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🏛️ 7 Stoic Money Lessons That Will Change How You See Wealth! 🤯
327 Plays2 hours ago
🔑 Discover How to Apply Stoic Teachings to Your Finances From practicing temporary poverty to preparing for misfortune, these lessons aren't just about saving money—they're about cultivating a life of virtue and contentment.
Watch and Subscribe on YouTube
In This Episode, We Discuss:
1️⃣ Money is Indifferent: Why your character matters more than your wealth.
2️⃣ Live Simply: How eliminating unnecessary desires creates a richer life.
3️⃣ Count Your Blessings: Gratitude as a tool for financial clarity.
4️⃣ Practice Temporary Poverty: Build resilience by embracing discomfort.
5️⃣ Prepare for Misfortune: The power of negative visualization in money management.
6️⃣ Choose a Sage: Mentorship and role models for wise financial decisions.
7️⃣ Invest in Yourself: Why personal growth is the best investment you can make.
Key Stoic Quotes from the Episode:
🧘 "True wealth is found in character, not currency." – Jonas Salzgeber
⚖️ "Focus on what’s within your control and accept the rest." – Core Stoic Teaching
💡 "Live simply to live well." – Ancient Stoic Philosophy
🌱 "Gratitude turns what we have into enough." – Jonas Salzgeber
🛡️ "Prepare for challenges in times of peace." – Jonas Salzgeber
🔗 Jonas Salzgeber’s Links:
📘 The Little Book of Stoicism: Timeless Wisdom to Gain Resilience, Confidence, and Calmness
🧘♂️ Mastering Flow: Perform Better, Experience More Joy, and Live a Happier Life
🔗 David’s Links:
✍️ Stoicism: The Philosophy of Financial Independence
🍏 Forget About Money on Apple Podcasts
🎧 Forget About Money on Spotify
#gratitude #personalfinance #moneylessons #stoicism
🎧 Listen & Subscribe:
Join us for more episodes exploring Stoic philosophy, financial independence, and cultivating a mindful approach to money and life. Hit subscribe and tap the bell 🔔 to stay updated!
📜 Disclaimer: This podcast is for entertainment and informational purposes only and is not financial advice. Always consult a qualified financial advisor before making major financial decisions.
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Transcript
Introduction to the Podcast
00:00:00
Speaker
Welcome back to the Forget About Money podcast.
Practical Stoic Philosophy with Jonas Salzgeber
00:00:02
Speaker
In our last episode, Jonas Salzgeber explained the practical stoic philosophy that helps us reframe our experiences and thoughts so that we may embody confidence and calmness even in the face of the toughest challenges.
Seven Stoic Money Lessons
00:00:16
Speaker
And in this episode, Jonas is sharing seven stoic money lessons based on the ancient philosophy of stoicism. Welcome back, Jonas. Hello, Carl and David.
00:00:28
Speaker
Yeah, thanks for joining us again.
Stoic Views on Money and Character
00:00:30
Speaker
I am especially excited to hear your thoughts on how stoicism ties into the world of personal finance and the financial independence retire early movement. So I think this is gonna be really helpful to me and to our listeners. So yeah, do you wanna go ahead and just kick things off and start walking us through your list of the seven stoic money lessons that you've prepared for us today?
00:00:56
Speaker
Yes, sure. Let's jump right in. So the first stoic money lesson is money is indifferent. I think this is a good start. So because the stoics, they don't only differentiate between the things that are within our control and the things that are beyond our control, but they also differentiate between the good, the bad and in different things. So good and bad can only come from ourselves. So from the things that are within our control, basically our behavior. So if I act according to my ah highest self, if I act virtuously, then that's good. If I fall below my my best self or below what I'm capable of, that would be a vicious behavior vice and that's bad according to the stoic. So good, virtue, bad.
00:01:48
Speaker
vice, and everything else basically is indifferent. And so that's health, wealth, and reputation. So money goes in there into wealth. And for the stoics, it would be indifferent, and which I i find it's a perfect topic here in your Forget About Money podcast.
