A Simpler Way of Life (V).
By Bradford Smith.
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|B)- Start to measure your spending against how much fulfillment and satisfaction you're receiving. If you think of money as something that you exchange your life energy for you're spending naturally becomes more conscious.
C)- Determine how much money you're exchanging your life energy for in your job or career. Again, most people don't realize or take into account how much it cost them to work, so they often have an inflated view of how much money they make.
To figure this out, take your base amount of pay and subtract all the expenditures that are directly related to work. In other words, if you weren't working would you be eating your lunches out each day, how about the cost of that 30 minute commute (also factor in the commute time as hours worked), and how much do you spend on business attire?
Factor all of this in to determine how much you're really taking home. Often times people realize from this exercise that instead of making $20/hr at work, their actual income is only $8-10.
Suddenly, the $5 Cappuccino is costing them 30 minutes of their life energy. It can be a revealing experience going through this process.
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