Living a simple life

Mar 06, 2024#career

Living a simple life can mean different things to different people, but at its core, it involves focusing on the things that truly matter and letting go of the unnecessary distractions that can weigh us down.

Keep your overheads low, regardless of your income.

One of the benefits of living a simple life is that it can allow us to take more risks, whether that means pursuing a new career path, starting a business, or embarking on an adventure.

Keeping your life simple has benefits other than allowing you to take risk.

  • Avoid the wrong spouse. Attracting someone who shares your values and interests, rather than someone who is drawn to your material possessions or status.
  • Avoid being stupid. The high life brings temptations to go to the dark side. Why test your resolve? You have enough on your plate making your business a success. Rather avoid temptation. A simple life keeps you away from doing bad stuff.
  • Extend your runway. If you keep your personal overheads low, then your runway gets longer and you can plug away at your start-up for longer. High overheads equals shorter runway.
  • Maximise profit. The habit of frugality in your private life will port into your start-up. The easiest way to make a profit is to keep your costs down.
  • Keep humble. No one likes arrogant people. If you’re flashy you’ll be perceived as arrogant. That’s all fine and well when times are good, but when you have a setback people will criticize and enjoy seeing you fail.
  • Think clearly. How can you think when you’re constantly surrounded by your courtiers and cars and houses and stuff? The less distractions you have in your life, the more you can focus your mental energy on your business.

The only meaningful thing is whether you left a positive impact on the world during your short time alive. Living a simple life doesn’t mean living a common life. You can still be extraordinary. You can still be rich, and have the peace of mind that comes with financial freedom. Keep it simple even when you don’t have to.

Living a simple life can be a rewarding and fulfilling way to live. It can help you discover your true self and live authentically.