Stoicism, Personal Finance, and the FIRE Movement
00:02:09
Speaker
Money is indifferent, right?
00:02:11
Speaker
So, for the Stoics, basically, they would never compromise their character to earn more money, for example. So, you know, who you are and what you do is always the highest standard to to live virtuously is higher than, you know, earning more money. So they wouldn't compromise their character. And, you know, the richness, true richness can only be found within, you know,
00:02:37
Speaker
And they would you know favor a work that suits your values, that's true to yourself rather than a work that earns you more money, which I find beautiful. And I also think it's important if we want to flourish in life. But of course, um there's other ideas like in the fire movement, maybe that you would work 20 years in a job you don't like and then you're free for the next 25 years and you get to live according to your values for the rest of your life. So there's that. So there's many options. Just generally for the Stoics, you're better off with less money, but with the work that you that's true to yourself. So that's the first Stoic money lesson.
00:03:20
Speaker
I like that idea because it, it prioritizes how we think about it too. Like in a society where we are programmed to go to school, go to college, get a job that pays a lot of money, buy a lot of stuff, maybe save some along the way. Our society really does revolve around money and the actions and the pursuit of it rather than the other way around, yeah and which is what you're saying. The money is the indifferent part. It should not be the leading factor of our decisions.
00:03:46
Speaker
No, i I'm well aware that we need money in our society. I mean, we we we just need it. So maybe I can mention that the SOICS, they would have said that money is preferred in different. So, you know, you they preferred health over poverty over sickness or wealth over poverty. So these are preferred in difference so you try to have more money than less if you can choose but ultimately they say because it's beyond your control actually how much money you have because i mean we we talked in last episode a little bit about depending on where you live in the world.
00:04:26
Speaker
You can earn more money or less because the dollar or Swiss franc is just worth lots more than Peruvian soul. So they will never be able to earn so much money and that's why maybe it's a little bit fairer if money is indifferent and you can still be happy with a little money and rather focus on expressing your best self and living according to your values.
00:04:53
Speaker
Yeah, I do think a lot of us in the fire community, we get so focused on finding a job that pays a lot so that we can do exactly what you said, save up for a lot of years and then buyer freedom down the road. But yeah, I do think there's so much value in finding a job that fulfills you and that does align with who you are and that you may never want to quit. I think that's a lovely goal to chase too. Okay. Take us to point number two. What's the second money value on the
Gratitude and Simplicity in Life
00:05:22
Speaker
list?
00:05:22
Speaker
The second on the list would be live simply. so The Stoics favor a simple lifestyle, a lifestyle that suits our needs. so Basically, you you would search no what's necessary and not what's extravagant. and We might get there by eliminating desire rather than by satisfying desire according to the Stoics. so ah you They would say, you you you can never get everything that you want but you can want what you have you know already so you you lower your desire basically and find the things that you need rather than the things that you desire for some.
00:06:06
Speaker
outside purposes, maybe. so that For example, Musonios Rufus, he was a historic teacher, a really practical guy. I love it his teachings. And so he said, clothes, they are here to protect the bodies and not to impress others, for example.
00:06:23
Speaker
And I think that's with many things. So that's the Stoics take, you know, to live simply. But even within this so the Stoics, or the ancient Stoic philosophers, there's been like Musonius Rufus or Epictetus, who were rather poor guys and teachers so teachers. And there was, but also Seneca and Marcus Aurelius. So Marcus Aurelius, he was the emperor of the Roman Empire. Seneca was a super rich guy as well. So they would have said,
00:06:53
Speaker
You know, you can live well in a palace too without being corrupted, for example. So there's differences there, but generally you want to live simply and focus on what you need rather than shining bright with extravagance, for example.
00:07:09
Speaker
Yeah, then third stoic money lesson would be count your blessings. We talked a little bit about it in the last episode, rather than seeking new things, you want to count your blessings and ask yourself, you know, how much would you like the things that you already have?
