2248: Stop Measuring Your Purchases in Dollars by Charlie Brown

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 24 March 2023

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Charlie Brown of Simple and Straightforward tells you to stop measuring your purchases in dollars Episode 2248: Stop Measuring Your Purchases in Dollars by Charlie Brown Simple and Straightforward questions everything we think of as normal. This publication may have its roots in minimalism and simple living, but it goes so much beyond decluttering and living with less. It's about deciphering the complexities of modern life one article at a time. It covers: Culture and society, especially their influence on our lives Travel, specifically how travel can shape our perception of what is "normal" Digital life, questioning our all-encompassing relationship with the online world Food with a focus on recipes designed around reducing food waste Highly curated recommendations for the best intentional living content on the internet The original post is located here: https://themakingofamillionaire.com/stop-measuring-your-purchases-in-dollars-6523660e4527 Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, Episode 2248.
0:04.7	Stop measuring your purchases in dollars, measure them in hours of your life instead,
0:09.7	and watch everything change by Charlie Brown of Simple and Straight Forward.substac.com.
0:17.1	And I'm your host and personal finance enthusiast, Diana Mariam.
0:21.0	I'm here reading to you every single day of the week, including weekends and holidays.
0:25.9	We're going to jump right into today's post as we optimize your life.
0:34.3	Stop measuring your purchases in dollars, measure them in hours of your life instead,
0:39.5	and watch everything change by Charlie Brown of Simple and Straight Forward.substac.com.
0:47.6	Time is money, is back to front. Money is, in fact, time.
0:53.4	Spend enough of your waking hours on this platform, and you'll see this phrase dotted about.
0:58.6	That money isn't life's finite resource. Time is.
1:02.2	That you should consider how many hours it takes to make the money to buy the thing,
1:06.6	because your time is worth something. It's a mindset I'm fully committed to.
1:12.3	But whenever one around you still measures their purchases and money, not time,
1:17.0	it doesn't make for an easy mindset shift. I still struggle with it all.
1:22.0	So let's ride this time money merry-go-round together, shall we?
1:26.6	What measuring your purchases in hours of your life actually looks like.
1:31.7	There are a few ways to do this, but by far the easiest way is to figure out your hourly wage,
1:37.5	then use that as a unit of measurement for all future purchases.
1:42.1	Earn $20 an hour after tax and spend $20 on a takeout pizza. That pizza costs you an hour of your life.
1:50.0	Spend 1,500 a month on rent or mortgage and bills.
1:53.7	That's 75 hours, or nearly two weeks of an average 40-hour work week.
	...

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