What Bankers Want Rebuilding Credit Quickly Robert Donovan 2022-01-19 | If you want to rebuild or establish a credit score here are some useful tips on what the lenders want to see in your payment history to do it as efficiently as possible.
Passing Prop Firm Challenges with NNFX: Pyramid Anti martingales Robert Donovan 2021-12-02 | Variously called pyramiding, averaging up, scaling in, or grid trading, pyramiding is the other common way to implement an anti-martingale betting strategy. It adds to winning trades as they go your way rather than adding to risk per trade on the next trade after a win. Among the most well-known trading strategies that used pyramiding was the Turtle trading strategy. Look at this link if you're curious. tradingwithrayner.com/wp-content/uploads/2014/11/OriginalTurtleRules.pdf
Bankruptcy Is A Fresh Start, Not An End Game Robert Donovan 2021-09-22 | While I work on the Coin Toss Tuesday series and finish up the second martingale video on pyramiding, I am uploading another of my debt reduction videos I meant to release in 2020. This one addresses bankruptcy, why and when. youtube.com/playlist?list=PL65EJ88idlKW21r3lqFCftmxNizMcMsReyoutube.com/watch?v=Wj7LsrE7n28&list=PL65EJ88idlKU2koENpt16U7xoKMLyWg_1
Passing Prop Firm Challenge with No nonsense Forex-p2: Max Loss Anti-Martingale Lot Sizing For NNFX Robert Donovan 2021-09-01 | NNFX strategies trade end-of-day, requiring large stops and small lot sizes to stay within the risk limits of prop firm challenges or small personal accounts. Here is one way to mitigate that to some extent without altering your strategy rules or stop sizes.
Last Stop Before Bankruptcy or New Beginning Debt Consolidation Robert Donovan 2021-08-13 | Continuing the series on debt reduction I had to stop production on in 2020. If you have tried all the ideas in the previous videos in this series, and still can't get your monthly debt payments low enough to cover your bills too, it's time to look at debt consolidation--but be careful. It can be a dangerous thing when used wrong.Formulae for all the calculations used in the debt reduction series.Monthly rate(MR) = APR/1200Daily rate(DR) = APR/36500Monthly interest cost using MR = (1+MR) x Unpaid balanceMonthly interest cost using DR = (1+DR) x Unpaid balance x Days in billing periodMinimum payment formulas for credit cards(most commonly used version, check your statement):1% of unpaid balance + Monthly interest cost + fees(if any) + penalties(if any).Minimum monthly payment for a fixed payment loan: Monthly payment = [MR +((MR/((1+MR)^months)-1)) x principal balance + fees and penalties(if any)Formulae for future value(FV) of periodic payments based on present value(PV) where:r is the daily, monthly, or annual interest raten is the number of years on the loank is the frequency of compoundingPMT is the periodic payment amountPV is the present value(0 if just starting) of the asset or account Payment deposited at end of period: FV = PV(1+r/k)^(nk) + ((PMT(1+((r/k)^nk)−1) / (r/k) Payment deposited at beginning of period:FV=PV(1+rk)^nk + (PMT(1+(r/k)^nk)−1)/(r/k)*(1+r/k)If r=0: FV=PV+PMT×nkCompound Average Growth Rate(CAGR) = (PV/FV)^(1/n)Where: PV = Present Value of asset. FV = Future value of asset.n = the number of compounding intervals(e.g. days, weeks, months, years)
Fivers Summer Plan Fail For letting a Profit Run??? Robert Donovan 2021-08-01 | Failed the Summer plan challenge for letting a profit run. Apparently their monitoring software counts the number of days since a new trade was opened, rather than the number of days open trades has been zero. I let a profit in EUR USD run for too long and my account was disabled. Still waiting on a reply from The 5ers, will report as developments occur.