00:07:28
Speaker
And we said that you know these can be material things, but it cannot even be a, we said your hand, right you can be really grateful to have your hand. And here, yeah when it comes to to money, I would say that maybe you you can save some more money and rather than spending, you can ask yourself, okay, do I need this? Or can I be grateful for the things I already have?
00:07:54
Speaker
and And generally, I think the stoic money lessons are pretty good for saving because they tell you not to spend too much on things you don't really need and our needs aren't so big, right? So we can save a lot. So that's classic soy system here. And when it comes to to to money, to to save your save your money and or you know be generous with your money and give it to others who maybe cannot be grateful for many things they they have because they don't have so much so maybe you can maybe if it suits your values you can you know rather than buying yourself a new bed because you want a new bed a bigger bed you can say actually I'm really grateful for the bed I have it's a good bed and I can
00:08:41
Speaker
sleep in it and maybe others don't even have a bed or sleep on the floor or on the mattress or and maybe, I don't know, rather than buying a new bed for me, I'm going to buy you know a bed for someone else. I don't know. i So count your blessings. It's the third stoic money lesson here.
00:09:00
Speaker
Yeah, that's a beautiful, beautiful sentiment. And i I do think that is one thing we do pretty well in the fire movement is encouraging each other to focus on bigger things that you want out of life instead of material things that you want in your life. So yeah, I think we we do a pretty good job of that. There's always room room for for improvement, but I think that's one thing that the fire movement really does.
00:09:25
Speaker
and still in in people is to think beyond stuff, try to build a life that's beyond just material things because the amount of joy that they can bring you in life is pretty limited. Okay, take us to money lesson number four.
00:09:40
Speaker
Money lesson number four would be practice temporary poverty. So I mentioned Seneca, he was a really a rich guy and the stoics generally they they would practice what we call today or what I call in the book voluntary discomfort.
00:09:58
Speaker
where you, you know, voluntarily get into this or uncomfortable situations and in theory this is going to make you more comfortable being uncomfortable basically. Trains your self-control and endurance and one way to practice voluntary discomfort is from, the idea comes from Seneca who says to practice temporary poverty maybe because he was super rich guy and so he said to to set aside a couple of days every month to live as if impoverished so only cheap food or basic food and dirty old clothes.
00:10:37
Speaker
and just as if he didn't have any money. I think that's something we can practice you know because it's going to be really an interesting experience. Maybe you can try to i don't know spend only $5 a day for a week or so. or you know, just try to come up with an idea maybe to to live as if you didn't have a ah lot of money and maybe you will learn something from this experience. So Seneca, would say he would then ask himself, is this the condition that I so feared? And so he would so probably he was a little bit afraid of losing all his wealth.
00:11:16
Speaker
So he would practice this and learn that actually I could live like that. It's preferred and different to have all this wealth, but if if if I didn't have it, it's going to be, or it would have been okay. So yeah, until we can be really creative, I find that we we might come up with a fun idea and, you know, you I don't know, only soup for a week or that's stoic money lesson number for
Facing Challenges and Preparing for the Future
00:11:44
Speaker
you.
00:11:44
Speaker
Yeah, are there ways that you have implemented that in your own life, ways that you have found ways to sort of practice poverty or practice more deprivation than you than you have to have that you would recommend to others? So I've been living really cheaply for a long time now.
