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Finding Peace in Everyday Tasks: Book Summary of ‘A Monk’s Guide to Cleaning’

June 24, 2023 By Nagesh Belludi Leave a Comment

'A Monk's Guide to a Clean House' by Shoukei Matsumoto (ISBN 0143133330) Shoukei Matsumoto’s book, A Monk’s Guide to a Clean House and Mind (2011,) provides spiritual insights into the approach to cleaning and maintenance in a Zen monastery. These practices not only align with Buddhist principles but also form an integral part of meditation and mindfulness.

Matsumoto emphasizes that cleaning the home shouldn’t be considered a burdensome task to be hurriedly completed. Instead, it can be a peaceful and fulfilling practice that purifies and nurtures the mind. It is an ascetic and transformative endeavor that restores our inner being. Matsumoto says, “We sweep dust to remove our worldly desires. We scrub dirt to free ourselves of attachments.” Each clean surface reflects our inner radiance, shining brightly.

Buddhist spirituality extends beyond formal religious rituals and encompasses everyday actions. Simple tasks are seen as sacred rituals, providing opportunities for cultivating mindfulness, compassion, and presence. By clearing away the dust obstructing our vision, we uncover the pure essence of things: “Nothing starts out as rubbish. Things become rubbish when they are treated as rubbish.”

This widely popular book in Japan offers practical cleaning tips and delves into the Buddhist perspective on life. It challenges the wastefulness prevalent in modern society and advocates for a deep reverence towards spaces and objects, highlighting the profound humanity within. Matsumoto, a Buddhist monk at Komyoji Temple in Kamiyacho, Tokyo, shares insights into monastic life and introduces various Zen concepts. Additionally, the book provides guidance on bringing the tranquility and serenity of a Japanese temple into ordinary homes. It reminds us that even in the simplest tasks, such as cleaning, enlightenment can bloom, dispelling the darkness in our hearts.

Wondering what to read next?

  1. Mottainai: The Japanese Idea That’s Bringing More Balance to Busy Lives Everywhere
  2. Marie Kondo is No Cure for Our Wasteful and Over-consuming Culture
  3. I’ll Be Happy When …
  4. Addition Through Subtraction
  5. The Simple Life, The Good Life // Book Summary of Greg McKeown’s ‘Essentialism’

Filed Under: Belief and Spirituality, Living the Good Life Tagged With: Buddhism, Clutter, Discipline, Materialism, Mindfulness, Parables, Philosophy, Simple Living

Decluttering: Getting Rid of the Stuff Doesn’t Necessarily Mean Getting Rid of Everything

June 8, 2023 By Nagesh Belludi Leave a Comment

Marie Kondo the renowned Japanese organizing consultant and author of The Life-Changing Magic of Tidying Up (2010) presents a radical approach to decluttering. Her philosophy challenges us to reassess the value we attribute to our belongings and discard anything that fails to “spark joy.”

However critics argue that Kondo’s minimalist approach can detach us from sentimental attachments and oversimplify the decluttering process. They particularly question her suggestion of limiting books to a maximum of 30. Yet Kondo emphasizes that her approach is tailored to her own preferences and that the critical aspect of tidying is discovering our individual sense of value. In a recent interview with IndieWire Kondo explained,

The most important part of this process of tidying is to always think about what you have and the discovery of your sense of value what you value that is important. So it’s not so much what I personally think about books. The question you should be asking is what do you think about books. If the image of someone getting rid of books or having only a few books makes you angry that should tell you how passionate you are about books what’s clearly so important in your life. If that riles you up that tells you something about that. That in itself is a very important benefit of this process.

Ultimately the purpose of decluttering is not to let go of possessions that hold meaning for us. It’s about creating space for the things that genuinely bring us joy and contribute positively to our lives. If your personal library brings you happiness there’s no need to limit it.

Idea for Impact: Sort sentimentality from satirical simplification. If certain items hold sentimental value such as mementos a record collection or family heirlooms it is perfectly acceptable to keep them. The important principle is to let go of possessions that no longer serve a purpose and make space for what holds greater significance in our lives.

Wondering what to read next?

