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educationSep 27, 20241:16pending

Wealth = Have ÷ Want

Derek Sivers

About this episode

Not a new idea, but just another visualization and reminder.

Wealth, feeling like you have plenty, is an equation.

Wealth = Have ÷ Want

If you have nothing, then focus on having some.

Once you have some, the easiest way to increase your wealth is to decrease your needs.

Have 10 but want 100? You are poor.

Have 10 but only want 5? You are wealthy.

Have 10 but are happy with 1? You are very wealthy.

Making money depends on other people, so it’s harder. It’s not entirely under your control. It’s an outer game.

Reducing what you “need” to be happy is easier. It’s entirely under your control. It’s an inner game.

I used to look for ways to make money, but I haven’t done that in years. Now I keep looking for ways to want less.

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Wealth = Have ÷ Want

Derek Sivers

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