Everything you do in life, is an investment

I want to be wealthy.

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I want to be super filthy, Scrooge McDuck, swimming in money rich.

Only, it’s not money that I want.

Money alone clearly doesn’t add value to a person’s life. Don’t believe me? Google: “lottery winners lives ruined”, enough said. And if that seems like a cop out to you, just look around for stories of the complicated lives of billionaires. Sure money can help. Private jets are awesome (at least skipping TSA and baggage claim sounds nice). But wealth is not the happiness and great life in a jar it can be objectified as.

No. I want to be rich in what I’ll call “life assets”.

The life assets I want are: skills, stories, friends, family, memories, great meals, and health. You get the idea. I also believe that when you’re rich in those things, you will be successful in life. After all, happiness is probably the greatest measure of success in my book. If you are gaining all those things in your life, you’re bound to be happy.

Attributes in life as assets

So then, entertain this concept; if you can be rich with life assets, then can’t we say there is some unit of measure for those things? Perhaps no unit we’ll all agree on like we agree on the unit of $1, but at least, the idea that one can have many friends, or very few. If I speak three languages and you only speak two, would you then agree that I have a greater wealth in language than you? Or perhaps, you, on average, spend several hours a week with various friends, while I barely have time to see one. Maybe in that case I am lacking in friendship wealth, at least time with friends, compared to you.

Your life assets as investments

If that all still makes sense, I now propose one more concept to branch off the last. If you can have a surplus of these life assets, can’t you also invest in them? That’s easy to agree on, right? You can learn to cook a new meal, make a new friend at work. Get married! These are all investments in your life assets. Hell! They are investments in your life! And if you keep track of them, and watch them grow. Continue to feed them, just like a monetary asset, they will get greater and greater and pay dividends.

Investing in life assets as a way of life

I want to propose that we use this concept of investing in life assets, as a way of making good decisions. When trying to decide what to do with your time, be it work, sleep, exercise, eating, catch up with friends, consider each of them as assets. Think about which ones are lacking in the distribution of time you can give them that will in turn keep them healthy and make them grow. I think this method will make it easy to choose what is better, to go for a walk or call a relative, instead of say… watching TV 😉

Final thought: strong life assets tend to also mean longer life

You’ve probably heard of centenarians; people who live past 100 years old. National Geographic did a great profile of the three poster child communities. In Sardinia, Okinawa, and Loma Linda, California. If you look at the attributes of the people from those groups, they all share some commonalities; community and or close family. Daily exercise. Great diets (read: not dieting –they simply eat healthy food regularly, rather than as a way to lose weight). And they all have a sense of purpose (described as having a life worth living). These people all invest in their life assets daily, they maintain low levels of stress. They use their bodies and minds, and they have great nutrition. And that keeps their organs healthy and functioning.

From a different perspective, but not a different side of the coin. When a palliative nurse heard the thoughts of people on their death beds, their thoughts were eerily connected to this subject. They wished they’d focused more on being happy, worked less, spent more time with friends, and had more courage.

So, even if you aren’t the Warren Buffet among your peers. You probably have many valuable assets, that can make and give you happiness. That can give you more time with the people you love. Invest in those assets, they are probably a lot less volatile than the financial markets.

Get More Time, Save Money, Eat at Home

I travel a lot, and frequently I’m traveling somewhere that there are friends to see. Inevitably the question of where to meet and what to do with said friends comes up. There are many layers of complexity to that decision, how close are we? When did we meet last? How much time do we all have to spend together? But generally, since I love all my friends, and never have enough time with them I opt for the most time possible.

In the past, meeting at a restaurant was always the go to – in our late 20’s and now early 30’s it’s been fun to choose some fancy restaurant and show off what adults we’d all become (assuming these are friends I’ve known for a while). Picking a great new place to eat was a way of showing how much style and taste we’d developed, or that we don’t have to eat pizza anymore 😛

Lately though, something’s have changed. I realized, there is so little time to see these friends, that while a swanky restaurant is a nice choice, it actually limits our ability to catch up; restaurants are often loud, and at least in the USA, once people have finished eating the check comes, and unless everyone planned to go somewhere else afterwards, that means the catch up time is coming to an end. In a typical US restaurant, that could be anywhere from 45 to 90 minutes of time together. I point out US restaurants because in Europe and other places outside the US there isn’t a rush from the waiter to leave your table so other people can sit down. Once you’re done eating you can sit and talk as long as you want regardless of what you plan to eat or drink.

The other change lately has been my budget. Since I haven’t worked in 6 months, I frequently encourage friends to find lower cost options, and typically the best available in that category is a home cooked meal. Home cooked meals are great because you can to show off your skills and adultness in a whole new way with your cooking abilities and choice of cuisine. Also unless you go all out on chic ingredients, the price can be much more modest compared to a full restaurant bill, especially if you plan to drink some wine.

Additionally, at home we have all the time in the world to catch up. No one is rushing us to leave the table, conversations can run late into the night. You can even offer a place to sleep in your home if guests don’t feel like driving home is a good idea.

You’ve probably dabbled in the art of cooking dinners with friends, so you already know what I mean. But perhaps you didn’t see it quite that way, or didn’t realize the benefit of not having to leave when the meal is over. For me the extra time is the best part of all. Life is short, I can count the past 5 encounters I’ve had will all my friends in the last 10 years, that’s scary. I fear there may only be 10 – 20 more since as life goes on we get more and more tied up, we make more and more friends, and our flexibility to meet up goes from once or twice a year to once or twice every two or three years. Make the time count, give yourselves an extra hour or two and you’ve literally doubled the amount of time you get to have in each others lives!