Global Wealth

Interesting post here summarising Credit Suisse’s Global Wealth Report. Basically to be in the top 1% of the global wealthy, you need to have $712,000 USD in net assets. To be in the top 10%, you need to have over $82,000 in net assets.

One percent of 7 billion is 70 million. So basically there are 70 million people in the world with $712,000 USD or more in net assets.
[EDIT] Actually, having just read the report, the results are expressed in terms of the global population of adults, 4.5 billion in 2011.

Micro-boxing for productivity

Time-boxing is an idea that I heard about a number of years ago. It's only been fairly recently that I have tried to incorporate it as a regular part of my daily workflow. The general idea behind time-boxing is that you concentrate on working for a set periods of time through-out the day. I adjust the period of time to how motivated I feel. When I feel really motivated I work in blocks of 25 minutes. When I am just getting started on the day I work in blocks of 10-15 minutes.

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Ledger to OFX

I keep my finances in J Wiegley's Ledger format, which means everything is in a flat text file, for easy editing. I recently decided to use Xero.com for both my company and personal accounts. Unfortunately, this means that I somehow needed to upload all my past transaction data. So I wrote a Python script to convert Ledger format account files to OFX. You can grab a copy of the source code over at GitHub.