PathcannaSpecter
New Member
I loved Th e Wealth Ladder. It is a top 5 finance book for me.
The author uses a 10x log scale for net worth.
Level 1: $0–10k.
Level 2: $10–100k.
Level 3: $100k–$1m.
It continues upward.
One line stuck with me. What got you here won’t get you there.
I am on the lower end of Level 4. My old habits helped. Hustling. Saving. Being frugal. They won't help much now. Compounding matters more now. Time and returns matter more than extra income.
My focus has shifted. I prioritize health. Fitness. Time with family and friends. Good food. Reading. Meditation. Learning. I work and save less.
This book reassured me. This change is right for my level. It invests in my mind. That helps long-term financial choices. It also lets my portfolio grow. It might be confirmation bias. I enjoy these things more than working.
I must avoid overspending. I follow the 4% rule. Constant hustling risks burnout. Burnout could hurt my wealth. I would lose time and energy. I could use that time to enjoy life.
Most billionaires want more health.
The book discusses enough. At higher levels, money can harm wellbeing. Financial freedom is key. Chasing more may reduce happiness. Aim for Level 3 or 4 fast. Then focus on other wealth. Health. Family. Spirituality.
What do you think?
Do you agree health and quality of life are better investments than hustle?
Has anyone else read The Wealth Ladder?
I highly recommend this book.
The author uses a 10x log scale for net worth.
Level 1: $0–10k.
Level 2: $10–100k.
Level 3: $100k–$1m.
It continues upward.
One line stuck with me. What got you here won’t get you there.
I am on the lower end of Level 4. My old habits helped. Hustling. Saving. Being frugal. They won't help much now. Compounding matters more now. Time and returns matter more than extra income.
My focus has shifted. I prioritize health. Fitness. Time with family and friends. Good food. Reading. Meditation. Learning. I work and save less.
This book reassured me. This change is right for my level. It invests in my mind. That helps long-term financial choices. It also lets my portfolio grow. It might be confirmation bias. I enjoy these things more than working.
I must avoid overspending. I follow the 4% rule. Constant hustling risks burnout. Burnout could hurt my wealth. I would lose time and energy. I could use that time to enjoy life.
Most billionaires want more health.
The book discusses enough. At higher levels, money can harm wellbeing. Financial freedom is key. Chasing more may reduce happiness. Aim for Level 3 or 4 fast. Then focus on other wealth. Health. Family. Spirituality.
What do you think?
Do you agree health and quality of life are better investments than hustle?
Has anyone else read The Wealth Ladder?
I highly recommend this book.