Passing 5ers Prop Firm Challenge with NNFX p1 Robert Donovan 2021-07-18 | Friendly response to Dillon Grech's video on passing the fivers prop firm challenge using a No-nonsense Forex style strategy.Dillon's Channel:youtube.com/channel/UCl1a4qyx_HaodV0AN9ve46A
Paying off debt: Four Lesser known Strategies Robert Donovan 2020-02-12 | Going beyond the debt avalanche and debt snowball to pay off debt, we look at four lesser known, but sometimes highly useful, debt stacking strategies that folks like Dave Ramsey and his ilk seldom mention. They can be powerful tools in your quest to get out of debt along the way to financial freedom.All the formulae for the calculations in this series are below. Monthly rate(MR) = APR/1200Daily rate(DR) = APR/36500Monthly interest cost using MR = (1+MR) x Unpaid balanceMonthly interest cost using DR = (1+DR) x Unpaid balance x Days in billing periodMinimum payment formulas for credit cards(most commonly used version, check your statement):1% of unpaid balance + Monthly interest cost + fees(if any) + penalties(if any).Minimum monthly payment for a fixed payment loan: Monthly payment = [MR +((MR/((1+MR)^months)-1)) x principal balance + fees and penalties(if any)Formula for future value(FV) of periodic payments based on present value(PV) where:r is the daily, monthly, or annual interest raten is the number of years on the loank is the frequency of compoundingPMT is the periodic payment amountPV is the present value(0 if just starting) of the asset or account Payment deposited at end of period: FV = PV(1+r/k)^(nk) + ((PMT(1+((r/k)^nk)−1) / (r/k) Payment deposited at beginning of period:FV=PV(1+rk)^nk + (PMT(1+(r/k)^nk)−1)/(r/k)*(1+r/k)If r=0: FV=PV+PMT×nk
Dave Ramseys Debt Snow Ball, Not Always Best for Getting Debt Free Robert Donovan 2020-01-15 | Dave Ramsey's Debt Snow Ball method can lower costs to start getting debt free, but your back-end interest cost will nearly always be higher. This makes it not the best option for getting debt free in terms of interest costs, but it provides small early victories. This makes it easier for many people to stick to it. All the formulae for the calculations in this series are below. Monthly rate(MR) = APR/1200Daily rate(DR) = APR/36500Monthly interest cost using MR = (1+MR) x Unpaid balanceMonthly interest cost using DR = (1+DR) x Unpaid balance x Days in billing periodMinimum payment formulas for credit cards(most commonly used version, check your statement):1% of unpaid balance + Monthly interest cost + fees(if any) + penalties(if any).Minimum monthly payment for a fixed payment loan: Monthly payment = [MR +((MR/((1+MR)^months)-1)) x principal balance + fees and penalties(if any)Formula for future value(FV) of periodic payments based on present value(PV) where:r is the daily, monthly, or annual interest raten is the number of years on the loank is the frequency of compoundingPMT is the periodic payment amountPV is the present value(0 if just starting) of the asset or account Payment deposited at end of period: FV = PV(1+r/k)^(nk) + ((PMT(1+((r/k)^nk)−1) / (r/k) Payment deposited at beginning of period:FV=PV(1+rk)^nk + (PMT(1+(r/k)^nk)−1)/(r/k)*(1+r/k)If r=0: FV=PV+PMT×nk
Disecting Dave Ramseys Debt Snow Ball, Pt1 Robert Donovan 2019-12-12 | In this episode we look at the pros and cons of paying off debts in order of highest to lowest interest rate, known as the debt avalanche. Dave Ramsey doesn't like it, but it has some serious advantages--if your main criterion is interest cost.All the formulae for the calculations in this series are below. Monthly rate(MR) = APR/1200Daily rate(DR) = APR/36500Monthly interest cost using MR = (1+MR) x Unpaid balanceMonthly interest cost using DR = (1+DR) x Unpaid balance x Days in billing periodMinimum payment formulas for credit cards(most commonly used version, check your statement):1% of unpaid balance + Monthly interest cost + fees(if any) + penalties(if any).Minimum monthly payment for a fixed payment loan: Monthly payment = [MR +((MR/((1+MR)^months)-1)) x principal balance + fees and penalties(if any)Formula for future value(FV) of periodic payments based on present value(PV) where:r is the daily, monthly, or annual interest raten is the number of years on the loank is the frequency of compoundingPMT is the periodic payment amountPV is the present value(0 if just starting) of the asset or account Payment deposited at end of period: FV = PV(1+r/k)^(nk) + ((PMT(1+((r/k)^nk)−1) / (r/k) Payment deposited at beginning of period:FV=PV(1+rk)^nk + (PMT(1+(r/k)^nk)−1)/(r/k)*(1+r/k)If r=0: FV=PV+PMT×nk