  1. Addition Through Subtraction
  2. Mottainai: The Japanese Idea That’s Bringing More Balance to Busy Lives Everywhere
  3. Marie Kondo is No Cure for Our Wasteful and Over-consuming Culture
  4. I’ll Be Happy When …
  5. The Simple Life, The Good Life // Book Summary of Greg McKeown’s ‘Essentialism’

Filed Under: Living the Good Life, Sharpening Your Skills Tagged With: Balance, Clutter, Discipline, Materialism, Simple Living

Addition Through Subtraction

June 5, 2023 By Nagesh Belludi Leave a Comment

Humans are obsessed with adding extra elements to attempt to solve our individual and collective problems. When companies want to change, for example, they almost always add something to the mix: a new department, new requirements, a new business strategy, or new ways of doing things.

Strangely, we’re drawn to complexity even if it’s far simpler to make things difficult and far more difficult to make things simpler. Sometimes it’s to signal that we’ve done something to build upon what was. According to Leidy Klotz’s Subtract: The Untapped Science of Less (2021,) “The problem is that it can be harder to show competence by subtracting. When we transform things from how they were to how we want them to be, we need proof—to show mates, competitors, and ourselves. … . No matter how beneficial an act of subtraction is, it’s not likely to leave as much evidence of what we’ve done.”

Simpler solutions are often harder to spot. Many great inventions made things simpler, not more complex. Besides, the most creative people thrive not by devising intricate complexities but by exploiting overlooked simplicities—splitting stuff up into its constituent parts to reinterpret, reduce, reconstitute, or even eliminate them altogether.

Idea for Impact: Addition through subtraction can be an exceptionally effective mental model in business as in life.

'Subtract The Untapped Science of Less' by Leidy Klotz (ISBN 1250249864) Actively pursue subtractive changes. Relentlessly look at everything in your work- and home-life to discover if there are simpler options and fewer “moving parts” to achieve the same goals. Subtract your priorities. Subtract obstacles to our goals. Subtract jargon and complexity from your presentations. Subtract barriers to a more engaged team. Subtract to eat better with more nutritious, less-processed foods. Subtract your software of unnecessary features. Subtract all clutter for faster, clearer decision-making.

When it comes to building more fulfilling life practices, addition through subtraction doesn’t always work, but it surely won’t work if you don’t even consider the possibility.

Life’s much easier when kept simple and streamlined.

Wondering what to read next?

  1. Mottainai: The Japanese Idea That’s Bringing More Balance to Busy Lives Everywhere
  2. Finding Peace in Everyday Tasks: Book Summary of ‘A Monk’s Guide to Cleaning’
  3. Lilies and Leeches
  4. I’ll Be Happy When …
  5. The Simple Life, The Good Life // Book Summary of Greg McKeown’s ‘Essentialism’

Filed Under: Living the Good Life, Mental Models Tagged With: Balance, Clutter, Discipline, Materialism, Mindfulness, Simple Living

Lilies and Leeches

November 14, 2022 By Nagesh Belludi Leave a Comment

You may have heard of the notion of lilies and leeches. The lilies are the people—and situations—that bring out the best in you. The leeches just grind you down.

Learn to say ‘no’ to relationships or situations that don’t work for you. Life’s too short to waste time on anything that can suck your happiness and energy. Avoid those emotional leeches, productivity leeches, and financial leeches.

Idea for Impact: A little-cited key to a rewarding life: choose to surround yourself with those who elevate you. With those who are caring, supportive, and nonjudgmental, and who make you feel loved, appreciated, and respected.

Wondering what to read next?

  1. I’ll Be Happy When …
  2. The Simple Life, The Good Life // Book Summary of Greg McKeown’s ‘Essentialism’
  3. Finding Peace in Everyday Tasks: Book Summary of ‘A Monk’s Guide to Cleaning’
  4. Having What You Want
  5. Addition Through Subtraction

Filed Under: Living the Good Life, Managing People Tagged With: Balance, Conflict, Discipline, Getting Along, Happiness, Materialism, Mindfulness, Parables, Relationships, Simple Living

Having What You Want

May 16, 2022 By Nagesh Belludi Leave a Comment

Wanting is different from having.

Wanting is in the future. Having is here; it’s now.

Wanting is based on what could make you happy in the next minute, next week, or next year.

When you don’t let yourself have what you already have, you’re in a trap of your own making. You’re perpetually restless and disengaged. You aren’t present—you’re pursuing a happiness that’s always somewhere else.

Idea for Impact: Don’t be so occupied wanting the next thing that you don’t allow yourself to enjoy what’s in front of you now. You’ll become more content if you look harder for something to be grateful for in the here and now.

Wondering what to read next?

