Wealth = Have รท Want

[A good reminder this week from Derek Sivers :) Happy Thanksgiving!]

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Not a new idea, but just another visualization and reminder.

Wealth, feeling like you have plenty, is an equation.

Wealth = Have รท Want

If you have nothing, then focus on having some.

Once you have some, the easiest way to increase your wealth is to decrease your needs.

  • Have 10 but want 100? You are poor.
  • Have 10 but only want 5? You are wealthy.
  • Have 10 but are happy with 1? You are very wealthy.

Making money depends on other people, so itโ€™s harder. Itโ€™s not entirely under your control. Itโ€™s an outer game.

Reducing what you โ€œneedโ€ to be happy is easier. Itโ€™s entirely under your control. Itโ€™s an inner game.

I used to look for ways to make money, but I havenโ€™t done that in years. Now I keep looking for ways to want less.

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Derek is one of my favorite thinkers and just came out with a new book full of short passages like this: Useful Not True. He’s one of the only authors whose books I actually KEEP after reading!

*Image above courtesy of AI… I uploaded my pic and asked it to show me “doing yoga in the clouds” lol…

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2 Comments

  1. Financial Fives December 5, 2024 at 2:22 PM

    A great reminder around the Holidays, thanks J$! Hope you had a good sunny Thanksgiving

    Reply
    1. J. Money December 9, 2024 at 9:55 AM

      Indeed my man, indeed :)

      Always nice to see you here – thx for being a positive part of this community 🙏

      Reply

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