Single Source of Truth (SSOT) App

Choose an app (among 5 scopes of management in personal productivity) as the single point of reference for all your personal data.

All the other apps under the umbrella of your personal productivity should reflect or depend on this. Derived and different versions of the “truth”.

The one place to refer to and which holds the latest information. Source of “truth”.

Inspired by What is your “SSOT” app for personal productivity?

P.S. This SSOT is a reverse concept of the original SSOT used in IT.

5 scopes of management in personal productivity

Task Management (including Projects and Goals Management) – consider financial management as a project inside this.

Time Management (events to attend, meetings)

Notes Management / Ideas, PKM (Personal Knowledge Management) / Minutes / Journaling (including physical notes).

Files Management (including physical resources), Document management.

Communication – Email Management, People/Contacts Management

What are the apps you use for each scope?

Evernote is acquired by Bending Spoons

Source: Evernote Blog

Bending Spoon is a Milan-based app developer. It has over 100 million users combined for its apps Splice -Video Editor, Remini -Photo editor, and some other apps.

Evernote is not shutting down, instead, it is expected that it will gain additional features from the products of Bending Spoon.

3 steps to achieve (personal) Financial Independence

Step 1: Grow the gap – the gap between your monthly expense and monthly income.

  • either by curbing your expense
  • or increasing your income
  • or by doing both

Step 2: Invest the gap – invest your energy in increasing this gap.

Step 3: Repeat.

Source: Paula Pant on Big Think

P.S. Aim to save at least 20% of your income every month (or) Increase your savings rate by 1% each month.