Your Money or Your Life
📅 Finished on: 2020-04-16
💰 Economy
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Nine Magical Steps to Create a New Road Map
Notes
- Make peace with the past: tally total earnings and total liabilities of your life
- Be in the present: calculate life energy and track every cent that comes in and goes out
- Where does it all go? Monthly tabulation with a large spreadsheet, converting amounts into life energy
- 3 fundamental questions: do I have satisfaction/fulfillment, is it in line with my values, and how would it change if I did not have to work “for a living”? + or -
- Show Life Energy: Wall Chart with the trend over time of income - expenses
- Value Life Energy: rules for saving, focus on true needs
- Value Life Energy 2: maximize earnings, maintain integrity
- Crossover point: the point where your passive income equals your expenses
- Manage finances: bonds & co, fairly outdated.