9 Ways Banks Use Compounding Against You Robert Donovan 2019-11-27 | Banks use compounding against you in sometimes subtle ways to get you to spend more in interest. This video looks at the most common ways. There are others, but these are the ones you need to constantly watch for.All the formulae for the calculations in this series are below. Monthly rate(MR) = APR/1200Daily rate(DR) = APR/36500Monthly interest cost using MR = (1+MR) x Unpaid balanceMonthly interest cost using DR = (1+DR) x Unpaid balance x Days in billing periodMinimum payment formulas for credit cards(most commonly used version, check your statement):1% of unpaid balance + Monthly interest cost + fees(if any) + penalties(if any).Minimum monthly payment for a fixed payment loan: Monthly payment = [MR +((MR/((1+MR)^months)-1)) x principal balance + fees and penalties(if any)Formula for future value(FV) of periodic payments based on present value(PV) where:r is the daily, monthly, or annual interest raten is the number of years on the loank is the frequency of compoundingPMT is the periodic payment amountPV is the present value(0 if just starting) of the asset or account Payment deposited at end of period: FV = PV(1+r/k)^(nk) + ((PMT(1+((r/k)^nk)−1) / (r/k) Payment deposited at beginning of period:FV=PV(1+rk)^nk + (PMT(1+(r/k)^nk)−1)/(r/k)*(1+r/k)If r=0: FV=PV+PMT×nk
21stCentury Trekonomics: S2E2: UCB vs UBI: Ending Poverty By Ending Welfare Robert Donovan 2019-11-10 | Post-scarcity, zero poverty, and no more pursuit of pure monetary gain have long been staples of Star Trek Cannon. What if we could humanely dismantle the welfare state, end poverty, and make work optional for everyone. Let’s do some 21st Century Trekonomics.
Every Dollar A Slave: Automating Finances p3: My Short Selling Side Hustles Robert Donovan 2019-07-31 | I chose trading as a side hustle mostly because I really enjoy doing it, but also because the ability to sell short creates an opportunity to profit directly from a market decline and add to gains during up swings, offsetting a portion of sequence of returns risk.
Every Dollar A Slave: Automating Bill Pay and Investing Robert Donovan 2019-07-04 | In this video I build on the basic savings-automation and accumulation structure to add automated bill payment and deal with unstable income, debt pay-off and long-only investing.Learn my staged savings strategy to start saving with $1/day. youtube.com/watch?v=9Z1Vt6L3R4EWatch the first video in this series:youtube.com/watch?v=YMQpschiXKc
Every Dollar A Slave: Automating Your Finances p1:Savings Robert Donovan 2019-06-14 | In the prior videos on saving I talked about saving 30% and the daily spending limit. Doing all that manually works, but it’s kludgey and inelegant. So over the next few episodes I’ll show you how I automate my savings and investing, the types of accounts I use and why, and how I plan to evolve it as my income gets higher.Learn my staged saving strategy to start building savings with as little as $1/day.youtube.com/watch?v=9Z1Vt6L3R4E
Rant: Orville Renewed and the ST Picard Bait and Switch Robert Donovan 2019-05-31 | #theorvillerenewed. YEEEESSSSS! The first test of my Orville Effect Hypothesis, the renewal of The Orville for Season 3 has been passed. The rest of it can only be tested by events not yet come to pass. Meanwhile, a few thoughts on the bait and switch con job that I believe Star Trek Picard is going to be.
A Free-market, Worker-capitalist Manifesto Robert Donovan 2019-05-17 | The communists have theirs, so I thought I'd do something analogous from the free-market perspective.
