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The Least Popular Financial Topic – Finger Financial Five #163

“Envy is inversely correlated with self-examination. The less you know yourself, the more you look to others to get an idea of your worth. But the more you delve into who you are, the less you seek from others, and the dissolution of envy begins.” Lawrence Yeo

“Know thyself.” – Immanuel Kant

The following sentence is where I will lose 90% of the readers…

An unavoidable part of being financially independent is spending less than you make. The secret to spending less is wanting less.

How do you want less?

  • Self-reflection
  • Self-examination
  • Understanding your own values
  • Read philosophy
  • Have the difficult conversations
  • Let go of resentment
  • Laugh

The more you know your own value, the less someone else can take it away. You become less affected by outside influence. 

The irony is when you start living this way, you get more. Why?

When you are less stressed, you are more calm. From the calmness, there is more clarity. When you have more clarity, you can make better decisions.

If this sounds spiritual, it is because it is…

Are you still reading?

Congratulations! 

Your reward is precisely proportional to what you put into it. 

On the lighter side, I started an improv class a few weeks ago. It teaches a lot about letting go, having fun, and laughing. It really is a group of adults being kids. 

I hope all is well with you and your family,

Jeremy,

Finger Financial Five – 5 points in 5 minutes or less – is intended to provide you with a weekly shot of useful financial information.  My intention is to share principles so that you will have more clarity, more peace, and make better financial decisions. 

Investment advice offered through Stratos Wealth Advisors, LLC, a registered investment advisor. Stratos Wealth Advisors, LLC and Riverbend Wealth Management are separate entities. This content is developed from sources believed to be providing accurate information and provided by Riverbend Wealth Management. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Stratos Wealth Partners and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

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