… you had avoided some or all of those red arrows? ๐ค
Your Financial Independence depends on your sense of personal autonomy.
What does it mean to have a strong sense of personal autonomy?
Personal autonomy is defined as the ability โto make choices regarding the directionโ of your actions, as well as having the freedom to pursue those choices.
Psychologists speculate that the more private people choose to be, the more they might feel they can โreclaim control over how (& whether) their life is shared.โ
๐ก๐ผ๐๐ต๐ถ๐ป๐ดโ๐ ๐๐ผ๐ฟ๐๐ฒ ๐๐ต๐ฎ๐ป ๐ด๐ฒ๐๐๐ถ๐ป๐ด ๐๐ต๐ฎ๐ ๐๐ผ๐ ๐๐ฎ๐ป๐ ๐ฏ๐๐ ๐ป๐ผ๐ ๐๐ต๐ฎ๐ ๐๐ผ๐ ๐ป๐ฒ๐ฒ๐ฑ.
That sums up so many peopleโs relationship with money & success.
If youโre lucky enough to get what you want (money & stuff), you might still realize itโs not what you need (family, friends, health, time, being part of something bigger than yourself).
And then youโre disappointed.
What could be worse?
Well, you could have bought all that stuff merely to impress people.
Sometimes the stuff you spend money on has so much influence over your behavior that itโs not clear whether you own things or the things own you.
Might you value the attention money brings you more than you value the comfort & convenience of stuff that money can buy?
Newsflash: Nobody is paying attention to you. So stop trying to impress strangers.
By & large, your brain doesnโt want nice cars or big homes.
It wants dopamine.
Your brain doesnโt want stuff.
It doesnโt even want NEW stuff.
๐ฌ๐ผ๐๐ฟ ๐ฏ๐ฟ๐ฎ๐ถ๐ป ๐๐ฎ๐ป๐๐ ๐๐ผ ๐ฒ๐ป๐ด๐ฎ๐ด๐ฒ ๐ถ๐ป ๐๐ต๐ฒ ๐ฝ๐ฟ๐ผ๐ฐ๐ฒ๐๐ & ๐ฎ๐ป๐๐ถ๐ฐ๐ถ๐ฝ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ด๐ฒ๐๐๐ถ๐ป๐ด ๐ป๐ฒ๐ ๐๐๐๐ณ๐ณ.
Thatโs it.
Understand your brain & you have a competitive edge.
The important point of all of this:
๐๐๐๐ก๐ฉ๐ ๐๐จ ๐ฌ๐๐๐ฉ ๐ฎ๐ค๐ช ๐๐๐ซ๐ ๐ข๐๐ฃ๐ช๐จ ๐ฌ๐๐๐ฉ ๐ฎ๐ค๐ช ๐ฌ๐๐ฃ๐ฉ.
Over to you, how do you define wealth? ๐๐๐
โNot needing wealth is more valuable than wealth itself.โ โ Stoic saying
โGood advice is never as simple as saying โLive for todayโ or โSave for the future.โ The only good advice is โminimize future regret.โโ โ Morgan Housel