I Used to Be Impressed by People Who Had a Lot of Money — But Now I’m Impressed by People Who Have a Lot of Free Time
New Status Symbols
• Sabbaticals
• Long attention spans
• Quality time with kids
• Valuing time over money
• Slow and calm lifestyle
• Meeting-free calendar
• Having “enough”
• Financial freedom
• Enjoying what you do
• Biological age younger than your real age
Prashant Patel added
alex added
New status symbols
Monetary wealth will always have value, but more and more we’re valuing time as a precious commodity, and the ability to delegate tasks and conserve time is gaining significance as a sign of status.
Simon Steinhardt • Hidden in Plain Sight: How to Create Extraordinary Products for Tomorrow's Customers
Real wealth is:
-not having to go to meetings
-not having to spend time with jerks
-not being locked into status games
-not feeling like you have to say “yes”
-not worrying about others claiming your time and energy
Real wealth is about freedom. Money can help achieve these things, but there are plenty of people who make l... See more
James Clear • 3 Ideas, 2 Quotes, 1 Question (December 26, 2019) | James Clear
Isaac Feldman added
The ability to do those things when most others can’t is one of the few things that will set you apart in a world where intelligence is no longer a sustainable advantage. Having more control over your time and options is becoming one of the most valuable currencies in the world. That’s why more people can, and more people should, save money.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
bbc • The way we view free time is making us less happy
Keely Adler added
Using your money to buy time and options has a lifestyle benefit few luxury goods can compete with.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Using your money to buy time and options has a lifestyle benefit few luxury goods can compete with.