10 Signs You’re a Certified Money Nerd
Please share!
49
My name is Peerless and I am a certified money nerd.
- The first thing you do when you wake up around 6:30 a.m. CST is check Rockstarfinance.com to read the three best articles of the day! You secretly wish they would post articles on Saturday and Sunday as well. If you are a personal finance blogger, you might check it first thing in the morning to see if your article has been featured! See my article Read Rockstar Finance Articles Daily to Increase Your Financial Knowledge.
- You love to listen to at least five personal finance/business related podcasts a week! When you are commuting to work, you prefer listening to your favorite podcast over listening to music. Check out some of my favorite personal finance/business related podcasts below. The last podcast I listened to was Choose FI’s episode 61 Mindfulness Cory Muscara. Prior to that, I listened to my other favorite one called How I Built This. My absolute favorite podcast is Freakonomics; there is always a unique perspective given on some economic topic. Plus, Steven Dubner always gives his listeners both sides of the story!
I use Podcast Addict. What app do you use to listen to your podcasts? - You have read at least two books on ESI Money’s book list titled The Only Five Money Books You’ll Ever Need. The books on his list are: The Millionaire Next Door, Your Money or Your Life, The Richest Man in Babylon, The Boglehead’s Guide to Investing, and How Much Money Do I Need to Retire. Prior to coming across this reading list, I had read the first three. Best believe I have added The Boglehead’s Guide to Investing and How Much Money Do I Need to Retire to my reading list!
- Your idea of fun is studying financial terms on Investopedia.com. At the very minimum, you have signed up to have the term of the day e-mailed to you. As a result of studying these terms, you may try to introduce them in conversations with your friends. Unless they are a finance nerd like yourself, do not do this! They will have no clue what you are talking about.
Warning: studying these “hot” definitions on Investopedia will make you super attractive! - Sometimes you have dreams about financial concepts. When I was sleep one night, I had a dream about the rule of 72. The rule of 72 is used to estimate when your investment will double. For example, if I invest in Peerless Enterprises and it has a constant rate of return of 10%, I can expect my investment to double in 7.2 years (72/10). If you are in debt, the Rule of 72 shortcut can be used as powerful motivator to knock it out ASAP. Let’s say you have a Stay Broke Phi Broke Forever card with a whopping 14% interest rate and a balance of $5,000. Using the rule of 72, you will find that your debt will double to $10,000 in 5.14 years. Given a constant rate of return of 5%, use the rule of 72 to find out how many years it will take for your investment to double!
- You sometimes stay up late consuming personal finance content. When you try to get some rest, your love of financial ideas prevent you from doing so. I have stayed up late binge listening to personal finance and/or blogging podcasts. Last week I stayed up until 1:00 a.m. listening to the Do You Even Blog podcast. I decided to give a shout out to the host Pete on Twitter and he jokingly told me sleep was important!
- When your friends panic when the stock market goes down, you just buy more when the price is low! Through years of studying personal finance, you have learned to master your emotions. You gotta keep a long term perspective. The stock market is volatile but it generally trends upward! Below is a reminder from ESI Money!
ESI Money explaining how the market works! - You know what FinCon is and you have attended and/or want to attend for the first time this year. FinCon is a conference where awesome people in the personal finance space get to network and secretly plot how to take over the world. Just joking! But, seriously, it is a place where they meet up to network and “learn to create better content, reach their audience, and make more money.” I have not been to one yet but I would love to attend this year!
- You get super excited when Netflix adds a new documentary about money. When the Minimalism documentary came out, you probably watched it more than once! The latest documentary to drop on Netflix is called Dirty Money.
- You are a personal finance blogger. Why else would you spend time writing weekly post if you were not addicted to personal finance? As a peerless blogger, I am constantly thinking about ways I can put a unique personal finance spin on things that happen to me in my everyday life. or content I consume. When I need inspiration to write, I digest what is out there in the personal finance blogosphere. While some people warn not to consume other people’s content if you are a creator yourself, I disagree with their view. No one can write like you if you let YOUR voice shine through! I will leave you with a quote before I go to sleep (It’s 1:00 a.m.) from a book I am reading called
- The first thing you do when you wake up around 6:30 a.m. CST is check Rockstarfinance.com to read the three best articles of the day! You secretly wish they would post articles on Saturday and Sunday as well. If you are a personal finance blogger, you might check it first thing in the morning to see if your article has been featured! See my article Read Rockstar Finance Articles Daily to Increase Your Financial Knowledge.
What’s the Verdict?
Are you a personal finance addict? Let me know in the comments section below! Share quiz with your friends!
7-10 checks =Definitely a money nerd
4-6 checks= You are somewhat of a money nerd
0-3 checks = What are you doing with ya life? 🙂
49
Author: Jerry
Jerry is a Business Insider Contributing Writer who is obsessed with personal finance. He believes you can improve your financial situation by applying principles taught by the financial independence community to your financial life.
If you are having trouble saving, he recommends that you join the SaverLife Savings program where you can get a $60 reward after six months (no income requirement). All you have to do is put a minimum of $20 a month into a savings account. Easy, right?
For a fun read, check out his article 10 Signs You’re a Personal Finance Addict to see if you are a personal finance nerd.
Before you go, check out the new From Broke to Financially Woke Interview Series.
Also, please subscribe below if you found his content valuable and want to continue following him as he documents his own journey from Broke to Financially Woke!
Haha! Nice list!
See you at FinCon this year?
Lol. Thanks, ESI! Hopefully I will be able to attend this year. I need to submit my time off request asap!
DO IT.
1 – This was great lol. I sincerely enjoyed the list, and I’m also guilty as charged for most of these.
2 – Thanks for the mention of course, and actually MORE for the, ya know, actual listens?
3 – yes, FinCon 2018. Come.
Thanks for dropping by, Pete! I am glad you enjoyed it! My goal was to make it a fun read. Keep up the good work with Do You Even Blog. I’ll keep listening! Maybe not at 1:00 a.m. though lol
Loved it!
BusyMom recently posted…Ripping up a Dollar Bill
Glad you loved it! Thanks for dropping by and keep up the good work.
Haha. Nice post. Im guilty of alot of these. Some of those books i havent read though. Add em to this list!
Rob @ Passivecanadianincome recently posted…Loans for Investing?
Thanks for stopping by, Rob! Glad you enjoyed the post! Which ones are you guilty of!?
I can identify with all of those. The other day I had a dream or should I say a nightmare that at work, I made a mistake and introduced myself as Ms99to1percent instead of my real name 🙂 When I woke up, I was happy to realize it was just a dream 🙂
That’s hilarious! Does any one at work know about your blog?
Lol loved the list! I’m guilty of staying up way too late reading personal finance blogs. It’s like a black hole that sucks you in, and before you know it, it’s 3am and you don’t remember how you got there.
I also want to attend FinCon. It seems like one of the few places where people will care about the things that I find to be so fascinating!
Lol. You are right! I get sucked into the black hole a lot. We should go!
Great article! Made me laugh because it is so true!
Lol! Thanks for stopping by! I will check your site out when I get a chance
Hahaha #2 and #10 are my favorite. Hoping to make it to FinCon one of these years…
Thanks for stopping by @Angela! What are some of your favorite podcasts?
jobrown2787 recently posted…The Power of Books and How You Can Read for Free!
That was excellent! And entertaining.
Lately I have been looking at the spending side of personal finance as one might look at an addiction. Every expenditure is looked at as ic it was a cigarette. I really want it but should I actually but it. That had done wonders to cut waste from my expenses. (And yes, I very recently quit smoking too)
Thanks for reading, Peter! I am glad you were entertained! Congrats on conquering your cigarette addiction! How long has it been since you have had a cigarette?
Me reading this post, mentally going “yup, yup, yup…”
FinCon is one of the few things I haven’t had the pleasure of experiencing yet! Hopefully, I’ll be able to do that this year.
Jane @ Cash Fasting recently posted…The Unexpected Side Hustle
Thanks for stopping by, Jane! It is always good to meet a fellow addict lol. Hope to see you there if my time off gets approved!
jobrown2787 recently posted…A Tale of Two Nissan Altimas: by Former Rockstar Rumble Competitors
Great article. I am guilty of almost all ten. Not so much with #2. I like podcasts, but do not listen to five per week. On average, I listen to one per week.
Dave recently posted…An Abundance Mindset
Thanks for stopping by, Dave! I am glad you enjoyed reading the article. What are some podcasts you listen to?
jobrown2787 recently posted…A Tale of Two Nissan Altimas: by Former Rockstar Rumble Competitors
Cool list……was checking them off going yes, yes…..then damn investopedia…term of the day? Need to sign up for that now!
Ms ZiYou recently posted…Why start a blog?
Thanks for dropping by, Ms. ZiYou! Haha. Thanks for reminding me that I need to take a look at the term of the day!
Great post – I tick one or two of the boxes, but definitely not all. Does that count as Room For Improvement, or does that mean I am a balanced person.
Some good ideas on the list I hadn’t even thought if though.
Thanks for stopping by, Erith! I think it means you are a balanced person. I can be somewhat obsessive at times lol
I’m not an addict I can quit anytime I want! I should stop kidding haha. Just call me Pookie. I’ll be at my first FinCon this year! Very excited for that!
Brandon recently posted…Frugality is Stupid
Thanks for stopping by, Brandon! Wait, I meant to say stop for dropping by, Pookie. Hopefully I will see you there. Just got my Southwest bonus points! Let’s see if I can travel hack my way to FinCon!
I’ve only read the first book out of that list (The Millionaire Next Door). I definitely need to read the others. I have The Richest Man on Babylon in a pdf on my computer.
I use Pocket Casts for Android for my podcasts.
Thanks for dropping by Joe! The Richest Man in Babylon is a quick read. I believe it is just over 100 pages. Thanks for sharing what podcast app you use. I’ve never heard of that one before.
You write in, concerned, the one time Rockstar Finance email is late…..lol. Check!
Lol. What was Rockstar’s response when you wrote in?
I am actually only slightly addicted, got 6 out of 10. Disappointed I thought I was addicted,… 🙂
I must say I really love number 7, oh man it s crazy to see how people are panicking over 3% swings in the stock markets,….
And you caught me red-handed with number 6, it is 11.21 pm here in Europe!
Lol. 6 out of 10 is good in my book! How long have you been blogging? It is currently 4:28 p.m. here.
Hey there, for about 1,5 years.
It is a great hobby, it has brought me a lot especially since I do a lot of research I learn and read more than before and it helps to connect with many people.
Awesome! I have been blogging for six months now. I share your passion for learning! The majority of my time is spent reading and doing research.
This is great! I love you used the rule of 72 to show how debt will double. Great motivator!
Thanks, Ms. Fiology! Glad you enjoyed reading it. Yes, I definitely concur. It should be a powerful motivator for knocking out debt (especially high-interest debt).
Guilty, I’m an addict! And I absolutely love Freakanomics, one of the best podcasts around. Dirty money was also a good watch on Netflix.
Hey, Passive Income NZ! Welcome to the club :). Have you watched any other money related documentaries on Netflix lately?
I love it, because it is true!
Phillnance recently posted…Take Control of Your Life With Three Simple Habits
Hello Phil,
Thanks for reading and commenting! What was your score!?
-Jerry
Late to the party here, but I guess I’m only slightly addicted. Phew! On the other hand, I really should start listening to podcasts. That could up me to officially addicted. So I guess I’m on the precipice!
Hello Abigail,
Thanks for stopping by! You are so close! When you get a chance, check out my 7 Peerless Money Podcast Recommendations. I’m sure you will find something you like on that list :_)