Comments on: Personal Balance Sheet, February 2010 http://www.consumerismcommentary.com/personal-balance-sheet-february-2010/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 12 Feb 2012 20:01:44 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Flexo http://www.consumerismcommentary.com/personal-balance-sheet-february-2010/comment-page-1/#comment-204330 Flexo Wed, 03 Mar 2010 01:52:59 +0000 http://www.consumerismcommentary.com/?p=8464#comment-204330 The monthly reports do have the effect of compressing time. I look back on last year's February update and it feels like I just put it together the other day. The monthly reports do have the effect of compressing time. I look back on last year’s February update and it feels like I just put it together the other day.

]]> By: Monevator http://www.consumerismcommentary.com/personal-balance-sheet-february-2010/comment-page-1/#comment-204320 Monevator Tue, 02 Mar 2010 22:50:10 +0000 http://www.consumerismcommentary.com/?p=8464#comment-204320 It is very easy to feel that time is passing you by, and ironically doing something routine like tracking your wealth every month can actually make the feeling worse for psychological reasons. (I've got an interesting post coming up tomorrow on my blog on a related subject, if you have two minutes spare). The feeling that time is getting shorter is not a delusion - it's maths. When you're 6, a year was 1/6th of your life. At 34, it's just 1/34th. Ouch! It is very easy to feel that time is passing you by, and ironically doing something routine like tracking your wealth every month can actually make the feeling worse for psychological reasons.

(I’ve got an interesting post coming up tomorrow on my blog on a related subject, if you have two minutes spare).

The feeling that time is getting shorter is not a delusion – it’s maths. When you’re 6, a year was 1/6th of your life. At 34, it’s just 1/34th. Ouch!

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