1766: What Would You Do If You Had All The Money In The World by Margo Aaron of That Seems Important

Optimal Living Daily - Personal Development and Self-Improvement

Optimal Living Daily LLC

Education, Mental Health, Self-improvement, Health & Fitness

4.6 • 3.2K Ratings

🗓️ 11 October 2020

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Margo Aaron of That Seems Important asks us what we'd do if we had all the money in the world. Episode 1766: What Would You Do If You Had All The Money In The World by Margo Aaron of That Seems Important Margo Aaron is a proud graduate of Emory University, Columbia University and altMBA where she won the prestigious Walker Award. In 2017 she founded The Arena, the first virtual coworking space for solopreneurs. She's a regular contributor to Inc and lives in Jersey City as a Daywalker. The original posts are located here: https://www.thatseemsimportant.com/psychology/what-would-you-do-if-you-had-all-the-money-in-the-world/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalLivingDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Living Daily Episode 1766. What would you do if you had all the money in the world?
0:06.4	By Margot Aaron of that seems important.com. An immunariator, justamolic, reading you blogs every
0:11.7	single day of the year to help you live a more meaningful life. I cover personal development or
0:16.1	self-help, minimalism, productivity, and more. Our other five shows cover finance, health,
0:22.5	relationships, entrepreneurship, and questions and answers from a life coach so you can check those
0:27.2	out to search for Optimal Living Daily wherever you're hearing this to find all of our shows.
0:32.5	But for now let's get right to the post as we optimize your life.
0:40.0	What would you do if you had all the money in the world? By Margot Aaron of that seems important.com.
0:47.2	There's a question they ask in self-help groups that drives me crazy. The question is,
0:52.0	what would you do with your time if you had $10 million in cash? The first problem with this
0:57.4	question is it assumes the people who struggle with what they're doing in their lives don't have
1:02.0	$10 million in cash, which is wrong. The second problem is it assumes that $10 million is
1:07.6	enough to free you of your financial burdens, which is also wrong. Because financial burdens after
1:13.4	a certain point are psychological burdens and there is no amount of money that can rid you of
1:18.6	psychological burdens, you have to actually do the work. The third problem is, is this $10 million
1:25.2	pre or post tax? And lastly, this question sucks because the answer is not helpful.
1:31.6	Assuming you can get your mind to a place where you can entertain not having a financial burden,
1:36.2	then the question triggers the paradox of choice problem, which is basically that we collapse under
1:40.9	the weight of limitless possibility. The too long didn't read version, more is not better when it comes
1:47.8	to decision making, read paradox of choice by Barry Schwartz. The question is supposed to help you
1:54.5	identify your true desire, like if I had all the money in the world, I'd paint every day.
2:00.2	So it uncovers your not-so-secret desire to paint, and then you can reverse engineer your life to
	...

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