spoontown on Nostr: I'd like to share a simple life hack that helps me work towards financial ...
I'd like to share a simple life hack that helps me work towards financial independence.
Most people are willing to make small purchases without considering the opportunity cost, but I try to be more mindful of my time preference.
For example, I've needed a new window air conditioning unit for a while, but I've been okay with waiting for a good deal. Instead of spending hundreds of thousands of sats on a new unit, I've found success by patiently looking for secondhand options. Today, I snagged a well-maintained, 12,000 BTU Energy Star unit for free from a local email list.
Over the years, I've saved millions of sats by acquiring gently used items for free by arbitraging other people's desire to declutter.
By having a lower time preference and leveraging local generosity, one could potentially save themselves loads of time and money.
Most people are willing to make small purchases without considering the opportunity cost, but I try to be more mindful of my time preference.
For example, I've needed a new window air conditioning unit for a while, but I've been okay with waiting for a good deal. Instead of spending hundreds of thousands of sats on a new unit, I've found success by patiently looking for secondhand options. Today, I snagged a well-maintained, 12,000 BTU Energy Star unit for free from a local email list.
Over the years, I've saved millions of sats by acquiring gently used items for free by arbitraging other people's desire to declutter.
By having a lower time preference and leveraging local generosity, one could potentially save themselves loads of time and money.