How to Deprive Yourself of Millions Robert Donovan 2019-05-01 | Whenever you buy on impulse, you cost yourself two ways. The first way is the least expensive and most obvious: the cost of buying something that you'll either seldom if ever use or that gets consumed minutes after you buy it. The second far more devastating way is the money you could have gotten from investing the money used on impulse buying, effectively denying yourself the power of compounding. This may have already cost you millions without you even knowing it.If you liked this video and want to see more like it, check out the playlist: youtube.com/watch?v=fizhM1oDLm4&list=PL65EJ88idlKW21r3lqFCftmxNizMcMsReCompound interest calculator:keisan.casio.com/exec/system/1234231998
My Daily Spending Limit Trick Robert Donovan 2019-04-17 | If your income is really low, saving 50% of your income can be tricky and still cover minimal survival expenses. I had this problem until I figured out how to organize my bills and use a daily spending limit. I have save up to 48% of my income using it for the last three years. If you liked this video, check out the playlist. youtube.com/playlist?list=PL65EJ88idlKW21r3lqFCftmxNizMcMsRe
Why the Orville Works and STD Doesnt: #RenewtheOrvile Robert Donovan 2019-03-29 | Responding to your comments, and one reason I think the Orville's fan base is growing is that it is responding to the market rather than trying to dictate to it. #renewtheorvilleS1E12 Not Trekonomics: youtube.com/watch?v=_MEmf9_q8ZI&S2E1 Not Trekonomics: youtube.com/watch?v=IMzQJxBN1fY
Rant: The Orville Effect Robert Donovan 2019-03-07 | As I watch and revel in the Orville, it occurred to me that CBS and its attempt to crush fan films and push STD off on long-time fans is partly responsible for its success, in a backhand sort of way. #renewtheorvilleMarc Zicree's Space Command Pilotyoutube.com/watch?v=zv-tx3DdKSg
Staged Saving: Trick Your Brain Into Saving Regularly Robert Donovan 2019-03-01 | If, like me, you hate budgeting, and want to get into the habit of saving money consistently, you might try this little trick I used to build up my savings without a lot of drama. It's called progressive or staged saving, and I've been using this technique now for about four years to build up my savings to 30-50% each year.
The Shockingly Simple Math of Realistic Expectations Robert Donovan 2019-02-18 | “If you save half your income you can push your retirement date from 50 years out to about 17 years out,” Says the FIRE community. This is true, but incomplete. More accurately: if you can save half your income and still cover minimal survival expenses, you can retire in about 17 years to whatever lifestyle half your income will support. The catch is that covering your survival expenses at half your income becomes much harder at lower incomes, and that the llifestyle you can support at half of $30K/year is far more Spartan than that at $120k/year.
Minimal Wealth Robert Donovan 2019-02-10 | Minimalism is not about a Spartan existence. It is about making sure you can afford the things that add the greatest value and enjoyment to your life. Nor is it about pursuing a lifelong extreme frugality. There is no point in making a lot of money if all you do is chase bills and pay debts. But there is also no point in living on $25,000/year if you have a nest egg earning 5% that will allow you to spend $35,000/year, if you want to, and not spend more than 2% of your retirement account. Compulsive minimalism is just as much a form of self torture as compulsive consumption. Getting the balance right is the key.
Playing with Post subsistence: FIRE for the Rest of Us Robert Donovan 2019-02-02 | In the US: 41% live paycheck to paycheck and can’t cover a $400 unexpected expense. One hours cut, injury, illness, blown tire, and a lot of these people start contemplating potential homelessness.Combine that with having to spend the entire day on an employer’s schedule, alongside people they may not like, because they dread missing a mortgage or credit card payment. Trading their time for money, their freedom for trinkets, and living for mere survival, working their asses off to make bankers, landlords, and merchants rich. It is easy to feel utterly powerless in those circumstances. Is it any wonder drugs like Prozac and Zoloft sell so well? My proposed answer is teaching low-income people to apply the principles of the FIRE community to achieve what I call post-subsistence.
Tradecraft Solutions Trailer Robert Donovan 2019-01-24 | Getting to post-subsistence and financial independence in real time on a starting income less than $20K per year. In this show I combine saving and personal finance with Forex trading and index investing, and entrepreneurship. My goal is to build a long-short portfolio that provides me stable income.
21st Century Trekonomics: How the Star Trek Economy Really Works: Post-satiation Robert Donovan 2019-01-15 | Star Trek Assumes a post-scarcity economy in which there is no need for possessions, no poverty, and money does not exist. In this video we explore how a free-market economy can use AI and automation to create a post-satiation economy that looks and operates nearly identically to the one portrayed in Star Trek. Rather than applying AI to Robots and replicators manufacturing physical items and copying themselves, we'll speculate a bit on how applying AI and automation to managing our finances can make building starships, public replicators and public transporters possible, using nothing but capital formation and compounding.See the entire playlist: youtube.com/playlist?list=PL65EJ88idlKWVDItdgkDuCtYoNIMcHAFi
Circumstances North Pole Noir Robert Donovan 2018-12-20 | A story I wrote for a bit of fun for the holidays. Switch Coal is a jaded elf on the Naughty Squad. He has begun to doubt the basic goodness of all kids, and his job performance, his solve rate, has been slipping.
