Hi friend,

Happy Pride, rad friends! I just got back from a fantastic 4 day surf trip to Sayulita. In today's essay, I look at the time value of time.

Question for y'all: Is all the interesting information you’re consuming leading to meaningful results in your life … or is it going to waste?

My friend Tiago Forte's Building a Second Brain Foundation is a self-paced course to help you manage information in a way that reduces stress and anxiety, increases productivity, and promotes your creativity.

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The time value of time

Would you rather have $100 today or in 30 years?

Understanding the Time Value of Money is Personal Finance 101.

But would you rather have 100 hours today or in 30 years?

You make that decision every time you stay late at the office.

Every time you skip a family gathering.

And every time you put off starting a new hobby.

The Time Value of Time is a troubling conundrum for ambitious professionals.

Here are this week's top reads:

// one

31 lessons I've learned about money

8 minutes | Ryan Holiday
​

I’m a sucker for a good money listicle. But man, these are deep and really make you think. My favorites? Play for positive externalities, model generosity and “if it doesn’t make you a better person, it’s not success.”

→ Read the post​

// two

The hidden cost of success and why you might not be willing to pay it

6 minutes | Mindset & Insights
​

You’re familiar with the Buyer’s Remorse that comes with, say, a fancy car that requires too much upkeep. But does the same apply to success? Did you get that coveted promotion — only to realize that it meant more travel, more meetings and more stress?

→ Read the post​

// three

How to stop caring what people think about you

9 minutes | Mashable
​

As humans, we have an innate need for approval. We want our peers, neighbors and followers to know that we are doing well. Yet we all need breaks from the attention economy so that we can create better boundaries on our approval-seeking behaviors.

→ Read the article​
​

// four

Your spending habits are all in your head

13 minutes | Chicago Booth Review
​

One personal budgeting strategy is to conduct “mental accounting” and the use of spending buckets. By categorizing sources of inflows and outflows, you may overlook the fact that money is fungible. However, mental accounting actually more closely resembles a tree, with different spending categories connected by various branches.

→ Read the article​

// five

Ditch your meetings and try an asynchronous culture

13 minutes | First Round Review
​

What if you could build a startup that ran entirely on its own? One with no meetings and where everyone can pick what they want to work on. Sounds crazy? It gets even crazier: what about a “reverse-sell” hiring policy? You read that right. If you want to work for this company, they’ll sit you down and tell you all the reasons why you shouldn’t.

→ Read the article​

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Below the Fold
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LAST WEEK'S MOST READ

• ​Who will remember how late you worked? (RadReads, 738 clicks)
• ​Money can’t buy happiness… or can it? (Of Dollars and Data, 329 clicks)

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And finally, Succession’s cautionary tales on entrepreneurship.

With gratitude,

Khe

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