I’m taking some time off for a mini-sabbatical in Indonesia! Really looking forward to spending time with family and visiting some lesser known islands 🏝
I'll be back in March with the budgeting video and more 😊
In this issue of Mindful Money Mondays:
- 🧠 Mindset: Working like a lion
- 💸 Wealth: Strong foundations are key
🧠 Mindset: Work like a lion
We often think of the world as linear—we work 8 hours and expect 8 hours worth of output. We invest $10 and expect big returns quickly.
However, nobody really works 80+ hours a week effectively—our mental clarity goes down, and so does the quality of our output.
What tends to be more effective is to work in sprints. Work as hard as you can while you’re inspired, rest, reassess, and repeat. Working like a lion leads to a marathon filled with sprints.
h/t: Naval Ravikant, investor & co-founder of AngelList
💸 Wealth: Strong foundations are key
I like to think of my financial wellbeing as a boat trying to reach an island (goal).
We can’t control the wind/luck (luck), but we can control our boat.
We can plug the holes that are sinking the boat (debt).
We can set aside some resources (savings) for stormy days where we can’t fish.
We might not have sails (investments) at first, but once we get started building one, it’ll help us reach our goal much faster.
Getting rid of debt and saving money are the cornerstones that make sure we can endure the journey to reach our goal.
Be careful of getting stuck building a sail without making sure the boat can float even in a storm, or being overconfident in the weather.
What’d you think about today’s article?
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