21st Century Trekonomics: Post-satiation: Free-market Post-scarcity: Response to Isaac Arthur Robert Donovan 2018-07-04 | Using economic satiation can get all the benefits of a Star Trek/RBE/post-scarcity, society in 1-2 generations if we're willing to stop regarding money as evil. Economic satiation is the principle in economics that the more of a good, service, or commodity you acquire, the less you are willing to do to get more of it. It is different for everyone. That means that chasing equality of outcome is wasteful and unnecessary.This video explains two concepts: post-subsistence, the point at which you can cover all your basic survival and subsistence needs without having to work, and post-satiation. Reaching post-subsistence, and, later post-satiation is a shockingly simple process: spend less than you make, and use the savings to buy things that make you more money for less work. In this way money can be made to work as hard as all the robots and A.I. in science fiction and even self-replicates via compounding. Thus the harder you work and the harder you save, the faster you achieve the state of all material needs being met without having to work. Since savings used for investing are not sitting idle, but are supporting real businesses and real jobs, this creates ongoing, debt-free economic stimulus that fuels maximum abundance and opportunity. Finally, the passing on to heirs and descendants allows succeeding generations the chance to start with more than the preceding ones did. thus, no more poverty. All of the above accomplished using current technology, and without violating any laws of physics. Since the universe is finite(therefore scarce), and entropy(random disorder) is always increasing, we will eventually hit a scarcity wall, but there is no reason we can't keep this going for millennia before that happens, particularly if we get into space, start mining the moon and the asteroids, and go to other worlds.If you enjoyed this video click the like button. To be notified of future content, subscribe.Watch the entire play list:youtube.com/watch?v=_MEmf9_q8ZI&list=PL65EJ88idlKWVDItdgkDuCtYoNIMcHAFi Sources: mises.org/wire/poor-us-are-richer-middle-class-much-europeourworldindata.org
Blender Tutorial: Star Trek Warp Bubble P3 Ver. 1 Robert Donovan 2018-05-02 | Not Trekonomics, EP 19: Star Trek Warp Bubble effect P3 Version 1In this last episode for Version 1, we tackle the compositing for the fly-by through the warp bubble.The star field background: search for image eso0932a at www.eso.org if this link doesn't work.ESO periodically moves these images around. https://www.eso.org/public/images/eso...Trumpler 14 Star Cluster Photo:http://hubblesite.org/image/3693/news...
Blender Tutorial:Star Trek Warp Bubble P2 Ver.1 Robert Donovan 2018-04-09 | Not Trekonomics:Human Capital: Blender Animation: Star Trek Warp Bubble Effect-P2-Version1: Keyframing.In this episode, we do all the non-compositing keyframing for the flyby, warp drive, and engine exhaust. In part three we'll tackle the compositing effects. The star field background: search for image eso0932a at www.eso.org if this link doesn't work.ESO periodically moves these images around. https://www.eso.org/public/images/eso...Trumpler 14 Star Cluster Photo:http://hubblesite.org/image/3693/news...
Blender Tutorial:Star Trek Warp Bubble Effect P1 Ver.1 Robert Donovan 2018-03-20 | Not Trekonomics Ep17 Star Trek Warp Bubble Effect P1 Version1My Playlist on building the Altors Ship Model: youtube.com/playlist?list=PL65EJ88idlKXIKsZahZa6PkpIwQYSCO3ZThe star field background: search for image eso0932a at www.eso.org if this link doesn't work.ESO periodically moves these images around. eso.org/public/images/eso0932aTrumpler 14 Star Cluster Photo:http://hubblesite.org/image/3693/news...
Blender 3D:Star Trek Warp Bubble Effect Version 1 Robert Donovan 2018-03-01 | Tutorial is coming soon. I have a couple of different variations of this and will do tutorials for each.This is the next installment in the human capital series, in which I figure out how to make some new intro vids for the show.
Blender Tutorial: Star Wars Hyperspace Jump Effect P3/3 Robert Donovan 2018-02-05 | In this final instalment on how I do a Star Wars style hyperspace jump, we take the clips we rendered in parts one and two and put them together in the Blender Video Sequence Editor.
