After I posted my reply, I thought about it on and off throughout the day and figured you probably don't delve into macroeconomics, because it seems that FiClub.org focuses on practical everyday personal finances. I think there is a great need for your club and I wish you great success with it. I look forward to checking in every so often and reading the conversations that are taking place.
Thank you for the encouragement! I do not intend to cover macroeconomic sorts of topics directly and I believe that the specialist audiences with an interest in the topics are already served by entities like Dow Jones or Bloomberg with massive resources to gather and analyze large set of data and with access to financial journalists, economists and government officials to be able to interview on the topics and chase the breaking headlines as they come across the ticker. That is not FiClub.org
It does not, in my opinion, serve our target audience of "regular people" to be distracted by complex, fast moving macro events beyond our control. and honestly, beyond the comprehension of most of the experts until after the events play out. We want to keep our worm's eye view on the micro decisions of individuals - your day to day spending and saving decisions. The actionable and the psychological and self-trust hurddles to taking those beneficial actions. For the macro topics, I'm happy to present the consensus view with a grain of salt. That grain of salt not being "but we know better", rather the grain of salt is "this may not matter to you personally, even if it comes to pass that way or a different way". In my own life, worrying about the economy when I am at the grocery store does not help me stick to my healthy eating plans and budget.
I love reading tidbits of the macro events personally but if I delve into that too much in the blog and recommendations, feel free to call me out for not being true to my word of writing something to help the reader vs. entertain myself. In tomorrow's post about debts, we do make quick mention that interest rates may go up, and so paying off debt sooner than later may be wise for those who can.
Cheers & Happy Easter to those who celebrate it!
This is a great idea and I'm so glad to hear you're still growing the project.
Do you have any plans to cover macroeconomic issues such as things like the currency wars taking place, the dollar's reserve status and other currencies that may be coming down the pike, etc.?
Great to see you here Bostonyooper! So glad to hear you guys are still married all these years later. Welcome (back!) to ECC!
I recently co-founded a project called FiClub you might be interested in.
Motto: "Psychology teaches us that habits are built through small daily changes and finance teaches that, through compounding, small changes can lead to major transformation over time"
We're starting small and growing from a core group of people who are open to discussing how they approach money and how they make decisions on finances. We intend to share blog posts periodically that cover the intersection of behavior and selfmastery with personal money management.
Here's our latest post, hope you enjoy:
I was GEEJ ...later Bostonyooper! Frequented the 30's room --- and floated around in other rooms for the heck of it - 40's as well.
Met the love of my life there (1996) and married him in 1998. Still married after all this time and going strong...
Thanks for bringing us back Brent!
I was Jewel or Jewls in the Park, used to frequent the 40s or romantic 40s till the Park closed. I am from Australia. Miss The Park a lot.
I was a frequent flyer at The Park along with my best friend who has since passed. I was Mackdaddy and he was Dr Jones...We always went to the Hippie Room. I remember a girl he used to talk to from Canada named Mary Jane. It was an awesome place to just communicate. I consider it a foundational part of my social development.
Hey there Rain, welcome to ECC!
What were your favorite areas of The Park?