Hey friend, I’ve been making my way through the show Atlanta. This quote from season two, episode three has been popping into my mind as of late: “Money is an idea.” - Paper Boi Our idea of money, individually and collectively, can determine how we think it works in the world. What we believe influences the reality of our financial lives - from who has access, to how much someone pays us, and everything in between. Before we can change our behaviors, we have to first start with our ideas. So, here’s to new ideas. Your friend,
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1. 👩🏫 4 Stock Market Tips for Beginners, According to Professionals (Well+Good) I weighed in on how to get started investing. 2. 🤳 The ‘E-Pimps’ of OnlyFans (New York Times Magazine) Clever marketers have figured out how easy it is to simulate online intimacy at scale, ventriloquizing alluring models with cheap, offshore labor. 3. 🙇♂️ The Arc of the Practical Creator (More To That) “Creative expression is often used as a gateway to something more practical, and is rarely accepted as something practical in itself.” 4. 🤓 A bookkeeping thing - Common Tax Mistakes and How to Avoid Them (HYG Original) 5. 🚐 I Lived the #VanLife. It Wasn’t Pretty. (The New York Times) The writer Caity Weaver’s pursuit of the manifest destiny of the millennial generation ended up looking better in the photos. 6. 🌎 The Climate Game — Can you reach net zero? (Financial Times) A strategy game created by the Financial Times. It is based on real science and reporting — however, it is a game, not a perfect simulation of the future. As the ‘global minister for future generations’ see if you can save the planet from the worst effects of climate change. 7. 🧦 The Death of Streetwear Culture is a Class Issue (High Snobiety)“The direction of consumption by the newly minted rich tends to be the same as it is for the working class: aspirational and therefore conspicuous. From hip-hop stars to the crypto whales to the international students spending their parents' wealth, the story is the same—more bling for more money. Scarcity and expensiveness indeed have become the new streetwear values. Take into account the constant need for validation that comes with nouveau riche anxiety, exacerbated by Instagram’s aiding and abetting of our epidemic of narcissism, and the picture becomes clear. The streetwear giants no longer need the cool poor kids. They can now market directly to the rich via the rapper-athlete industrial complex, because there are so many of them. Hype, created by purely artificial and planned scarcity, keeps the brands front and center, shielded by their vapid and hollow pieties about ‘democratization of fashion.’” 8. 🧑 Is MrBeast for Real? Inside the Outrageous World of YouTube's Cash-Happy Stunt King (Rolling Stone) “But in truth, the main character of MrBeast’s channel is not actually MrBeast himself. It is cold, hard cash. Money — piles, sheaves, gobs of it — takes center stage in nearly all of his videos, proffered as a balm for all of the world’s problems to the gig-economy scrappers and hardworking single moms who star in his videos. In one, he tips a waitress at a hot-dog joint $10,000 for two glasses of water; in another, he gives more than $100,000 to people who lost their jobs in the pandemic. Much of the appeal of MrBeast is predicated on an updated version of the Horatio Alger story; the idea that with a little bit of luck, you too could one day run into MrBeast on the street and walk away thousands of dollars richer. Of course, this type of giving is something of a Band-Aid on a brain tumor. It may get attention, but it ignores long-standing structural inequities and cyclical poverty.”
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