Link Roundup #96: 10 Things To Know This Week
Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂
1. Are you tired of your job or is it actually burnout? – Futurity
A great article to learn how to identify burnout, and its 3 distinct symptoms:
- energy depletion and exhaustion
- depersonalization and cynicism
- reduced efficacy
2. The Surprising Impact of Meeting-free Days– MIT Sloan
As nicely summarised by organisational psychologist Adam Grant,
‘Every workplace should have at least one day a week with no meetings—possibly more. 76 companies tested meeting-free days. Productivity & satisfaction increased, stress dropped, communication & cooperation improved. Blocking out time to focus is good for people and performance.’
I mean, look. Productivity increases 71% with just 2 meeting-free days!
3. Best ways to manage your Duit Raya (so you can eventually buy your first home) – iProperty
Read this article if you’re lucky enough to still receive duit raya.
4. Is Productivity The Worst Kind Of Procrastination? – Refinery 29
I’m sharing this article because of these paragraphs right here:
As one study found, idleness aversion is a common modern-day phenomenon. As humans, we will tend to do whatever it takes and to use any justification to keep busy, even if the task is meaningless.
The study also found that people were more likely to report feeling happy when kept busy than idle. And while this may sound like a call to keep occupied, these feelings aren’t necessarily genuine, but rather can be reflective of the core problem: that keeping busy distracts us from actually processing what we’re going through.
5. Music That Will Help You Focus While Working, According To Spotify Data – Digg
It’s lo-fi. #SavedYouAClick
6. Youth investors not averse to risk, say financial planners – The Edge
Youth’s perception towards risk, as per investor survey by Securities Commission. It seems that youths view:
- ASB = low risk
- Stocks/shares = high risk
- Unit trust/ mutual fund = high-medium risk
- Bonds/Sukuk = high-medium risk (???)
- PRS = medium-low risk
- ETF, IPO, P2P financing = high risk
- CFD = medium risk (??)
I’m surprised by how some investments’ perception, and that only 3% of youths say they have high risk appetite. What are your thoughts on this?
7. Getting a 60% salary increment at my new job. – Silent Confessions by Syaza Nazura
Read how Syaza job-hopped her way into 60% higher salary!
8. Women are less likely than men to be promoted. Here’s one reason why – MIT Sloan
This says it all:
“on average, women received higher performance ratings than male employees, but received 8.3% lower ratings for potential than men. The result was that female employees on average were 14% less likely to be promoted than their male colleagues.”
That’s why they say. Men are promoted on potential. Women are promoted on results.
9. 15 Produk Trending Untuk Dijual Online pada Tahun 2022 – Kartel Digital
If you’re looking to add a side income via online selling and dropshipping, check out this article. Awesome list of stuff that Google data shows is trending.
In case that’s too tech-speak for you, that means the demand from customer is already there. It is easier to sell what the customer already wants, rather than convince them to buy something they are meh about.
10. 6 People Who Have Ruined Our Relationship With Money – Financial Diet
And last but not least, a Financial Diet video on problematic money takes by people (and a show) usually marketed to give ‘good’ money advice. If you’re a fan of any of the below, you need to watch the video.
- Ronald Reagan
- Shark Tank
- Dave Ramsay
- Suze Orman
- Winklevoss twins (this counted as 2 people)
Note: Chelsea said this better than I do, but basically it’s ok to admit there are some bits of wrong in people we like or respect. People aren’t God and not everything they say will be correct, all of the time, in all context.
