Last week, I asked if you were creative. Before I get into the readers’ answers, I have a confession:
You’re wasting your time reading this blog.
It’s true. The reason is that everything that needs to be said has already been said. You wont learn anything new here. Jim Collins already covered investing. MMM and Jeremy from Go Curry Cracker have discussed the 4% Rule. All of the information is already out there. What can I possibly bring to the table? I try for two things:
- Share my journey: This was the reason I started blogging in the first place. I wanted to share my story and hold myself publicly accountable. I thought a blog would be a good way to do this. It turns out that it’s been loads of fun sharing my story. Almost everyone I have come across through my writing has been spectacular. I’ve also become a better writer and learned loads about personal finance.
- Present information in a way that resonates with someone: Just because thousands have already written about the 4% Rule and 401(k)s didn’t stop me from writing about them. Perhaps my style gets through to someone. When I wrote about the 4% Rule, I mentioned spousal infidelity, venereal diseases, KISS and Komodo Dragons. I’m 99.999999% sure on one has ever done that before. I hope someone got a laugh out of my writing and more than that, learned something about the 4% Rule.
Maybe the most important skill needed to write a personal finance blog is creativity. If you can mesh personal finance with fun stories and good ideas, you’ll be successful.
Here is what you had to say about creativity.
Mr CF from Cheesy Finance thinks creativity (or lack of it) is hard wired. I tend to agree:
My brain is wired to work with rules, which is the one thing you don’t want when you are trying to be “art” creative.
Cora from The Mini Millionaire reminds us that creativity can take many forms:
Just the same that you might find creativity finds a solution to a life-long problem – I mean it’s creativity / thinking about things differently that surely solves 90% of worldwide problems whether it be providing clean, safe, running water to Africa or creating smart roads to help ease the flow of traffic during peak times in the US.
Mr. SSC from Slowly Sipping Coffee is a one man bluegrass band. He can also locate oil. Those are some mad skills:
I think I’m creative. I play several musical instruments (banjo, guitar, dulcimer, sort of resonator guitar), I blog (that counts right?), and I work as a geologist, so most of my day is coming up with a new way to look at old fields and try to find new oil.
The Jolly Ledger reminds us that in some cases, creativity is suppressed:
I had a creative childhood but the practice is discouraged (wrongly) by my line of work as a scientist.
Finally, Mr. Tako reminds us that it’s OK to be a cook:
It’s OK to be a cook sometimes. I freely admit that when I see a better “recipe” than I’m able to come up with, I’ll cook it. I also try to *master* it.
Creation is one thing. Masterful execution is another.
Would you take 5% for life?
Do you read Financial Samurai? I don’t have time to read many blogs, but Sam writes some interesting material and I usually learn something too. Recently, he wrote about Yale’s endowment fund. In the post, Sam mentioned that the fund is “shooting for a 5% annual return.” Sam went on to say this:
If I could get a steady 5% overall net worth return every year, I’d probably take it.
So, how about you Reader? If you could get a guaranteed 5% for life, would you? You’re allowed to add as much as you want to your savings, but it will always earn 5%.
I know my answer, but I’ll save it for next week.
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