  1. I’ll Be Happy When …
  2. The Simple Life, The Good Life // Book Summary of Greg McKeown’s ‘Essentialism’
  3. Lilies and Leeches
  4. The Extra Salary You Can Negotiate Ain’t Gonna Make You Happy
  5. Joy is the Happiness That Lasts

Filed Under: Living the Good Life Tagged With: Balance, Happiness, Materialism, Mindfulness, Money, Simple Living, Wisdom

Is Dave Ramsey Wrong? Pay Off Your Mortgage as Quickly as You Can?

November 29, 2021 By Nagesh Belludi Leave a Comment

Sure, personal finance guru Dave Ramsey’s advice has encouraged thousands of devoted followers to get out of debt and stop living paycheck to paycheck. Yet, depending on your circumstances, he may be dead wrong on paying off your mortgage early.

A generation ago, mortgage rates were 6–10%. With interest rates that high, paying off your mortgage was a no-brainer. Today, however, interest rates are 2.5–4%, making a different story. You could pay off your mortgage quicker if you’d like. But with the low-interest rates today, you may want to consider investing instead of paying off the low-interest debt. The average stock market return for buy-and-hold investors over the long term is about 7% annually, even after considering inflation.

In sum, Dave Ramsey’s advice just doesn’t make as much sense today with how low-interest rates are comparatively.

But some nuance is in order: Ramsey promotes financial stability. He accepts the risk of missed investment returns in exchange for the guarantee of reduced financial obligations. On balance, investing in the market while carrying a mortgage is tantamount to leveraging debt.

Idea for Impact: Ramsey measures opportunity cost as the difference between paying down your mortgage and the worst-case stock market investment scenario. So, unless you’re extraordinarily risk-averse and can’t take the risk in the market, you shouldn’t pay off your mortgage early. Invest in a low-cost index fund, and don’t let short-term movements sway your decisions.

Wondering what to read next?

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  2. Yes, Money Can Buy Happiness
  3. Here’s the #1 Lesson from Secret Millionaires
  4. Surprising Secrets of America’s Wealthy // Book Summary of ‘The Millionaire Next Door’
  5. The Simple Life, The Good Life // Book Summary of Greg McKeown’s ‘Essentialism’

Filed Under: Living the Good Life, Personal Finance Tagged With: Balance, Decision-Making, Materialism, Money, Personal Finance

Mottainai: The Japanese Idea That’s Bringing More Balance to Busy Lives Everywhere

June 7, 2021 By Nagesh Belludi Leave a Comment

You don’t have to be a Japanophile like me to be familiarized with the notion of Mottainai. Take a brief trip to Japan and observe the culture, and you’ll become acquainted with the expression that’s deeply embedded in the way of life there. Depending on the context, you’ll hear mottainai as either the admonition “don’t waste” or the assertion “too precious to waste,” when, say, you spill rice.

In recent times, conservationists such as Nobel Peace Laureate Wangari Maathai have applied that phrase to inspire humankind to reduce, repurpose, reuse, and recycle. “If we are wise like nature, we would practise the mottainai spirit. The earth practises mottainai. It reuses and recycles. We even get recycled when we die. We go back into the soil,” Maathai has said.

What the Japanese Can Teach Us About Cleanliness

Over in Japan, tidying up is a bee on the bonnet. Cleanliness is a moral virtue, and cleaning is an act of spiritual practice—indeed, a means to purify the soul. In Shinto, good spirits can dwell in clean environments, and you’ll frequently observe Japanese people cleaning their homes and offices.

Ever since the post-war reconstruction, the Japanese have also encouraged upkeep and conservation. They tend to make the most of limited resources and avoid wastefulness. Their culture dissuades the idea of trashing things.

Moreover, the concept of animism in Shinto encourages reverence for objects—from teapots to katana. There’s even an old Japanese parable about a spirit ghost named “Mottainai Obake” who haunts children who treat things wastefully.

Inner Peace Starts with the Cleanness of Our Inner and Outer World.

Knackered for the physical space, the Japanese are devoted to efficient household goods and gift-giving (albeit with lavish gift-wrapping.) Their zeal for getting organized has led to a cottage industry of clutter counselors and storage experts who’re celebrated in television shows and consumer magazines as out-and-out innovators.

In this cultural context, Nagisa Tatsumi’s 2003 book Suteru Gijyutsu (“The Art of Throwing Away”) caused a national sensation with its bold proposal. Tatsumi challenged the Japanese to rethink their attitude to possessing things and to have the courage and conviction to get rid of all the stuff they really don’t need.

