away then you often just stick it somewhere
If you’re not sure where something should go, ask yourself “if I needed this, where would be the first place I would look?” Usually this is a good indicator of where it’s home should be.
The more frequently you use something the more convenient it should be to get it out. If you only need something a few times a year, you can put it in an inconvenient spot but if you use something every day it should be easy to get to.
If you use things together, think about putting them close by
--- Send in a voice message: https://anchor.fm/solvemyworld/messageGum Chucks! The Best Way to Floss! (No Really)
15m · PublishedLeave some feedback or ask a question
https://youtu.be/qpX3YxM2YvU
https://gumchucks.com/
“According to the American Dental Association, you should floss at least once a day in order to maintain optimal oral health and prevent gum disease. If your gums are really healthy, flossing every other day or 3-4 times per week is fine. If you ever see any blood on your floss, just increase your frequency of flossing until any bleeding stops.”
https://www.brigliadentalgroup.com/blog/oral-hygiene/how-often-should-you-floss-your-teeth/
--- Send in a voice message: https://anchor.fm/solvemyworld/messageDesign a Stable Currency (No Inflation or Deflation)
34m · PublishedLeave some feedback or ask a question
https://steemit.com/cryptocurrency/@littlejoeward/cryptocurrency-with-little-to-no-inflation-or-deflation
Purpose of Money (To store the value of our working time)
Attributes of a good currency
- Transported
- Spent
-
Hold Value
-
Problems with Inflation
- Money loses value over time
- Money loses value over time
-
Problems with Deflation
- New users to the system are penalized
- Hoarding is encouraged, potentially leading to a deflationary spiral
- New users to the system are penalized
-
Problems with Inflation
How to create a true stable coin (Match Supply with Demand)
Tie to the worth of human time
- Money represents our working time so the value should follow human working time.
Design of System
Stable Coin - Tempus (Time)
- Maintains stable value in relation to human work time
- Users mint new coins by proving they are human and spending time
Shares
- When new coins are minted, a percentage goes to shareholders.
- New shares are created (5% annually) and sold for tempus that is burned
Increasing supply
- Users mint new coins by proving they are human and spending time
- For every new coin minted by users, a percentage is also minted and given to shareholders (or perhaps just used to buy and burn shares?)
Decreasing supply
-
Steady rate of burn (In theory, if there is a constant rate of burn then we should avoid the “death spiral”)
- Inflate shares to buy and burn tempus
- Inflate shares to buy and burn tempus
Proof of Human Work
-
Captcha market (I don’t really like this idea but it’s the best I’ve got so far)
- captchas that prove you are human
- Users are given a random captcha to prove they are human and mint new tempus
- captcha developers get paid with bonds that mature at a later date (1 year?) and can be seized if the captcha is shown to be cheating the system
- Bounties for discovering cheating users/ captchas
- captchas must burn tempus to be listed/they must pay users out of pocket for an amount of time (1 Year)
- captchas that prove you are human
- Maybe try to determine the value by analyzing the fees people pay
- Some other way to find how much people value their time
https://docs.google.com/document/d/1y3KQjNfxk73xKQQEx3uLIuglmGEp5TeRTJAu13lhHSs/edit#
--- Send in a voice message: https://anchor.fm/solvemyworld/messageEasy Budget
43m · PublishedLeave some feedback or ask a question
Recurring:
Expenses that happen on a regular basis that you are committed to pay
Reserve:
Expenses that you know will happen but you're not sure exactly when or how much they will be.
Discretionary:
Everything else
Steps:
- Take your income
- 10% for charity
- 10% for investing
- Fund recurring items
- Take 10% of what is left for reserve
- The rest goes to discretionary income
Track your expenses and subtract them from your saving categories
--- Send in a voice message: https://anchor.fm/solvemyworld/messagePick a Person
12m · PublishedThis algorithm is designed to select a random participant from a group by having each participant select a random number.
This allows for a decentralized and tamper proof way to select a random participant.
Following is a brief explanation:
Each Participant picks a number between 1 and the number of participants.
You then take the sum of the numbers and get the remainder after dividing by the number of participants.
The remainder is the participant that is selected. (remainder 0 is the last participant)
To see an example of a single round click here.
To run a test to see if the algorithm is truly random click here.
https://github.com/littlejoeward/group-randomizer
--- Send in a voice message: https://anchor.fm/solvemyworld/messageHow Does Money Work?
29m · PublishedA currency is simply a type of commodity that's use is facilitating trade
A good currency needs:
The ability to be transported easily
The ability to spend easily
The trust of people that it will hold value in the future.
You don't need to tie a currency's value to another commodity
Original Article
--- Send in a voice message: https://anchor.fm/solvemyworld/messageHow to Change Your Mind (and flat earth theory)
1h 10m · PublishedHow to disagree productively and find common ground | Julia Dhar
Leave some feedback or ask a question
We all have opinions on how we think the world works
What are the chances that you are right with all of them?
Your chances will actually increase if you are actively changing your mind to be more correct over time.
Ask yourself, what would it take to change your mind
This opens you up to the possibility of being wrong
This doesn’t mean the you should change your mind all the time
Sometimes you are right, you just need to give equal weight to your opinion as to others’ opinions.
Just because you hear something new doesn’t always mean you need to change your mind right away
There are reasons people (or you) believed the things that they do. Take that into account
Sometimes the reason is ignorance. In this case when you learn something new it can change your mind
Most of the time there is a counter argument, find out what the counter argument is and the counter argument to that argument.
Most issues have been debated back and forth enough times that there are good arguments and counter arguments for each issue
Usually it comes back to where your worldview originates and what is most important to you.
Flat Earth Theory
What would it take? There would need to be a convincing set of arguments to explain the natural phenomena we experience.
--- Send in a voice message: https://anchor.fm/solvemyworld/messagePocket: Saving Articles to Read Later
17m · PublishedLeave some feedback or ask a question
http://getpocket.com
Use share feature to instantly save articles
Read at your leisure
Offline mode
Article View
Text-to-speech
Easily Share
Tags (open to the “not tagged” page)
--- Send in a voice message: https://podcasters.spotify.com/pod/show/solvemyworld/messagePocket: Saving Articles to Read Later
17m · PublishedLeave some feedback or ask a question
http://getpocket.com
Use share feature to instantly save articles
Read at your leisure
Offline mode
Article View
Text-to-speech
Easily Share
Tags (open to the “not tagged” page)
--- Send in a voice message: https://anchor.fm/solvemyworld/messageSolve my World has 63 episodes in total of non- explicit content. Total playtime is 22:52:34. The language of the podcast is English. This podcast has been added on November 25th 2022. It might contain more episodes than the ones shown here. It was last updated on April 10th, 2024 13:43.