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Evolving Ideas to Make Better Financial Solutions and Experiments

I find that my ideas are continually evolving instead of being cast in stone (or near stone), and this works fine for me.

Ideas cast in stone

Some people see their idea before they even start to write their thoughts down.  It’s fully formed and they carve out all of the smallest details before they even take their first action.  Kind of like the way Mozart would do his compositions in his head and playing on the piano before writing it down to paper.  Beethoven was a direct contrast to Mozart, and although I’m no Beethoven, tend to follow a similar path with my ideas.

One of my most successful ideas that I’ve had on this blog is my “Lunch Dividend Experiment“, but this is not how the idea started!  The real formation of my Lunch Dividend Experiment began as a thought in a post called: “Paying an Adult Allowance“.  And to be honest, it actually went through a few other posts before the name “Lunch Dividend Experiment” was the title that I decided to stick with.

Another example of an idea that is still evolving for me (albeit much slower than the comparatively simple “Lunch Dividend Experiment”), is an article that I wrote called: Skipping The Inheritance, Creating Income Streams For My Kids.  This idea is still a work in process although I have invested some money for them into growth and dividends stocks.  I’m not really crazy about the length of the title, I need to simplify it and compress the ideas into a more actionable plan, but at least it’s a start.

The thing I find is that initially my ideas are not very clear, but usually somewhat original, or at least in my opinion, clever.  I’ve noticed that I was more forthcoming with such ideas when I started blogging, but then scaled back, perhaps because I wanted to be more professionally, or perhaps it was because of a few other bloggers that didn’t get it.  For instance one of my thoughts was called “Paying Off Your Mortgage is Like Working at a Second Job“, in it, one particular blogger tried to take the post in an entirely different path.  Instead of following the increased cashflow, the blogger focused on basic financial and tax specifics that were obvious.  This blogger missed the forest for the trees in that the amount of discretionary income in my pockets increased by over $1,000 once my mortgage was gone and I became totally debt free!

I’m determined that next year, I will no longer let such comments pollute the idea and crux of the posts that I create.  And so, I will again try to become more financially creative in my thoughts and experiments.

Here’s to the New Year!!!


12 Responses to Evolving Ideas to Make Better Financial Solutions and Experiments

  1. It can be so hard NOT to let comments affect your thinking. It is funny how it is human nature to dwell on the negative comments instead of applauding oneself over the positive ones.

    I can say that you and Evan are two of the reasons I have built up a dividend portfolio this year. (Added Leggett and Platt a few months ago.)

  2. Ideas are amazing. I like how they often come to people in snippets, not fully formed. It’s like you receive a bunch of little presents over time!

    Good luck with your ideas — they sound great!