Passion, Pleasure & Everything Inbetween

Follow your passion.

Turn your hobby into your job.

Be a YouTuber or influencer and you’ll be rich and famous.

These are the things we hear all the time on the news or social media.

Are these true?
Are these a good idea?
Are these the way to a happy and fulling life?

Let's talk about on this episode.

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More On Following Your Passion

Ideal Lifestyle Costing

IT’S LESS THAN YOU THINK

Somewhere between college graduation and your second job, a chorus enters your internal dialogue: be realistic and stop pretending. Life isn’t like the movies.

If you’re five years old and say you want to be an astronaut, your parents tell you that you can be anything you want to be. It’s harmless, like telling a child that Santa Claus exists. If you pass 25 and announce you want to float in space or sail around the world, the response is different: be realistic, become a lawyer or an accountant or a doctor, have babies, and raise them to repeat the cycle. Put all of your disposable income in a 401(k) and do your best to enjoy your “too-weak” vacation.

Lifestyle Design offers more interesting options and reverses this repression.

Here are just two personal examples of what’s possible once we reset the rules:

$250 USD: Five days on a private Smithsonian tropical research island with three local fishermen who caught and cooked all my food and also took me on tours of the best hidden dive spots in Panamá.

$150 USD: Chartered a plane in Mendoza wine country in Argentina and flew over the most beautiful vineyards and snow-capped Andes with a private pilot and personal guide.

Question: What did you spend your last $400 on? It’s two or three weekends of nonsense and throwaway forget-the-work-week behavior in most US cities. But eight days isn’t what I’m recommending at all. Those were just interludes in a much larger production. I’m proposing much, much more. How about a four weeks of luxury living—and I mean penthouse apartments, five-star restaurants, and VIP treatment—in Buenos Aires or Berlin for less than $1,200 each, including airfare and stop-over trips in other countries?

Or forget about traveling. A brand-new black Lamborghini Gallardo Spyder, fresh off the showroom floor at $260,000, can be had for $2,897.80 per month. I found my personal favorite, an Aston Martin DB9 with 1,000 miles on it, through eBay for $136,000—$2,003.10 per month.

The rules of reality can be bent. It just requires thinking in different terms.

TMI—TARGET MONTHLY INCOME—AND DREAMLINES

This is a sample of the article, continue reading @ tim.blog

Monthly Expense Calculator

Before we add all of the ingredients that create your ideal lifestyle, it is important to calculate your baseline and subtract clutter that consumes income and attention. Use the below calculator twice:

  1. Where am I now? Input all of your current monthly expenses. If something doesn't fit in the below categories, add it into the "miscellaneous" total. This is a good snapshot of your outgoing cash-flow.
  2. Where should I be? Subtract all non-essentials that are no longer used or used infrequently. Eliminate all things that consume income or attention without enriching your life (subscriptions to magazines you don't read, memberships to services you don't use, seldom-driven but often-serviced cars, etc.). This new end total, multiplied by 1.3 to provide a 30% buffer, is the clean slate that we take to the next step—adding in all the elements and luxuries that define your ideal lifestyle.

This is a sample from the calculator, continue reading @ tim.blog

 

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