Welcome to Wise & Wealthy: A weekly newsletter full of proven ideas to become smarter and wealthier. I send this every Monday.
#66 – April 10, 2023
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Wise: What you really want
You can accomplish a lot more than you think in life if you focus on one thing at a time.
Life is long enough to make most of your dreams come true.
The keyword is most. We can’t have everything we want. Or can we?
I argue we can. And that’s because most of us don’t know what we truly want in life.
Recognizing what you really want from life is the key to achieving it.
Be unapologetic when you decide what you want in life and then get after it.
Most of us find out that there are not that many things we want. That simplifies everything.
↳ You Can Have What You REALLY Want
I’ve been consistently spending less money for the past three years on goods.
This is not about inflation, it’s about philosophy.
I get a sense of fulfillment when I spend less and only spend on things that enrich my life.
Buying new clothes or devices doesn’t give me that feeling. They are simply nice to have.
While our economy is fueled by consumerism and it’s essential to our prosperity, I believe we should never overdo it.
This is why I always prioritize saving over spending and buying assets over liabilities.
↳ Why Rich People Avoid Consumerism
One interesting thing
According to the MBI, a psychological assessment tool, burnout is defined as follows:
“Exhaustion, cynicism and inefficacy, or persistent feelings of low personal accomplishment.”
To avoid burnout, two things are critical:
- Self-monitoring: The sooner you become aware that you’re exhausted, the sooner you can do something.
- Take action: Take a step back, rest, recover, read, exercise, or do anything that energizes you.
This is a continuous process.
Thanks for reading! I hope you found this edition of Wise & Wealthy useful.
All the best,
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I’ve created a one-week email course that you can do together with a group. It’s called Stay Centered, and it will help you to reclaim focus and live a meaningful life.
When you’re centered, nothing can hurt you. You will have inner peace no matter what happens.
How to unlock Stay Centered
You can join the challenge for free. Every day, you’ll receive a short email with a small challenge that inspires you to live better.
I highly recommend sharing it with your friends so you can go through the program together. I did it with my team, which was a lot of fun.
Join here: dariusforoux.com/stay-centered