Tatsumi goaded people to let go of the things that are tying them down:

Possessing things is not good in itself. We have to consider whether they’re necessary, whether they’re used. And if something’s unnecessary, we should get rid of it. This is the essence of the Art of Discarding. Once you appreciate that you don’t have to keep what’s unnecessary, you’ll be better able to use what is necessary with proper care.

Tatsumi’s book sold 1 million copies in six months and quickly got translated into Korean and Chinese. Indeed, it was the book that inspired Marie Kondo, the reigning queen of decluttering.

Tatsumi’s Book Inspired the Current Obsession with Decluttering

In Suteru Gijyutsu, Tatsumi cheerfully explores the many psychological snags that make people reluctant to discard things.

Take the “keep it for now” syndrome, such as with the advertising leaflets that used to be inserted in the weekend newspaper. Tatsumi advises, “You think, ‘There may be something on sale that I might find useful. But I am too busy to go through them now. So I am going to keep them for now and look at them later.'” That mindset merely contributes to the piles of garbage.

Recommendation: Skim Suteru Gijyutsu, written in 2003. It was translated as The Art of Throwing Away only in 2017, a year before Tatsumi’s death.

Tatsumi’s message is simple yet profound. She guardedly reminds readers of the stark reality that everything is a waste. No matter what you buy, no matter how much you use it, no matter how much you love it, no matter if you keep it or recycle it or donate it … it’s still waste. It will still end up in a landfill someday. By learning to discard, you will reclaim space, free yourself from “accumulation syndrome,” and pave the way to rediscovering joy and purpose in a less-cluttered life.

Idea for Impact: Take back control, gain space, free yourself from “accumulation syndrome,” and find new joy and purpose in your less-cluttered life Take Tatsumi’s motto to heart: “If you have it, use it. If you don’t use it, don’t have it.”

Wondering what to read next?

  1. Marie Kondo is No Cure for Our Wasteful and Over-consuming Culture
  2. The Simple Life, The Good Life // Book Summary of Greg McKeown’s ‘Essentialism’
  3. Finding Peace in Everyday Tasks: Book Summary of ‘A Monk’s Guide to Cleaning’
  4. I’ll Be Happy When …
  5. Addition Through Subtraction

Filed Under: Living the Good Life, Sharpening Your Skills Tagged With: Clutter, Discipline, Japan, Materialism, Mindfulness, Perfectionism, Philosophy, Simple Living

Marie Kondo is No Cure for Our Wasteful and Over-consuming Culture

February 11, 2021 By Nagesh Belludi Leave a Comment

I recently watched Tidying Up with Marie Kondo (2019,) the popular Netflix series featuring the Japanese decluttering evangelist. The show is based on her bestselling manual, The Life-Changing Magic of Tidying Up (2011.)

In each episode, Kondo cheerfully proclaims, “I love mess!” With certain calm, she calls on various families and goes about clearing their tat-filled homes and bringing order to their chaos. Her trademark sense of minimalistic bliss is informed by Japanese aesthetic and a Zen-sense of orderliness.

Apparently, Marie Kondo isn’t attuned with Christianity.

Interestingly, Kondo has clients kneel on the floor and “ask” their dwelling for “permission” and “cooperation” before they get started. “I’d love for you to picture your vision for your home,” she pleads. “Communicate that to your home.” She encourages saying “thank you” to their piles of clothes as they sort and fold them. She daintily treats inanimate objects as living things and speaks to them. She encourages her show’s audiences to do the same.

That’s Buddhism/Shinto in force. Some flavors of native Japanese spirituality focus on inanimate objects’ sacredness. Several of Kondo’s critics in America have insisted that her methods aren’t compatible with Christianity. Kondo’s rituals of treating objects as if they have feelings, these critics have declared, is to be discouraged because her ways invoke animism, the religious notion that objects possess some sort of spiritual essence.

“Kondo-ing” Has Become a Verb.

'The Life-Changing Magic of Tidying Up' by Marie Kondo (ISBN 1607747308) With a translator in tow, Marie Kondo never treats her patrons as victims, and that’s exceptionally impressive.

By eschewing a victim mentality, Kondo encourages and empowers people in a way that actually brings about lasting change. Audiences particularly love her advice on organizing wardrobes and storage spaces and routinizing tasks into maintainable systems.

Kondo emphasizes prioritizing joy. She doggedly insists upon keeping only those objects that “spark joy” (she uses the Japanese intransitive verb “tokimeku,” roughly, “to flicker.”) Her “if in doubt, throw it out” commandment has helped millions of people ward off hoarding tendencies.

