The Fear Index (otherwise known as the VIX) was devised to measure volatility in the stock market. People have been placing bets against the VIX due to recent market stability, but many of these bets imploded with recent market downturns. What can this behavior teach us about living a rich life?

It’s not at all impossible to keep cost of living reasonable when living in an expensive city. I moved to DC in 2014, and was able to drastically slash expenses. But I didn’t stop enjoying life. In fact, I enjoy it even more. Here are my tips on how to live well in an expensive city.