Tao Of The Tethered Coin

Posted by Chris at August 26th, 2007

I’ve begun writing a book describing the philosophy of financial management that I am developing. It will lay out seven Core Principles that should lead anyone who will apply them to financial balance and success. It won’t matter if you earn $20,000.00 a year or $20 million. Seeking balance, steering a central course down the river of money, avoiding going to extremes, works every single time, and it’s the only thing that can work.

The object of the process is to allow you to stop thinking about the destination and, thereby, become able to enjoy the journey itself. The old saying goes, “You can’t take it with you!” The destination isn’t important. What is important is that we free ourselves from slavery to the almighty coin, and instead make that coin our willing slave, ceaselessly working hard for us. That’s the symbolism of the Tethered Coin.

As work progresses, I may post updates from time to time. I may even post excerpts and seek input from subscribers to this blog. When the book becomes available for purchase, I will post that information here, as well.

…enjoy the ride…

Posted by Chris at August 26th, 2007

Welcome to my blog, The Tao Of The Tethered Coin. It will serve as a place for me to post my meditations and meanderings regarding the often murky process of getting a tether on my coins. In other words, getting my personal finances in order.

I have come to understand that personal finances is less about money and more about behavior. How we think about money is far more important than what we do about it. Right thinking will naturally lead to right actions, in finance just as in all other areas of life. At the end of the day the only thing you have total control over is the face staring back at you from the mirror. Everything else is flowing down the river just as we ourselves are. Being thinking creatures, however, we do have the power to steer our boats!

Your comments are always welcome, even (especially!) if you don’t agree with me on something. The wise wanderer seeks further wisdom. We’re all on this journey together, after all.

…enjoy the ride…