Hey everyone, in a previous video we talked a little bit about this story of
the Mexican Fishermen and the American Business Man and if you guys haven't
seen that one yet you should go check it out, it's titled
in a way that you'll recognize it but really the point of the story was to
know what it is that you want and sometimes what we want doesn't require
exactly what we think it does and in keeping with that principle I wanted to
share with you a very quick but valuable TIP that I got actually from a book
written by Tim Ferriss. And I believe if I remember right I hope I get this right
I think he calls it Dreamlining -- and basically what this exercise does,
what it asks you to do is take out a sheet of paper, so you can do this right
now, take out a sheet of paper and a pen and start making a list of everything
that your Dream Life would entail that costs money.
So you're not going to want to list things maybe like find my dream spouse
or something like that because you can't really put a financial amount to that
obviously but list things, you know, that you want -- they could include
you know how many vacations a year do you want to go on, how much do you want
to give to worthy causes, what kind of car do you want and what
would the payment amount be for that car. So basically what you want to do is
write out everything that would entail your ultimate lifestyle. Now this is not
the time to think how we normally think which is okay what's reasonable or
what's likely, this is the time to go okay, if everything was available to me
what would I list, what would I ask for. List it all and then in the column on
the other side list the amount of money per month that thing would cost. If it's
a Lamborghini then... (correction) *List the
amount of money a Lamborghini lease would cost per month. If it's four
vacations a year, whatever, divide that amount of money you need for four
vacations up into a monthly cost listed there
then add the total up to find out what your dream lifestyle would cost per
month. And the beautiful and cool thing about this exercise is what it often
reveals is that it would really require a lot less than you think to have the
lifestyle you dream of having. A lot of times we think in order to create a
dream lifestyle we'd have to have Justin Bieber money, right? We'd have to have
millions and millions of millions of dollars coming in per month. What we find
out when we actually look at it and we actually do the
math is that our dream lifestyle, the one that we would consider really
the ultimate, is oftentimes a lot closer to us and not nearly as far away as we
thought. So it's an exercise that will give you a
little bit of motivation, a little bit of maybe even excitement and I can't wait
to hear your feedback on what it was like for you when you do this exercise
so go ahead and do it now. Get out a pen and piece of paper and let me know your
thoughts in the comments below.
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