Blender Tutorial: Star Wars Hyperspace Effectp p2/3 Robert Donovan 2018-01-23 | Star Wars Hyperspace Jump Effect, part Two in which we create and animate the hyperspace tunnel. The star field background:eso.org/public/images/eso0932aSince the ESO has redone their site, people are reporting that this image is hard to find. The image to search for is eso0932. Click on Images, galaxies, The Milky way Panorama. Get the biggest size they have. Another source for this image, if ESO moves or removes this one later on is the Earth in Cycles file, by Adriano at Blendswap.com. blendswap.com/blends/view/52273The star field image is in the textures folder included with the file.Trumpler 14 Star Cluster Photo:http://hubblesite.org/image/3693/news_release/2016-03The ESO periodically updates the images available on their website. If you don't find the Trmpler14 image at this link, either type trumpler in the search field at the top of the page, and use one of those images, or click on images, Walpapers, and use any image that has a lot of color, contrast, and lots of bright stars. By the time you finish processing it in Blender the exact image you use is not that important. Just adjust the settings in the node editor to get the desired effect.Compositor animation settings:FRAME ONE(and first frame before leaving hyperspace tunnel): RGB Curves Node: Factor keyframed to 1.000Sunbeams Node: Ray Length to 1.000Lens Distortion Node: Distortion: -0.600, Dispersion 0.400Frame 120:RGB Curves Node: Factor keyframed to 0Sunbeams Node: Ray Length to 0.001Lens Distortion Node: Distortion: 0, Dispersion 0
Blender 3D: Star Wars Hyperspace Jump Effect Robert Donovan 2018-01-23 | Thanks to everyone for asking about copyright information for this video. Just to make sure there is no misunderstanding:This video is free to download and use for any purpose including commercial endeavours. I ask that you credit me with its creation, and include a link to the video, but have decided this will not be mandatory.Thanks to everyone for your interest. I never thought anyone would find this thing worth copying. Tutorial result for the Star wars Hyperspace Jump Effect Video.The human capital portion of this show consists of my efforts to learn and apply new skills and knowledge. I plan to use these videos as intros and end clips for upcoming episodes.Tutorial series for how to do this:Part One: youtube.com/watch?v=MX_Fn76-uWkPart Two: youtube.com/watch?v=DZ4xxM9oPpMPart Three: youtube.com/watch?v=Idw7A-DV3es
Blender Tutorial: Star Wars Hypserspace Jump Effect p1/3 Robert Donovan 2018-01-13 | Sorry for being late, folks. In honour of the latest Star Wars offering, I present my take on a Star Wars Style Hyperspace jump effect. In this first part we cover the Doppler star light(streaky stars) effect. The star field background is most easily gotten at the European Southern Observatory website(sorry thought NASA had it, remembered wrong). eso.org/public/images/eso0932aThe bigger the size the more detail but the more resources it will take in Blender. You can also set up a free account at blendswap.com to download the blend file containing the image. blendswap.com/blends/view/52273Composite Node Tree Keyframe Settings:FRAME ONE: Distortion Node: Dispersion and distortion to 0.00Hue/Sat/Value Node: Saturation to 1.00RGB Curves Node: Factor to 0.00Image Blur Node: x: 0.00%, Y: 0.00%Sunbeams Node: Ray Length: 0.001IDmask Blur Node: Size to 0.00FRAME 30Key frame all the values for Frame One on the Image nodes except Sunbeams to 0.00 again.NO new key frames for the IDmask nodes. FRAME 40:Hue/Sat/Value Node: Saturation to 0.00FRAME45: RGB Curves Node: Factor to 1.000FRAME 50: Image Blur Node to X: 0.500%, Y:0.500%IDmask Blur Node to X: 1.00%, Y: 1.00%FRAME 90:Distortion Node: Distortion to -0.999, Dispersion to 1.00FRAME 120: Sunbeams Node to 1.000
Tutorial Coming Soon Robert Donovan 2017-10-18 | Sorry for the delay, folks. Bad cold, voice gone. Better variations of this to come.
