The book that changed my relationship with money - 'Your Money or Your Life' by @vicki_robin
Here's what I learnt π§΅π
Here's what I learnt π§΅π
πΌ Redefining work
We're not really making a living from work. We're making a dying.
In other words, we waste a lot of energy on our jobs in the hope they'll bring us meaning, joy, and happiness. Even though we can get this by spending more time with friends + family.
We're not really making a living from work. We're making a dying.
In other words, we waste a lot of energy on our jobs in the hope they'll bring us meaning, joy, and happiness. Even though we can get this by spending more time with friends + family.
π° What is enough?
"Enough is like the horizon - always receding"
We often associate more money with increased levels of fulfilment. But at some stage the more we accumulate the less satisfaction we get - this is the fulfilment curve.
"Enough is like the horizon - always receding"
We often associate more money with increased levels of fulfilment. But at some stage the more we accumulate the less satisfaction we get - this is the fulfilment curve.
β‘οΈ Money = life energy
Money is what we exchange our life energy for. And our life energy is the precious hours of life available to us.
So everything we buy is equivalent to hours of life energy we've given up e.g an $800 iPad = 80hrs of life energy if our job paid $10ph
Money is what we exchange our life energy for. And our life energy is the precious hours of life available to us.
So everything we buy is equivalent to hours of life energy we've given up e.g an $800 iPad = 80hrs of life energy if our job paid $10ph
π3 key questions about life energy
1. Did I receive fulfilment, satisfaction + value in proportion to the life energy spent?
2. Is this expenditure of life energy in alignment with my values + life purpose?
3. How might this expenditure change if I didn't have to work for money?
1. Did I receive fulfilment, satisfaction + value in proportion to the life energy spent?
2. Is this expenditure of life energy in alignment with my values + life purpose?
3. How might this expenditure change if I didn't have to work for money?
The book is full of really interesting info about how we think about money, leisure, meaning and all that kind of stuff. So make sure you check out the full video π
And drop me a cheeky follow - @AliAbdaal - if you enjoyed reading this thread.
And drop me a cheeky follow - @AliAbdaal - if you enjoyed reading this thread.
TL;DR
1. Our job doesn't really give us much fulfilment.
2. At some point, earning more money doesn't make us more satisfied.
3. Everything we buy is equivalent to hours of life energy given up.
4. Always ask: is this purchase satisfying or aligned with my values?
1. Our job doesn't really give us much fulfilment.
2. At some point, earning more money doesn't make us more satisfied.
3. Everything we buy is equivalent to hours of life energy given up.
4. Always ask: is this purchase satisfying or aligned with my values?
β’ β’ β’
Missing some Tweet in this thread? You can try to
force a refresh
γ