00:12:02
Speaker
so Actually, I've been in a house sitting for a long time, so I love it. It's great. So I basically live in other people's houses who go traveling. Yeah, you probably cannot do this everywhere. and but So I don't pay rent, but I i take care of their things, and plants, sometimes they have cats or chicken or I don't know. So I can save rent and that's that's one thing. and You know, it's moving a lot, but as I've been living so really simply, I don't have a ton of stuff. Maybe I have more than I need certainly, but I don't have so many boxes of things so I can move really quickly. Just put the things in my small car and off I go. And of course, I prefer to stay in homes where I can stay at least three months because otherwise it would be too much changing all the time. But I've been
00:12:58
Speaker
learning a lot thanks to these house sitting experiences. And I think it's been great to not have a fixed place I call home. So that's one thing I've been doing. you know There have been times where I didn't have a lot of money, so we simply we saved a lot of money on on certain things. But if you do it voluntarily, of course, it's another thing. so But yes, we've we've tried this with Niels a couple of years back to I don't remember the exact amount of money we wanted to spend, but only it's very two two meals a day and small meals. And so I find it a humbling experience and it makes you more mindful of your spending. And know because some people, they will spend, they buy a coffee here, buy something there.
00:13:48
Speaker
a little bending here, maybe they're not really mindful of it. So I find this really valuable to to become more mindful. And that's generally with stoic philosophy, what's really valuable to become more aware of your behaviors and more conscious of what you're doing.
00:14:06
Speaker
And there's a there's a great linkage between number four and number three, because if you prac it if you practice temporary poverty, you'll very quickly find a list of things that you can count your blessings for. Exactly.
00:14:18
Speaker
Absolutely. Yeah, that's very true. What's money stoic lesson number five? So a stoic money lesson number five would be prepare for misfortune when life is going well. So the stoics they have this this practice called or we call today negative visualization where you basically foresee challenging situations happening in the future.
00:14:41
Speaker
you know money related that could be losing your job or you know not having a lot of money or losing certain investments, for example, or certain projects not going well. And personally, I don't like negative visualization too much because I think that I'm the creator of my own reality and my my thoughts will have an impact. you know They will or could manifest in in real life. so So I try not to think of too many negative possibilities. However, I do think it's really valuable to be aware that sometimes things go go you know i seem to go in a rather annoying or difficult or challenging way so that it's possible that you lose your job when it comes yeah to money or the flat rent, the rent goes up or things like this. So we want to be ready for more challenging times.
00:15:34
Speaker
so you want to prepare and you can prepare you mentally but you can also do some savings so you will be able to to so support yourself in times of need and they what comes to mind is a beautiful fable from ASOP.
00:15:50
Speaker
that I learned about in one of Donald Robertson's books. He writes about stoic philosophy and that he he knows so much more about stoicism than I do, who are just in a different perspective anyway. And so this fable is ah from a a wild boar and the fox. So one day the wild boar was sharpening his tusks against the trunk of a tree when the the fox came by and the fox was famous for making fun of his neighbors. So he's laughing at the boar and said, what are you doing?
00:16:21
Speaker
Why you do this? There's no danger in sight. And the ball replied, yes, that's true. But if the danger should eventually comes, I won't have time to prepare. So the moral of the story is to prepare when prepare for war in time of peace or prepare for the challenges when when when
Role Models and Personal Growth
00:16:44
Speaker
prospering.
00:16:44
Speaker
I think this is a good, good stoic money lesson to prepare for more challenging times because otherwise we we might, you know, it will be really tough dealing with certain situations. But if we prepare beforehand, just mentally, but also basically maybe financially to have something on the side or so we can maybe even also help a friend in in need or help ourselves in need.
00:17:09
Speaker
I don't know what that prompts for you, but of three things took out for me whenever he was saying that one. And that's emergency fund, insurance, and preventing lifestyle inflation. What did you think of that one?
00:17:20
Speaker
Yeah, I think those are all great takeaways. I certainly was thinking about emergency funds as well. The other thing that came to mind for me as he was talking about that was mentally preparing yourself for the inevitable downturns in the stock market. I think it's ah especially easy for people who have never seen a major downturn.
00:17:40
Speaker
to get into this mentality of things are always going to be roaring and we're always going to have big returns and trying to focus on the history and remember that that's not always the case and mentally prepare yourself for what it's going to feel like when you lose 30, 40% in your portfolio.
00:17:58
Speaker
Jonas, you've got two more. What is number six? Stoic money lesson number six would be choose yourself a sage. So the stoics, they would often imagine the stoic sage, the ideal human being, perfect stoic. And so, you know, in when they were challenged in certain situations, they would ask, what would the sage do now? And also they used role models. So they would ask you know what would this person do in this situation and i find we can use this as well when when it comes to money decisions right so maybe you have certain people you follow you know when it comes to investment or you know how to spend your money or how to work
00:18:42
Speaker
or how to, you know, be an entrepreneur or whatever. And we can ask ourselves, what what would this person do? And you can even ask yourself, what would I do if I would be the best investor, or if I would be the smartest man on earth? This is about gaining some distance, you know, so and in storage system, a lot A lot of times it's right it's about what you do in any any given situation. So it's not a situation that matters, but what you do with it, your response. That's your response ability. How do you respond to the current situation? And you do not want to react impulsively. You want to choose your response and it's good to have certain mindfulness in the moment. So you can step in between stimulus and response or reaction and pause.
00:19:34
Speaker
So if you're able to to ask this question, what would the stoic sage do? There's already this distance that's that's great and that's needed so you can choose your response. We can apply this to to everyday life, but we can also apply it to to money related topics when it comes to investing, for example, but also when it comes to spending.
00:19:56
Speaker
you know before buying something that maybe is a big investment or or that's something that's expensive you can ask yourself what would my mother do now or you know somebody you you admire for example when it comes to to spending attitudes yeah so this distance is really valuable and you You need a certain awareness in the present moment to be able to to step back and then ask these questions. What would such and such do? I don't know if you have any idols that yeah that you could ask. Carla, do you ask yourself what would Mr. Money Mustache do before any financial decision?
00:20:36
Speaker
Um, that is not a question I've asked myself in a while. I will confess, but I mean, yeah, Pete's blog did have a major influence on me, especially early in our financial independence journey. So yeah, you know, David and I recorded an episode not too long ago about the Mount Rushmore of Phi, which I don't know if you know what Mount rushberg is jo' not Rushmore is, Jonas, but it's like a monument to some of some of the presidents in the United States that it's become kind of a thing where people talk about the Mount Rushmore of whatever fill in the blank, like the most prominent people in some particular field. So yeah, like all of those people that we talked about that day, those are people
00:21:16
Speaker
that I look to as guides and that I think certainly very highly of and want to emulate in some way or another. I think it's interesting that we're talking about an ancient philosophy of stoicism. They didn't have cell phones, but we're very fortunate in today's world that we can just text Carl Jensen and say, Hey, what do you think about this stock? Or what do you think about this way? I'm thinking about money. How do you think about that? But yes, I do have a number of people's mentors that I like to think of them as financial mentors, definitely like overlap and you know, some life stuff as well. Carl Jensen being one of them, Doug Nordman being another,
00:21:52
Speaker
Joe Saul, see how we were just talking on the phone yesterday. He's, if you don't know, he's ah another podcaster who's also has some, some entertaining and interesting perspectives on life and money. So I do go through a list of, I wonder what that person would think because I know and respect them. I know they're smart, very likely smarter than me and have lived different, but thorough, thoughtful lives that maybe I can benefit from what they have to share with me.
00:22:20
Speaker
Okay, Jonas, I think that takes us to Stoic Money Lesson number seven. and Do you want to wrap things up with number seven? Sure. So number seven would be invest in yourself, get better at what matters. For the Stoics, this would be really the best investment you can do is invest in yourself, invest in your character, because that's for them ultimately what matters most.
00:22:44
Speaker
Seneca once wrote in a letter to his father-in-law, it is better to understand the balance sheet of one's own life than that of the corn trade. And he wrote that after his father-in-law lost his job as, you know, chief of Rome's granary or something. So he knew everything about corn trade. And Seneca said, who cares that you lost your job? Who cares? Now you can turn to the most important things that is basically that is life, right? a philosopher A philosopher literally translates as a lover of wisdom as somebody who loves to learn about life, who loves to learn about him or herself. And that's for philosophers or for for the stoics, the most important thing you can do to to love, ah to learn about yourself and invest in yourself. So yes, it's we can
00:23:38
Speaker
I think we always have a choice, you know, where we spend our time and also where we spend our money. So I would say, for example, I love reading books and learning about certain things that I can spend. I'm happy to spend money for books, for example, or I've been going traveling, for example, that had also cost money. so And I find that I can learn something there, right? But that's also for pleasure. But generally, maybe we want to ask ourselves sometimes that, where does our time go you know when we work or when when I think about a father who who who's working 80 hours a week and doesn't have time for for his kids, is he really you know successful? you know it's It's, for example, successful is a broad term here. And I know many people who who tell me, for example, their father never had time for them. So if we do have the choice, maybe we we want to think about these things. you know We want to invest in ourselves, but at the same time, invest in our kids, for example, or invest in our friends or
00:24:45
Speaker
in all these things that so we can spend our days with things that we think truly value. So if you know everything about corn trade in ancient Rome, it's great for this position, but it might not be so great for life. And to today it's the same thing. If you know everything about stock markets, for example, it's great. If you're an investor, the the question is at the cost of what? And I think here it's important we we choose. right So for me, it's not so important. I don't know anything about stock markets. But I know a lot about stoicism or other things that to others are not important. So each of us, we we spend our days with things that we find important. Obviously, otherwise, we wouldn't spend our time with these things. But sometimes I find that we might
00:25:41
Speaker
could rethink our priorities a little bit because we we might drift in in a certain direction a bit too much and forget about you know what ah what life is really about or we might forget about life itself that we can be grateful to to live and smile and dance and sing and have kids and have friends. And so yeah, I think we want to sometimes rethink our priorities and ask ourselves for what does truly matter in life? Where do I spend my time? Where do I spend my money? Where do I spend my energy?
Reflection and Self-Understanding
00:26:16
Speaker
So that would be invest in yourself or invest in the things that you find truly ah valuable.
00:26:22
Speaker
yeah I think that's a beautiful way to to wrap things up. I love that idea of focusing on the balance sheet of your own life. and you Everyone needs money as we've all acknowledged in this conversation and having enough to cover your basic needs is obviously so important in life. But I think once you've got that covered, moving to focusing on other things and making sure that you are living in alignment with your values and that you are being kind, living to your highest self. ah I just love all of those ideas so, so much. So yeah, this conversation is inspiring to me to
00:26:58
Speaker
focus more on those things and do some journaling and meditation. And actually, that is one thing that we were going to talk to you about today, Jonas, is the idea of journaling. You've touched on that a little bit in this episode in the last. So I wonder if you can talk about some journaling practices.
00:27:14
Speaker
Sure. So, yes, I love journaling. And, you know, I remember when you sent an email and asked me, you know, what what we could talk about. And i so I started writing like, here are a couple of things that I like reading, journaling. And then I thought that sounds like super boring.
00:27:35
Speaker
But anyway, I like these things and I find them really helpful and beautiful practices. So journaling it to me has been tremendously valuable because that just makes me more aware of countless things, you know, gets me, or I got to know myself better and made me make more aware of you know, certain behavior patterns and all these things. So ah over the years, I've practiced various, you know, different practices and when it comes to journaling. And the one I have in the book is to good, better, best journaling practice. So basically, at the end of the day, you ask yourself what
00:28:19
Speaker
What went well today? What did I do good? The second question would be better. So what did not go so well? What could you do better? And the third question would be best. So what could I do in order to more consistently express my best self? And I did this practice for over a year or from almost years in total, but that's at some point I was really fed up with ah always better, better, better. Why? It's good enough now.
00:28:49
Speaker
So anyway, I find it a great practice to become more aware of what you do throughout the day but because this works in somewhat magical ways if you ask me that if you write down things that went well in the evenings and things you could improve, the next day when certain things happen, you you will already be here aware that, oh, this is going to be something that I did well or that I could improve because I could go either way now because yeah, it's now a chance to do, to go this way or to go that way. So I find that the journaling generally up to this practice could be the best makes you more aware throughout the day, which is almost a prerequisite if you want to consciously choose your behavior or actions in everyday life, if you want to respond according to your best self, right? So that was a practice that I i loved for a long time.
00:29:48
Speaker
but that I've stopped doing because so I've had enough of this practice. why I don't always need to be better, better, better. So now I recommend, you know, in Stoicism, we have this, the meditations from Marcus Aurelius and basically what he did was just write things down in the evenings. I said, just do this, do your own meditations, just write things down, you know, what what's bothering you, what's been challenging,
00:30:14
Speaker
How could you, you know, what could you do? What could you have said? Why did it bother you? You know, you will get to know yourself better over time when you self-reflect. And for me, journaling really helps because I cannot do it just in my head where I will just turn in circles. But as soon as I put it into or on the page, I get ahead. But the same thing happens when I talk to people.
00:30:40
Speaker
So, you can talk to your partner, you know, and share your challenges. Basically, that's another form of self-reflection. It's like therapy, basically. And self-reflection is like therapy you do with yourself, you're your own therapist, basically. So, yeah, I would say just write anything. Just start writing and be with yourself and your thoughts and and put it on on the page. and If you don't know what to write, people tell me, hey, I i don't know what to write. I tell them, yeah, just write this. I don't know what to write. What should I write? I'm thinking. And then it will come automatically. And over time, you will obviously get better at just starting to write the things that that are in your head. Basically, get the things out of your head and on page.
00:31:28
Speaker
And then I find when you have a certain problem, you know, something that's, you know, annoying or challenging, as soon as you you write it down on page, it diminishes. It's like going away because it's somewhere else and you get some clarity and you gain some perspective. And yeah, I don't know exactly how, but the journaling works wonders and that's beautiful.
00:31:54
Speaker
I love that so much. And one of my big takeaways here is the power of doing it at night. This may sound like a reach at first, but i I think maybe this will be helpful to some folks. So I play the piano. And one thing that I've always noticed is if you practice passage or a section of a a piece that you're really struggling with just before bed, there is some sort of magic that goes on at night and your brain is like, oh,
00:32:20
Speaker
I think I understand what you're trying to get my hands to do here. And when you wake up the next day, it seems to be pretty reliably better than it was the day before. I've never thought about journaling at night and letting the magic of sleep sort of let the grooves in your brain adjust to whatever mindset you were hoping to get to with your journaling, letting letting that happen overnight. But that Seems really powerful to me and that's something that I would like to try in my own life. Perfect. One thing that just came to mind, why it could help at night could also be because um you get the things out of your head because some people struggle with falling asleep because they have these reoccurring thoughts about certain issues, you know, from work or maybe.
00:33:06
Speaker
a challenging investment they made. So if you put it on paper, you have it stored somewhere and then maybe yeah you gained already some distance so it will not be bothering so so much when you're lying in bed.
Recap of Stoic Money Lessons
00:33:21
Speaker
Jonas, thank you very much for sharing your seven stoic money principles. Number one, money isn't different. Number two, live simply. Number three, count your blessings. Number four, practice temporary poverty. Number five, prepare for misfortune when life is going well. Number six, choose yourself a sage. And number seven, invest in yourself. Between this episode and last episode, I appreciate all of the wisdom that you shared with us. It's great to talk to you. Jonas, thank you for the discussion to allow us to rethink our relationship with money using timeless stoic wisdom in a way that feels actionable and relevant. Yeah. Just echo everything that David said. This has been such a treat. I loved it so much. Hopefully we can have you on again in the future because I just think this is an endless well of wisdom. So you did say you have to follow up with your journaling technique. I i sure did. So we have to have another episode. but
00:34:16
Speaker
ah Thank you. I enjoyed it a lot and thanks so much. and Thank you all for watching and listening.