I’m at the moment studying Methods to get wealthy by Felix Dennis. The entrance cowl claims it’s imagined to reveal some secrets and techniques to getting wealthy. I’m at the moment on web page 70 and I haven’t come throughout as something revolutionary but (hopes are excessive although), however one factor that struck me was a paragraph within the preface, written by a somebody, who’s price about half a billion {dollars}:
[I wrote this book to]…show that that turning into wealthy has given me probably the most treasured factor in life. And simply what’s the most treasured factor in life that riches can provide? Straightforward: For me, it’s Time. Time. Time to learn and write poetry if I wish to. Or to jot down a guide if it takes my fancy. Time to journey on the slightest whim, to stroll within the woods, to suppose, to fee artwork, to learn, to drink, to hang around with associates and family members … to do absolutely anything actually, so long as it doesn’t contain day after grinding day earning profits in an workplace or a manufacturing facility for another person. That’s what cash can do.
Wow! That is from a man who “outriches” me by greater than an element 1000 and what he seeks and has is basically the identical as what I search and have. Really, if me outsourcing my bookcover might be thought of commissioning artwork, and if running a blog is poetry (ahem!) we take pleasure in precisely the identical issues. That is considerably surprising given the issue 1000 distinction. Often I count on variations in variety when variations exceed an element 10.
So excellent news all people! You actually don’t want $500,000,000+ to have that point and reside effectively.
He does point out a few of the automobiles he should purchase, which I can’t, however alternatively he can’t drive them, so I suppose that makes us even 
I’ve on the uncommon event thought of working extra to select up more cash so I should purchase stuff, however frankly, giving up Time to purchase stuff is quite a bit to ask, so I’ll fulfill myself with cheaper indulgences.
Thus I conclude that I’m already past what extra cash can do for me. Extra precisely, the marginal utility of more cash is low. It’s been like that for some time. Even whereas I used to be working, cash rapidly developed into merely a means of maintaining rating. It’s a pure consequence of spending far lower than the pay.
Currently, I’ve realized that I get outdated. I’m in my mid thirties. Double that and I’ll be in my seventies. To me 70 is considerably outdated. So I’ve as a lot time going again to 0 as I do going as much as 70 and I don’t really feel like I’ve lived a very very long time. The marginal utility of extra time is excessive!
Spending very treasured time to earn more money than wanted is thus uneconomical. Certain, earning profits by the way is good, however actively spending time to pursue extra once I already appear to have reached the restrict of what’s potential with cash (except for the possession of huge luxurious objects which I believe I can reside with out) is solely nuts when it seem that there isn’t any extra satisfaction available.
Certain, all people most likely thinks, as talked about within the guide, that they’re the one exception that cash does certainly purchase happiness, however I’m not keen to guess 15 years of my life on that.
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Initially posted 2010-05-31 23:22:55.