21st Century Trekonomics: Mastery Learning 1: Holodeck Self-education Robert Donovan 2017-09-28 | A mastery learning environment requires students to demonstrate proficiency in one area or skill set before proceeding to the next one. Mastery learning teaches students self-education, the art of teaching themselves to learn new subjects independently. In Star Trek holodecks and replicators provide the ultimate setting for home schooling, But we can do it just as well right here on Earth, in the 21st century. This episode introduces the basic concepts and a basic strategy for using mastery learning to educate yourself. Future videos on this topic will cover specific techniques. Blake Boles book Better than College: amazon.com/Better-Than-College-Successful-Four-Year/dp/0986011908/ref=sr_1_2?ie=UTF8&qid=1506373473&sr=8-2&keywords=blake+bolesBlake Boles website:http://www.blakeboles.comZTC alternatives: Successful Dropouts:http://successfuldropout.com/groupPeer Unschooling: peerunschooling.netHuslter's MBA Blog Post: http://tynan.com/hustle
21st Century Trekonomics: RBB: Yearly Budget Surpluses, Lower Taxes Robert Donovan 2017-09-08 | A half satirical treatment of an idea called receipt-based budgeting, the first of a number of real-world economic policies designed to promote the economic growth needed to create a post-satiation economy, looks at prior-year receipts to ensure surpluses nearly every year. With regular surpluses, we could pay off the national debt, reduce and eliminate taxes, and create personal income and retirement accounts for everyone that could end poverty within one to two generations. Free markets provide a way to end poverty, crime, and war that doesn't require a eugenics war, a nuclear war, warp drive test flights, Vulcans, or troll and monkey logic about human reactions to the discovery of alien life. If you Like this video and want to be notified of future content, like this video and subscribe. Full Not Trekonomics playlist: youtube.com/playlist?list=PL65EJ88idlKWVDItdgkDuCtYoNIMcHAFiFull Post-satiety Economic Template Playlist: youtube.com/playlist?list=PL65EJ88idlKWd-oXJ4xrQYKiPpiajb9qXSources:Budget Historical Tables: whitehouse.gov/omb/budget/HistoricalsDebt Interest: treasurydirect.gov/govt/reports/ir/ir_expense.htmFiscal Ranking of the US states: mercatus.org/statefiscalrankingsFinancial report of US gov't: fiscal.treasury.gov/fsreports/rpt/finrep/fr/fr_index.htmMonthly treasury statement: fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/current.htmThe Forgotten Man: amazon.com/Forgotten-Man-History-Great-Depression/dp/0060936428/ref=sr_1_1?ie=UTF8&qid=1503696162&sr=8-1&keywords=the+forgotten+man
21st Century Trekonomics: Ferengi Capitalism Vs Natural Law Robert Donovan 2017-08-19 | Most people are never taught that the essence of capitalism and free markets comes down to two rules:1. Do all you agree to do. 2. Encroach on no one else's person or property.Since no one follows these rules perfectly, and these two rules leave open the possibility to abuse charity, I add one more: 3. Pull your own weight first while always striving to improve.This can be translated as always add value first.These are all the rules of acquisition you need. Watch the entire playlist: youtube.com/playlist?list=PL65EJ88idlKWVDItdgkDuCtYoNIMcHAFiWhy Meyer Lansky was a better capitalist than the Ferengi and why you should care.
21st Century Trekonomics: Frugality Workout: Save $1 a Day? Robert Donovan 2017-07-30 | Budgets never work for me. I follow them for a while, but, life not being static, I am constantly revising the damn things. I decided to take the approach of actively managing savings. Once that was taken care of, the budgeting takes care of itself. In this episode I look at the idea of saving one dollar per day as a way to circumvent budgeting and form the habit of saving. How I converted monthly debt payments into monthly savings payments, and a little savings trick I use called the Daily Spending Limit game. If you like this video and want to support the channel, hit the like button and subscribe to be notified of new content. Watch the entire playlist: youtube.com/playlist?list=PL65EJ88idlKWVDItdgkDuCtYoNIMcHAFi
21st Century Trekonomics: Legally Torture Your Banker: Pay Off Your Debts Robert Donovan 2017-06-19 | Deal your debts a death blow and torture your banker at tha same time by paying them off as fast as possible. Want to hit back at the banks--really hit them? There is no better way to hurt a banker than to pay off debt fast and refuse to use it if you don't need to. In this episode, we look at four popular debt reduction strategies and examine the pros and cons of each.If you like this content and want to support further episodes, give this video a like, and subscribe. Watch the entire playlist: youtube.com/playlist?list=PL65EJ88idlKWVDItdgkDuCtYoNIMcHAFi
21st Century Trekonomics: Bankruptcy: Take Back Your Future Robert Donovan 2017-05-30 | if you've tried everything, reduced your expenses, and still can't cover your debt payments, and your accounts are getting swept by creditors. You owe lenders money, not your future. People have a lot of wrong-headed ideas about bankruptcy. If you have made a good-faith effort to repay our debts and you simply can't for whatever reason, declaring bankruptcy doesn't make you a bad person. Watch the entire playlist: youtube.com/playlist?list=PL65EJ88idlKWVDItdgkDuCtYoNIMcHAFi
