Year-end Accounting Class

It’s time to sharpen our pencils, pull out the ledger and take account of the year we just lived through. How are you tracking on your personal wealth goals?

That’s something they never taught you in Accounting 101. But if you’re using any other measure, you’re doing it wrong.

Your legacy compounds daily. Keep investing!

Happy New Year!

My early Christmas present

On Monday (“Festivus!”), I met a couple of friends downtown for happy hour. Because I’m a cheapskate, I parked at a spot off the grid, where there are no parking meters.

When I came back to the car, I found out my “Secret Santa” had left me a lovely present:

“A free upgrade to my car’s air conditioning? You shouldn’t have!”

“And a lovely glass mosaic too! You’re too kind!”

There was absolutely nothing of value visible in the car… and nothing of value in the glove compartment either, as my new friends soon discovered.

(I can’t believe they didn’t want my tire pressure gauge. Or the owner’s manual for a 2009 Honda CR-V. They’ll regret that later.)

Apparently this is the latest m.o. for “window shoppers” (per my new friends in the auto glass replacement business). They don’t have to see anything of value in the car. They just smash a window, quickly fish for goodies, then move on to the next unsuspecting victim. The car thief equivalent of a scratch-off lottery ticket.

So I saved about $9 in parking fees… and am out $250 for a new window. But tbh, it just as easily could’ve happened if I’d parked at a meter. Downtown was pretty much a ghost town that evening. And I’m not going to beat myself up when it’s the would-be thieves who deserve the punishment.

I hope your holiday season wasn’t quite as smashing!

The Wanting is the Hardest Part

Seth Godin published the post below a couple of weeks ago. But it’s perfect for the gift-giving and gift-getting extravaganza that will happen in most homes tonight and tomorrow:

The things under the tree are just things. And what you already have — especially if you have family and friends — is more than enough.

It came without ribbons. It came without tags. It came without packages, boxes or bags. And he puzzled and puzzled ’till his puzzler was sore. Then the Grinch thought of something he hadn’t before. What if Christmas, he thought, doesn’t come from a store. What if Christmas, perhaps, means a little bit more?

Dr. Seuss

An acceptable failure

Here’s a great opinion from the artist Rashid Johnson, in a profile from The New Yorker:

“There is no purity for me, no absolute success or failure, and no room for the masterpiece. When I see artists who have made works that are recognized as masterpieces, I see them having to chase those works for the rest of their careers, and I just don’t want that axe to grind. I would rather be seen as an acceptable failure, as the guy that failed consistently and kept going, kept trying, kept exploring. I want to pivot and move and work on multiple things at once, and with that comes a lot of freedom. I think the whole mystery of making art is about choices that are bold.”

Our life can imitate his art. Most of us will never have a “masterpiece.” Which, as Rashid points out, is probably for the best, as having one traps us in a box constructed by others’ expectations.

But we sure as heck can be the person “that failed consistently and kept going, kept trying, kept exploring.”

It’s not the failure that defines us — unless we let it. It’s the keeping going…

Happy exploring!