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- Jun 22, 2018
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I noticed I've been delaying consumption for a couple of years now. I use a Chinese 100$ phone, wear clothes I bought 6 years ago, have no car, and generally speaking I don't consume shit.
I don't have social media/Netflix either because that's an even worse kind of consumption. You consume stuff you can't even see in the real world. What's the ROI there? Just some neurons firing in your brains and forming useless neural pathways. At least if you buy a physical product, you can own it and see it physically. But consuming digital content is the worst in my opinion (unless we're talking about learning material or non-fiction stuff).
I've been wanting to get tattoos for a while and now that I saved up a few thousand euros I can afford it, however, I decided to postpone it again. Been postponing it since when I was 16 and I'm 22 now. This shows some discipline but I must say constantly delaying the reward is making me feel sick at this point. I think I got to the extreme point of depriving myself of any kind of reward for my efforts.
My subconscious is screaming "spending 2k on a tattoo when you haven't even launched your business is the worst thing you can do". I've read a quote on a thread that says "there are those who have a lot of money and those who spend a lot of money, but you rarely find people who have both the traits", and it made me think. The rich people we see today rarely lived lavishly in the beginning. I think the key here is strategizing smartly. It's a chess game. Sacrificing one piece for the big win is all that matters. In the end it's a battle within ourselves. There's no one else stopping us from achieving our goals. It's us. If we can control ourselves and take smart actions, we'll eventually get rewarded in the long-term.
Buying a tattoo or a new BMW feels good in the short term, but in the long term the curve is headed downwards. Saving money feels bad in the short term, but given you didn't put your money into some meme crypto coin, the curve will likely be exponential in the long term.
Something I learned from Bezos and Sam Ovens is, "What's the decision most likely to benefit you 5-10 years from now?". Aka, thinking extremely long-term to figure out the potential upside of one action versus another. This is also called paying dividends thinking. Some actions pay dividends. Like if you lift some weights today, you might not see the results immediately, but if you keep doing it, in a couple months you'll start receiving the dividends for your prior efforts.
Thoughts and opinions?
I don't have social media/Netflix either because that's an even worse kind of consumption. You consume stuff you can't even see in the real world. What's the ROI there? Just some neurons firing in your brains and forming useless neural pathways. At least if you buy a physical product, you can own it and see it physically. But consuming digital content is the worst in my opinion (unless we're talking about learning material or non-fiction stuff).
I've been wanting to get tattoos for a while and now that I saved up a few thousand euros I can afford it, however, I decided to postpone it again. Been postponing it since when I was 16 and I'm 22 now. This shows some discipline but I must say constantly delaying the reward is making me feel sick at this point. I think I got to the extreme point of depriving myself of any kind of reward for my efforts.
My subconscious is screaming "spending 2k on a tattoo when you haven't even launched your business is the worst thing you can do". I've read a quote on a thread that says "there are those who have a lot of money and those who spend a lot of money, but you rarely find people who have both the traits", and it made me think. The rich people we see today rarely lived lavishly in the beginning. I think the key here is strategizing smartly. It's a chess game. Sacrificing one piece for the big win is all that matters. In the end it's a battle within ourselves. There's no one else stopping us from achieving our goals. It's us. If we can control ourselves and take smart actions, we'll eventually get rewarded in the long-term.
Buying a tattoo or a new BMW feels good in the short term, but in the long term the curve is headed downwards. Saving money feels bad in the short term, but given you didn't put your money into some meme crypto coin, the curve will likely be exponential in the long term.
Something I learned from Bezos and Sam Ovens is, "What's the decision most likely to benefit you 5-10 years from now?". Aka, thinking extremely long-term to figure out the potential upside of one action versus another. This is also called paying dividends thinking. Some actions pay dividends. Like if you lift some weights today, you might not see the results immediately, but if you keep doing it, in a couple months you'll start receiving the dividends for your prior efforts.
Thoughts and opinions?
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