Tag: Study

Extrinsic rewards

I would like to pass CFA level one. I have already tried the exam twice and failed! Like anything this is a multi-variable problem – I have a job and 2 young kids, I never did maths at school, I don’t have a lot of time for studying. Etc. Etc. But I was very close to passing the last time.

Previously all the reward for studying has been intrinsic. But now I am going to give myself some sort of extrinsic, materialistic, awesome enticement for passing the next exam in December. Hopefully this sort of motivation works. It can’t hurt. Candidates for the prize include:

  • an apple device ( I like the look of the new watch and the new phones and the new speaker)
  • a hifi device (my speakers could do with an upgrade)
  • a holiday (after all that studying)
  • a new bed….because sleep.

I am stretching the limits with this exam, but I like the challenge and am lucky enough to be able to try.

To be chanted like the Americans chant: C F A…C F A…C F A

Making it digestible

If you want to learn something, then it is not always the best idea to dive headlong into the most technical detail. It can be confusing for the uninitiated, can get boring and does not allow for playing around with concepts so easily.

Alternatively, find a summary that is in your language written for people like you. Whether it is a blog, or a friend who knows their stuff, or a book that is concisely written – Start in a place that makes sense and hints at the complexity underneath. If you are into it then you can always follow up on the theory afterwards.