Life-Style Design

wealthymatters.comTimothy Ferriss ,an entrepreneur and angel investor,in his bestseller The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich  talks about “lifestyle design”.He repudiates  the traditional “deferred” life plan in which people work grueling hours and take few vacations for decades and save money in order to relax after retirement.He advocates mini retirements instead.His ideas make sense because the present is our only reality.While it is great to provide for the future, what about those of us who will not be round in the future or might not be as fit and able tomorrow to do the things we really want?Also happiness is as transitory as time and neither can be saved up for the future.

He advocates the acronym DEAL .It stands for Definition, Elimination, Automation, and Liberation.

Definition means figuring out what you want, getting over your fears, seeing past society’s “expectations”, and figuring out what it will really cost to get where a person wants to go.And he shows us how it doesn’t cost so much to have and do the the things we want as long as we think flexibly.As he puts it:The rules of reality can be bent. It just requires thinking in different terms. Read more of this post

Brian Tracy’s Laws of Money

Here are  Brian Tracy’s ’21 Laws of Money’.I find them a pretty powerful set of beliefs to have about money.

1. The Law of Cause and Effect: Everything happens for a reason; there is a cause for every effect.

2. The Law of Belief: Whatever you truly believe, with feeling, becomes your reality.

3. The Law of Expectations: Whatever you expect, with confidence, becomes your own self-fulfilling prophecy.

4. The Law of Attraction: You are a living magnet; you invariably attract into your life the people, situations and circumstances that are in harmony with your dominant thoughts. Read more of this post

%d bloggers like this: