In The Four-Hour Work Week by Tim Ferriss and How to be a Capitalist Without Any Capital by Nathan Latka, they both talk about what it means to be part of the New Rich.
It’s not so much about having billions of dollars. It’s more about being able to do the things you want to, experiencing the things you want to, owning your time. All while seeing your bank balance grow.
I’ve been told that many of the tactics in those books are not applicable if you’re a resident in a Southeast Asian country. (Some of the tactics actually do talk about outsourcing labour to Asians, which is cheaper because of the currency advantage.)
But I’ve learned a lot from these books. It’s not about blindly following tactics. In order to be a member of the New Rich, it’s the endgame that we need to focus on.
How do we make more money, while spending less time on things that we think of as work?
How do we make more money, while doing the things that we enjoy?
How do we make our money work for us? How do we make it work even more efficiently? How do we use that money to get the most value out of life?