Kondo has become a cultural sensation, appealing to all sorts of homes bursting with cheap consumer goods. The “Marie Kondo Effect” is directly responsible for increasing donations to thrift stores and charity shops worldwide.

Keep what sparks joy. Own less stuff. Pursue what’s meaningful.

If you’d like to downsize or declutter without letting go of things you love, take the KonMari method to heart. But don’t go too far. Be careful about shedding items to which you have a deep sentimental connection. Put it into operation earnestly to get rid of clutter. Find joy, significance, and sacrament in simple everyday objects and tasks. Simplifying your priorities and refocus on things that you tend to overlook in the busyness of life.

  • Only Consume What You Need. Supplement the Konmari method of paring down your belongings with the ongoing strategy for minimizing additional purchases. Buy only those things that will “spark joy” and continue to do so for many years. Never mind that the economy depends upon endless undifferentiated consumption.
  • Reduce, but Don’t Refresh. If you have a bunch of empty space, be selective in how you fill it up. Cutting down your possessions isn’t an invitation to revert to a situation where decluttering again becomes necessary after a while. Restrain that impulse to acquire the new and the shiny—that’s what overwhelmed Kondo’s clients in the first place.

The real magic of Tidying Up with Marie Kondo is in shedding anxiety, living in the moment, and being your best self. Your happiest moments come when you’re lost to a conversation or an experience. You’ll avoid the helter-skelter of life has the power to deny and neglect what’s most important in your life.

Will the Marie Kondo Effect alleviate haywire consumerism?

The more profound significance of decluttering and minimalism is to help make better choices when making purchases in the future.

And beyond the individual convenience, it would be more productive to build up collective awareness and confront the modern consumption economy. It only presents overwhelming incentives to mass-produce and overconsume superficially appealing items.

Collectively, humanity needs to start questioning whether we should be pursuing growth at all. The economic system we have now can’t sustain forever. Our ecological systems can only sustain so much life. We’ve grown so much as a population, and we’ve started consuming so much that we’re straining the earth’s ability to support us. Hyperconsumerism needs to stop.

Idea for Impact: Negligent hyper-consumerism is shameful and embarrassing, even to this “card-carrying” capitalist.

Ironically, after making us get rid of everything, Marie Kondo has started peddling such things as therapeutic tuning fork and crystal ($75,) compost bin ($175,) and food storage container ($60) that are guaranteed to “spark joy.”

At any rate, I hope Marie Kondo and her ilk inspire a collective self-loathing at how much we consume. Utility should be the principal criterion for what we buy and keep.

I urge you to make strides towards more mindful consumption and consciously differentiate wants and needs.

Buy what you need. Buy the best quality stuff you can afford, and keep them for longer. Choose things that can be easily repaired—if possible, repurposed and recycled. Encourage businesses that peddle goods that are manufactured as responsibly and mindfully as possible.

Wondering what to read next?

  1. Mottainai: The Japanese Idea That’s Bringing More Balance to Busy Lives Everywhere
  2. The Simple Life, The Good Life // Book Summary of Greg McKeown’s ‘Essentialism’
  3. I’ll Be Happy When …
  4. Finding Peace in Everyday Tasks: Book Summary of ‘A Monk’s Guide to Cleaning’
  5. How to … Make a Dreaded Chore More Fun

Filed Under: Living the Good Life, Sharpening Your Skills Tagged With: Clutter, Discipline, Japan, Materialism, Mindfulness, Money, Philosophy, Productivity, Simple Living, Time Management

Here’s the #1 Lesson from Secret Millionaires

January 11, 2021 By Nagesh Belludi Leave a Comment

Ronald Read (1921–2014) of Brattleboro, Vermont, worked as a gas station assistant and a custodian at a J. C. Penney store. He was a thrifty man, and he even held his coat together using safety pins. Upon his death, he left $2 million to his stepchildren, caregivers, and friends, and another $6 million to the local library and a hospital. Read had built up a secret wealth by starting small, studying businesses that he understood, buying their stock, and holding them for the rest of his life.

Grace Groner (1909–2010) of Lake Forest, Illinois, lived a frugal life in a small one-bedroom cottage near Chicago. She got her clothes at hand-me-down sales, didn’t own a car, and worked most of her life as a clerk for Abbott Laboratories. Groner willed a $7 million scholarship endowment at Lake Forest College. The money came from three Abbott shares she had purchased in 1935 and let grow, reinvesting the dividends.

