The device is no longer only about money. It is also a small memento mori on my desk. It reminds me that even if the portfolio keeps growing, the other clock keeps moving too. The goal is not to stare at the number and feel clever. The goal is to ask whether I am using my time well.
this is real nicely put
Thanks, if you have some ideas on how to improve it, what you might be missing etc. all feedback is very welcome.
in a similar vein, for my own personal accounting I use an M number:
[market value of all liquid assets]/12M-rolling monthly expenses.
Basically says something pretty similar... how many months of my life can I spend out of liquid/available assets right now?
Love this, the same instinct, different unit. Months feels more visceral somehow.
Do you factor in asset growth rate, or keep it as a pure burn-rate snapshot?
No, it's just a snapshot that I take regularly... don't make it a projection.
(Or well, by implications I aaam bc my assets are liquid)
Good content marketing. Need to do the same.