Happiness & Money

Pursuing FIRE may require a postpone of today's indulgence for the future's. The magic of compound interest is a motivation to save up as much as possible now, withholding consumption in the present. As such, I hardly splurge and only spend on the essential things. Pampering has taken a backseat. I find reading these books help me to say grounded.

Here, I distill all the essential concepts from the books I read.

  • Happiness is the absence of desire
  • Peace happens when you don't turn an observation into a problem. If you don't have the desire to act on what you observe, you are at peace
  • Being curious and motivated leads to action
  • It is desire, not intelligence that prompts behavior
  • Cultivate a desire before doing anything
  • Emotions are a threat to wise decision making
  • Suffering drives progress. Source of suffering is the desire for a change in state
  • Reward is on the other wise of sacrifice

Habits

  • Aggregation of marginal gains - make small improvements daily
  • Be 1% better everyday. A slow pace of transformation is okay.
  • Outcomes are a lagging measure of habits
  • Forget goals. Focus on systems. The process will lead to the result that you want to achieve (goal).
  • Fall in love with the process instead of the momentary happiness of getting the goal.
  • The commitment to the process determine your progress
  • To change things, you need to have a goal, plan and change your identity
  • Practical way to change who you are is to change what you do
  • Decide the person you want to be then take small steps to reinforce your desired identity with the habits you choose today
  • Focus by taking actions (active practice), not in motion (passive learning)

Thinking

Big picture thinking

  • See the big picture and know the destination
  • Have a Growth mindset and learn continually

Focused thinking

  • Think with clarity
  • Identify your priorities and see what bear fruit the most

Creative thinking

  • Have ideas, explore options, imagine
  • Don't fear failure

Realistic thinking

  • Do the work, be knowledgeable, get the facts and think with certainty

Strategic thinking

  • "If you fail to plan, you plan to fail"

Possibility thinking

  • Look for possibilities in every situation
  • Have belief

Question popular thinking

  • Think before you follow

The Subtle Art of Not Giving a F*ck By Mark Manson

  • Learn how to focus and prioritize your thoughts effectively. This means that you need to pick and choose what matters to you and what don't
  • You don't need to give a f*ck about everything & everyone
  • Be comfortable about being different
  • Find something important & meaningful in life so you won't give a f*ck to meaningless/ frivolous and trivial things

Slow Down

  • Make time for emptiness
  • Don't worry about things you can't control
  • See work as mindful work that educate and nurture you
  • Don't compare
  • Find peace by casting away greed, anger & ignorance
  • Don't be bound by a single perspective. See things in different ways
  • Don't be fixated on what's right or wrong. Compromise

Accept yourself

  • Be good to yourself first, then to others - learn how to express your feelings without agonizing over it
  • Attain inner peace by not feeding and producing negative thoughts and learning to accept circumstances - suspend your inner monologue if there is nothing you can change
  • Don't get swept away by the storm - follow the wisdom emanating from the storm's peaceful eye
  • Worry about the problems that you are facing right now will do. For the rest, you will cross the bridge when you come to it

Growth Mindset

  • Focus on learning and improving
  • Take the challenge, learn from failure, continue the effort
  • Don't worry about mistakes, failures in the process
  • Be curious

Entrepreneurship

  • Find and build specific knowledge
  • Find work that feels like play
  • Be patient. You have to give your desired outcome a long enough timescale. It takes time and you have to put in the time.
  • Decision-making: If you can be more right and rational, you will get non-linear returns in your life

Thank you for reading my post! Please feel free to connect with me and get updated posts on Facebook.

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