Search for posts by Frank

Search found 4 matches:


Frank

49, male

  Newbie

Posts: 4

Re: FiClub: bringing awareness to personal finance

from Frank on 04/17/2017 12:04 AM

Brent,

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!

-Frank

 

Reply

Frank

49, male

  Newbie

Posts: 4

FiClub: bringing awareness to personal finance

from Frank on 04/15/2017 06:02 PM

Hi folks,

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:
https://www.ficlub.org/single-post/2017/04/10/They-keep-telling-me-to-mind-Expenses-lets-not-forget-Income

Reply

Frank

49, male

  Newbie

Posts: 4

Vendor Search: Platforms for online communities

from Frank on 01/17/2017 08:49 PM

I am exploring the possibility of creating Fi-Club as an online community that features user-generated content at its core and that integrates with personal coaching apps and budgeting apps.

* https://www.quora.com/What-platforms-exist-to-create-a-white-label-social-network

Research continues...

Reply

Frank

49, male

  Newbie

Posts: 4

Re: Have you read The Power of KM?

from Frank on 12/25/2016 02:30 AM

I have read The Power of KM and also Brent's previous book The Rainbow Bridge.

I am a financial services professional working for a large organization that is going through many transformations, some of which are leaving individuals feeling stranded and perplexed because the company had not, prior to the changes, invested in creating the type of culture or structures for managing information that would allow its members to understand what is happening around them and what their role is in shaping it.

In the meantime, I am exploring the possibility of launching my own venture, Fi-Club, a personal finance self-help community that applies concepts and theories from psychology and behavioral economics. The science of habit formation tells us that small daily changes are achievable through managing motivation, understanding the limits of abilities and setting the right triggers for action. Finance teaches us that compounding small sums over time can lead to large results.

Knowledge Management will be at the core of what I intend to build, as will community and a framework for harnessing user-generated content to share wisdom that positively impacts lives.

Reply

« Back to previous page