Category: Behavioral Economics
The Dean Wormer Guide to Personal Finance
As fate would have it, the movie Animal House came out a year before I went away to college. Not good. I actually embraced the fictional Deltas as role models, and my first round of college was characterized by far too much debauchery and far too little learning. But despite its harmful affects on my…
Is Your Life A Slave to Freedom By Choice?
Today we have a guest post from Kraken of Fireball Finances. He very graciously offered it to us because it aligns with the desire for freedom and the behavioral economics themes we focus on at Freedom Is Groovy. We hope you enjoy it. We all want freedom right? However, everyone sees freedom differently. Some see…
The Eve of Destruction Approach to Retirement Planning
I was in a groovy mood last night, so I decided to look at retirement planning through the prism of the grooviest music of all time—the music from the psychedelic 60s. Can I get a “woot woot” for Janis, Jimi, Mick, and the Lizard King? Yes, I know that’s weird. And, no, I wasn’t smoking…
The One Monthly Expense That Makes You A Chump
Up until five years ago, Mr. Groovy and I were the ultimate chumps. We rented a storage unit. We could not fit the entirety of our stuff into a 2,000 square foot home with an attic and a two car garage. No, we paid $60+ a month for the luxury of a temperature controlled 10…
Dad’s Socks
Growing up in the 60s and 70s, there was a ruthless fashion code that weeded out the cool kids from the nerdy kids. When you wore sneakers, you’d better be wearing white athletic socks. When you wore shoes, you’d better be wearing dress socks that matched the color of your shoes. Violate this rule—walk out…