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Debunking the fear of quitting

Debunking the fear of quitting

  1. Quitting is not permanent: It’s always possible to pick up your chosen career path with a different company at a later date.
  2. You will be able to pay the bills: You can get a new stream of income before you quit your job or eliminate most of your expenses temporarily and live off your savings for a short while.
  3. Health insurance and retirement funds won't cease if you quit: Do some research and transfer your 401(k) or similar to another company.
  4. Quitting won't ruin your resume: If you quit to do something interesting, this will often make you more attractive to employers in the long run.

5.17K

14.6K reads

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Questions to Overcome Fear

Questions to Overcome Fear

Moving out of the country or changing jobs are hard. Tim Ferriss recommends asking these questions to manage your fear:

  • What is your absolute worst-case scenario?
  • What could you do to repair the damage

7.14K

30.2K reads

Forget about Time Management

Forget about Time Management

What you do is far more important than how you do it. Efficiency is important, but it’s redundant unless it’s being applied to the right things.

To be productive:

  • Identify the few critical tasks that contribute most to income (Pareto’s Law: 80% o...

6.4K

27.6K reads

The Low-Information Diet

The Low-Information Diet

Most information is time-consuming and unnecessary. You should be critical with what you look at, read, or watch daily.

The low-information diet:

  • Go on a one-week media fast immediately: no newspapers, magazines, news websites, t...

6.16K

23.4K reads

The 4 Hour Work Week Formula

The 4 Hour Work Week Formula

Tim Ferriss outlines a process for escaping the 9-to-5 & living a fulfilling life:

  • Define your ideal lifestyle. What do you want your life to look like? Probably it's not about being rich but sick at an old age.
  • Eliminate the unnecessary. Ident...

5.69K

27.2K reads

Outsourcing Life

Outsourcing Life

Tim Ferriss proposes that by outsourcing tasks that you don't enjoy or that are not essential to your goals, you can focus on the things that are most important to you. How to do it:

  • Get a remote personal assistant to learn how to give orders.
  • Never aut...

5.72K

23.8K reads

Interruptions: What are they and How to Fix them?

An interruption is anything that prevents the start-to-finish completion of a critical task.

The 3 main offenders:

  1. Time wasters. Things that can be ignored with little or no consequence
  2. Time consumers. Repetitive tasks or...

5.78K

22.6K reads

Tim Ferriss

"The New Rich are defined by a more elusive power than simple cash—unrestricted mobility."

TIM FERRISS

6.31K

104K reads

The W’s you control

The W’s you control

Stress and Misery comes from a feeling of helplessness. By focusing on the “W’s you control”, you can create a life that is more fulfilling and less stressful.

  1. (W)hat you do
  2. (W)hen you do it
  3. (W)here you do it

7.37K

54.5K reads

Replace Office Work with Remote Work

To live a free life Tim Ferriss proposes working remotely. He advocated it before it was cool. His advice: 

  • Practice environment-free productivity. Attempt to work for two hours in a cafe before proposing a remote trial.
  • Quantify current productivity.

5.21K

15.6K reads

Surprising Rules for Success

Surprising Rules for Success

  1. Retirement is the worst-case-scenario insurance.
  2. Alternating between periods of rest and activity is essential.
  3. Focus on being productive instead of busy.
  4. The timing is never right. Waiting for ‘somed...

8.02K

39.6K reads

CURATED FROM

CURATED BY

jaszyy

"Time was God's first creation. " ~ Walter Lang

A now classic book that jumpstarted Tim Ferriss's career.

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How to Save Right for Retirement

How to Save Right for Retirement

  • Start Saving ASAP. Money you put in your retirement fund now will have more time to grow through compound growth.
  • Avoid cashing out your retirement account early as it prevents your money from being invested and leads to penalties and tax bills.
  • Contribute mo...

Automate anything you can

Assuming you have enough to cover the bills and aren't pulling an overdraft fee, start by automating your retirement savings. You know you need an emergency fund, so automate. Do the same with increasing your 401(k) contributions each year, or paying off your credit card debt. 

Allocating expenses

The most common buckets are:

  • Expenses, or your needs: housing, food, transportation, clothing, insurance, childcare,  etc.
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