21st Century Trekonomics: Banks Use Compounding to Keep You In Debt Robert Donovan 2017-05-30 | Banks do you no favors, even when they are helping you. Most people have no idea that banks want them in debt all the time so you will constantly be paying them. They can't calculate the interest cost on their debts, and have no conception of how compounding helps the bank enslave them. In this episode we look at how not to play the game their way an hit them in the pocketbook for a change.If you like this content and want to see more of it, hit the like button and subscribe. Watch entire playlist: youtube.com/playlist?list=PL65EJ88idlKWVDItdgkDuCtYoNIMcHAFi
21st Century Trekonomics: Voluntary Servitude: Student Loan Debt and Bankruptcy Robert Donovan 2017-05-09 | In this first episode covering debt reduction, we tackle student loan debt and the hurdles to discharging it through bankruptcy.Student loan debt is voluntary slavery sold by banks in the guise of future earning potential. The plain facts are that college doesn't make you smart, and a degree in anything other than a science, technology, engineering, or math field is a waste of money. Using debt to finance such degrees robs you of your future. For those already trapped by student debt, there are things you can do, but none of them are great options, because student loan debt can't be discharged through bankruptcy. If I wanted to organize a student protest movement, it would be to get that changed. If you liked this video and want to see more content like this, hit the like button and subscribe. The Iuliano Study: papers.ssrn.com/sol3/papers.cfm?abstract_id=1894445 Making Student Loans Dischargeable via Bankruptcy Article: http://www.natlbankruptcy.com/make-student-loan-debt-dischargeable-in-bankruptcyagain The Brunner Standard and Other Hardship Tests: http://www.forgetstudentloandebt.com/student-loan-relief-programs/private-student-loan-relief/private-student-loans-bankruptcy-discharge
21st Century Trekonomics: What Can You Be Happy Without? Robert Donovan 2017-04-18 | The hardest part of getting to a post-satiety lifestyle is getting started. The first step is to get your expenses as low as possible. The more you save, the faster you can retire to post-satiety. Start by asking yourself: what can I be happy without? Then, go through all your stuff and put everything you have either forgotten you had, or not even thought about since you got it into a pile. That pile can be sold to create a debt pay-down or starter fund for investing and you'll probably never miss it. The longer you go without using or even thinking about something, the better off you will be to sell it on Ebay or Craigslist or just discard it.You'll be amazed at how liberating this can be. If you liked this video and want to see more like it, give us a like and consider subscribing. Watch the Not Trekonomics Playlist: youtube.com/playlist?list=PL65EJ88idlKWVDItdgkDuCtYoNIMcHAFi
21st Century Trekonomics: Your Need for Money is Worthless Robert Donovan 2017-03-28 | You don't get paid because you need the money. You get paid for serving the needs of others. Schools never teach this basic fact. The establishment media bombard us with incentives to consume rather than save, and the government taxes, spends, and indebts us to oblivion. The way to beat the system is to do the exact opposite, live within your means, save, invest, and learn to make yourself more valuable to others. If you like this video and want to see more like it, give us a like and consider subscribing. Freedom Project Academy: http://fpeusa.orgUnschool Adventures: http://www.unschooladventures.comBlake Boles: http://www.blakeboles.com
RSRT-EP3:RIP Richard Hatch, Axanar Settles, Insane US Copyright Laws Robert Donovan 2017-03-07 | Random thoughts on the the passing of Richard Hatch, the Axanar Settlement, and a call to reduce the length of copyright to something sane.Like and subscribe if you want to see more videos like this. jonathan Lane's Fan Film Factor Blog:http://fanfilmfactor.comProject Small Access Facebook Group:facebook.com/groups/smallaccess
21st Century Trekonomics: Scrape Off the Leeches Robert Donovan 2017-03-07 | How I got here, where I'm trying to go with this, and starting right.Banks and merchants want us all to be mindless spenders. This show is about becoming a rational spender, saver, and investor. The first step is to adopt the mindset that you will no longer work your tail off making others rich with no benefit to yourself, and not to listen to anyone who tells you you should. I don't come from money, but I have never believed you need to. The trouble for most people is that modern society teaches mindless consumption as the way to keep the economy going. I will be demonstrating that if you keep your expenses down, save, and invest to create more income, there is no need for universal basic income, a welfare state, government programs, or a lot of money to start.If you like this video and want to see more like it, give us a like and hit subscribe.
