Almost (?) the same thing, but I actually pay for the privilege of cold
soaks in Japanese/Korean spa centres. Quite tempted to save myself some
money by procuring a large enough receptacle in which I can sit, that can
be filled with ice water.

Jules

On Fri, 26 Jan 2024 at 17:18, Huda Masood via Silklist <
[email protected]> wrote:

> Clearly I cannot afford this but I still want to test the
> longevity/sustainability of this decision - that USD 500 is enough.
>
> Can you convince yourself that you receive 500 dollars worth of health,
> motivation and resilience benefits to withstand 180 seconds of 12-15
> centigrade water every. Single. Day. for a week?
>
> My assumption is that you’ll decide it isn’t worth it, even for USD 500.
>
> My motivation for cold showers (6 months of pure agony, I’ll add) is
> twofold and deeply personal -watching my father die -cancer- and be
> miserable about being cold, and my own mental health benefits enormously
> from it (it is the hardest thing I can do in a day, everything else is a
> piece of cake). But no amount of money would incentivise me to do this.
>
> Huda Masood
> +91 9886796967
>
>
> On Fri, 26 Jan 2024 at 02:37, Charles Haynes <[email protected]>
> wrote:
>
>> I would do the shower thing for somewhere between USD$100 and USD$500 per
>> day. ($100 is probably not enough, $500 definitely is.)
>>
>> One learning about money is that looking at investments daily makes me
>> unhappy and that for me the "asymmetry of happiness" is real - that losing
>> $100 makes me more unhappy than winning $100 would (and it's not just about
>> the non-linearity of the value of money, but it may be an endowment
>> effect). So in circumstances where good and bad things are both likely to
>> happen relatively frequently I try to "smooth out" the frequency by
>> checking less often.
>>
>> On Fri, 26 Jan 2024 at 07:52, Huda Masood via Silklist <
>> [email protected]> wrote:
>>
>>> Tell me then, in what other areas of your life have you applied the new
>>> learnings with money?
>>>
>>> I find the human relationship with money extraordinarily interesting. My
>>> current social experiment is asking how much could I pay them to take a 3
>>> minute cold shower every day, for a whole year. No hot water before or
>>> after.
>>>
>>> I’ve had no takers so far. Everyone wriggles out with some condition or
>>> the other. No amount of money is incentive enough.
>>>
>>> But they’d happily do it if family was in danger or they could work half
>>> time for the same pay.
>>>
>>> I find that very telling.
>>>
>>> Huda Masood
>>> +91 9886796967
>>>
>>>
>>> On Thu, 25 Jan 2024 at 18:27, Christopher A Kantarjiev via Silklist <
>>> [email protected]> wrote:
>>>
>>>> On 1/24/24 10:16 PM, Udhay Shankar N via Silklist wrote:
>>>>
>>>> > Very interesting thought. The most thought-provoking part is
>>>> "changing
>>>> > your mental model" which resonated with me, because the mental model
>>>> > which causes this to be an issue in the first place is "Am I being
>>>> taken
>>>> > advantage of?" (which is completely different from "Can I afford
>>>> this?"
>>>> > which requires a separate thread, I think.)
>>>>
>>>> Yes ... I grew up in a household where my father tracked every penny of
>>>> expenses and basically invented a double-entry bookkeeping system so he
>>>> could resolve his cash accounts Sunday night. I guess it was "fun" for
>>>> him, but hell for everyone else when he wandered the house saying
>>>> "where
>>>> did I spent twelve cents?".
>>>>
>>>> It came both from a history of not having enough (he lived through WWII
>>>> in Germany) and a fear of being taken advantage of ... which I,
>>>> somewhat
>>>> unfortunately, inherited.
>>>>
>>>> Those two things were very intertwined in my attitude towards money,
>>>> and
>>>> this experience was a big step in learning to let go of them.
>>>>
>>>>
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>>>>
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