#everybody gets $1000!

[this-is-ali]

Born to leave $1,000 tips, pay for strangers' meals, and spoil my friends financially.

Forced to rely on help from others to afford basic human needs like food and toilet paper.

[somegrumpynerd]

Outer Kitty sure is a popular kitty so far outta the batch he got 2321 people to pet him!!!

Oh my god you're right!!

Get wrecked winter kitties lol

He might be second most petted of all time actually, I can't remember what Dream got up to but it might be close!

As is customary, he gets a bonus petting pic

[aq2003]

it IS weird that the general consensus on twelve is that peter capaldi is an excellent actor but his episodes are bad (esp in comparison to the general consensus on series 5 being that it's some of the best the show gets) bc i am overall really enjoying series 8, a lot more than the last 3

[bonestrouslingbones]

over this last month there have been multiple posts on my sfw blog that have randomly gotten a shit ton of notes for like a week straight and the only things they seem to have in common is that they're all from 2021. is this tumblr's way of telling me that was my peak year because ngl i dont really want that to be my peak year

[whitmore]

regular qsmp watcher

[burningcomputerpersona]

what an incredible fucking show

[elemental-daddy-neos]

You know, in some circles I'm actually popular. Well okay I'm not popular, but the engagement? Insane

[peachcitt]

it’s about to be june everybody :)

[do2faj]

Hello hello??? This blog just hit 1000 followers when did that happen?? Omgg my little gremlin orgy is growing I'm so excited I love y'all so much🦇🖤

[nomaishuttle]

omg also im soo mad i e been listening to rhis worldbuilding podcast at work and it was giving me lots of ideas but i had to turn it off bc i took like..an hour on a room bc i was so focused on jt and my beautiful world.. and i forgot all the ideas i had 😭😭 all i can remember is my fairy thing and that isnt even a from today thoufht

[starflungwaddledee]

a thousand posts!! a lot of these are of course reblogs of other people's work as well, but it's still a very fun and exciting milestone to me!!

i didn't know how long i'd be in this community when i first joined because i'd never been in a fandom before and didn't really know what to expect! i kinda thought my content might flop entirely because it's so story oriented and i'm not good at Cool Dynamic Poster Art! but folks on kirblr interacted with my work so kindly and encouragingly that it was immediately such a pleasant place to be!

i've met some truly incredibly people here! generous and creative, thoughtful and talented.

the interest in original storytelling and starstruck in particular also blew me away, i'd heard fandom is generally not that interested in OCs but this one seems to really care about and support them! i'm touched folks have cared about mine!!

this a wonderful community and i'm grateful for the opportunity to be here!

[semaphoricwave]

Easy question: Outcome with $10mil with 5% for 30 years. Answer is roughly $43,000,000. That's an increase of $33 million. That's if you don't spend any of it (I think most people could find things to spend $1 million on, even if not much more than that. Friends or family members' mortgages, for example), and don't spend any of the compound, but even inside that, we can see that you will have more money than you know what to do with.

Trickier question: outcome with 0 at beginning, +$300,000/year, with 5% for 30 years. I brute forced it (look at my excel sheets they're awful).

I added 300000x1.05^30+300000x1.05^29+...+300000 to get the answer (there's probably a more elegant solution; fuck elegance).

Just shy of $20,000,000. And $20,000,000 is a smaller number than $43,000,000. The crossover point is somewhere between 90 years and 100 years, assuming single year compounding steps. After that, Scenario 1 makes more money than Scenario 2. So within your lifetime and mine, it's essentially always better to take Scenario 2 than Scenario 1 in terms of how much money it makes you. Unless Scenario 1 involves some sort of inherited artefact, 2 gives more.

That said.

If we are looking purely at Which Number Bigger, then yes, scenario 2 wins easily. But the question is not which number bigger. The question is, if you had the choice, which would you prefer?

I couldn't find any hard data (the '70% of lottery winners go bankrupt' claim seems to have spun out of nothing and not the NEFE as is usually claimed), but it certainly seems that the chances of blowing all one's money when it is handed to you daily is harder than blowing it as a lump sum. If you were suggesting to the average person which they should take and all you were allowed to say was '1' or '2,' you may well be better off telling them to choose 1.