Agnes Plumb (1905–95) of Los Angeles left a $98 million estate to four hospitals. Plumb had amassed that fortune after liking cornflakes when they were first marketed and having her dad buy her Kellogg’s shares during the company’s early days. She allowed her investment to compound, and by the time she died, she had accumulated 1.3 million shares of the Kellogg Company. She was collecting some $437,000 just in dividends every three months.

Jack MacDonald (1915–2013) was a coupon-clipping, bargain-hunting Seattle lawyer. He even wore sweaters with holes in them, and people assumed that he was broke. When he died at age 98, he left a surprising fortune worth $187 million to various causes, including Seattle Children’s Hospital.

Kathleen and Robert Magowan (1925–2011, 1925–2010) of Simsbury, Connecticut, died within a year of each other. These twins lived as hermits throughout their lives and built up a fortune through wise stock market investments. They left $10 million worth to various civic institutions.

Curt Degerman (1948–2008) was a can-collecting street bum living in Skelleftea in northern Sweden. For three decades, “Burk-Curt” (‘Tin-Can Curt,’) as he was called, roamed the streets of his town in tattered clothes. In between collecting cans, Degerman spent much time in the town library studying business media and examining the stock market. He used his tin-can incomes to buy mutual funds and gold. When he died, he left more than $1.4 million to his cousin.

Time in the Market is a Great Compounder.

There’s one thing not apparent in these live-modestly-and-invest-prudently anecdotes. The fortunes of these seemingly ordinary, generous folks became so big due in no small part to their age.

With time, money has the chance for a heck of a lot of compounding. Money grows 10.83 times every 25 years if you consider a 10% historical mean return on equities. To take a prominent example, Warren Buffett, who’s now 90 years old, has made 99.7% of his fortune after 52.

Idea for Impact: Time in the stock market is infinitely more important than timing the market. Start investing early. Watch over your health. Live a long life. Grow your money. A long time horizon will enable your investments to grow through the “magic” of compounding.

Wondering what to read next?

  1. The Extra Salary You Can Negotiate Ain’t Gonna Make You Happy
  2. Yes, Money Can Buy Happiness
  3. Never Enough
  4. Surprising Secrets of America’s Wealthy // Book Summary of ‘The Millionaire Next Door’
  5. Wealth and Status Are False Gods

Filed Under: Living the Good Life, Personal Finance Tagged With: Getting Rich, Materialism, Money, Personal Finance, Simple Living

The Extra Salary You Can Negotiate Ain’t Gonna Make You Happy

October 13, 2020 By Nagesh Belludi Leave a Comment

This well-cited study shows that people with high incomes aren’t actually that much happier than their less-earning brethren. This is something many people know empirically. Never mind that subjective happiness is a nebulous condition that’s not easy to measure.

The belief that high income is associated with good mood is widespread but mostly illusory … People with above-average income are relatively satisfied with their lives but are barely happier than others in moment-to-moment experience, tend to be more tense, and do not spend more time in particularly enjoyable activities.

Of course, there’re situations wherein more money can make a real difference in your well-being: nirvana from living paycheck-to-paycheck, freedom from debt, and adequate savings for retirement. Yes, being poor makes people miserable.

But, beyond a reasonably upper-middle-class living (better health care, lavish-enough vacations and celebrations, affording one partner who could stay at home, the ability to buy conveniences, and so on,) additional income doesn’t create enough incremental happiness to justify all the compromises the extra income entails.

Even people who had big wins in the lottery winded up no happier than those who had bought lottery tickets but didn’t win. Sure, these people will be more content with their new toys for a short time, but that delight typically fades away quickly. After that, they’ll seek out yet another indulgence. Soon, that’ll wear off too, at which point they’re already on the hedonic treadmill.

Idea for Impact: Be mindful of what you’re trading away in the pursuit of a higher salary. Wealth and status are false gods.

Wondering what to read next?

  1. Yes, Money Can Buy Happiness
  2. Here’s the #1 Lesson from Secret Millionaires
  3. Wealth and Status Are False Gods
  4. The Easier Way to Build Wealth
  5. You are Rich If You Think You Have Enough

Filed Under: Living the Good Life, Personal Finance Tagged With: Balance, Career Planning, Getting Rich, Materialism, Money, Personal Finance, Simple Living

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About: Nagesh Belludi [hire] is a St. Petersburg, Florida-based freethinker, investor, and leadership coach. He specializes in helping executives and companies ensure that the overall quality of their decision-making benefits isn’t compromised by a lack of a big-picture understanding.

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