But analysing it, what do each let you do? In Scenario 1, within three years, you could solve pretty much any financial problem in your life or the lives of the people you love with 1k/day. You can get that ball rolling within a few months, even. But if it gives you more money than sense, it doesn't give you loads more money than sense.

Compare with scenario 2, you definitely have more money than sense. It's not just that money rises quicker than sense, too much money is detrimental to sense. With $10,000,000, you could buy a helicopter. Do you need one? Unequivocally, no you don't. But you suddenly have access to all these other, stupider, higher-level purchases that you didn't have access to beforehand. Which I think is dangerous.

Do I trust myself with $10,000,000? Maybe. I would choose $10,000,000, and then put it all locked up in rules so all I get is half the compound, whatever that is in a year. Summoning enough sense to do that before I go off the rails, when I knew in advance to do that, wouldn't be hard. But I, and it appears you, already know what the smart thing to do with that money is. We trust ourselves, and we are relatively sure that bet will pay off. Great.

Temptation is still a worry. Especially for people who aren't as money aware. And it's worth pointing out that if you know people are going to make demands of your newfound wealth (I wouldn't tell anybody; I know not to tell anybody. Can we say the same about everybody else?), or if you're a kid, maybe it is the smarter move to take the $1,000 a day.

The difference between $43,000,000 and $20,000,000, to me, is not so great that I see any reason to despair for the financial literacy of the public. Yes, Bigger Number Bigger. But Smaller Number Safer. There are other aspects to this scenario than the size of the number: the person choosing is what matters. If everybody had the financial plans in place to deal with the money properly, scenario 2 would inherently be better for most people. But 1 is just safer.

This is the outcome of not being taught financial literacy better in schools, yes, but the outcome is not proof that people do not understand. Anybody could add up and say, "well, if I save ~$333,333 a year, I'm going to end up with $10 million in thirty years. Why would I wait thirty years to get what I could get right now?" Not being able to do that would not be a failure of financial literacy, it would be a failure of addition and multiplication. I think when you wonder, "is everybody stupid, or do I just not get it," it's worth considering that maybe you've missed something.

The fact that, despite the fact that it is worth less, people are choosing it, could well be a sign that people are accounting (hah) for their blindspots: "I don't know how to manage this area of risk, so I will choose safety."

That's what insurance is for, even. To know that things can go wrong (unsecured accounts, theft from trusted people, fraud, even run-of-the-mill bad decisions), even if the specifics are unknown, and to plan around that. Millions of dollars is quite the thing to gamble with, and I think that for most people, their instinct would be to go for the goose that keeps on laying. What practical reason do they have not to?

Explain your reasoning plzzz

[connormoving]

okay sooo 1. once little man is done with my laptop i need to do the ssn shit bc i have the letter 2. in an hour i need to switch my laundry to the dryer and at Some point i need to sleep preferablyyyy i oush as long as i can its been 28 hours i Think? since i woke up i dont avtually remember its all kind of a blur i do have a headache and my fuckshit tooth is bothering me but whatever . once i get the ssn login thing done im pretty sure i can get a new card like right away and then once that gets here i can go and get my permit And by then my new glasses will be here which is epics and ummm at some point not today bc im tired and have a headache aka not at my best. so once those 2 things r not the case i need to do the science and math ged practice tests ive been putting them off bc im scared ill do bad SKULL.but i need to get those done ... and omce i have the permit and everything thennnnnn i can go do my actual proper ged tests and once those r done ill have my ged and an id and thus can start applying for jobs again And ill be so brave and ask my mom to teach me how to drive . YIPPEE

[schoolgirl739]

at my internship but all i wanna do is read one piece 😭😭😭

[moonyswarmsweaters]

Because almost everybody is doing this:

if this gets 100 notes, I’ll finally clean my room

if this gets 200 notes, I'll go on a long walk

if this gets 300 notes, I’ll post a picture of something artsy I made and proud of

if this gets 400 notes, I'll make marauders fanart ( I have been scared to do this to not dishonor them with my sucky skills)

if this gets 500 notes, I’ll post a link to one of my marauders era inspired playlists

if this gets 1000 notes, ill try to make sure I drink enough water (for at least a week, let’s not aim too high)

if this gets 5000 notes, within a month, ill try coming out to my best friend

edit: I did it! She just pretty much said “that explains a lot” and asked some questions. Overall great. Fuck you and thank you all for making me do this to

[comixandco]

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