It is crazy to me to think that so many people spend such a large percentage of their lives doing something (usually just for money) and don't consider it to be who they are, especially if they hate the work that they do. Your work is a huge part of who you are. It affects everything about your life. It isn't something you should do just to do it or because you feel like you have to. It's a path that people should choose carefully.
For way too long I latched onto the first opportunity or idea that came along. I'm 32 now and find myself constantly wondering how much different (maybe better, maybe worse) things could have been if I had taken a step back and considered more possibilities for the future. Now multiple times per day I try to consider where each decision might lead, no matter how big or small of a decision, ranging from hours from now to years from now to thousands of years from now. This mindset is less stressful/neurotic than it sounds, and I would suggest more people try this approach. Good, well thought-out decisions lead to a better future (for everyone). Imagine that.
That doesn't mean that you shouldn't take risks. Sometimes a risky path is the best possible path to take. The potential rewards should always be worth the risk, so that is something to always be considered. You usually learn a lot more in a shorter period of time this way.
Family is the most important thing in life. Material things don't matter. Sure, nice things are certainly nice to have and it can make life more enjoyable, but if you have no one you love to use these things with and spend your time with, life feels pretty empty.
Spend your time wisely, and try to do things that, when you look back on your life on your deathbed, you think to yourself, "I am so glad I made that decision."
In many ways (mostly money), people don't have the luxury of choosing a career path that is aligned with the things they love to do.
Aye, but there's the rub.
Do you want your kids to live in a safe and healthy town with good schools and a decent home? Do you want them to have nice things and great life experiences? Do you want to be sure they can go to a college that matches their abilities?
Even if you're personally a minimalist without the need for status and luxury, it still costs a lot to give your kids the stuff that makes them flourish.
Your time is probably the most important thing you can give them however, so now you're faced with an optimization problem. How much time with family vs how much money will make for the ideal family life? It's not easy to know.
Since many of us can't find a job we love that pays enough to optimize family well being, there's a need to sacrifice one value for another. You can't always "have it all".
There's the "dark horse" path that few follow: https://lsi.gse.harvard.edu/dark-horse
Any idea if there is more info somewhere online without having to email the professor?
I use the page as a directory for people who have gone down unique paths. Then see what they have done.
That depends on the American. There is no unified American culture anymore, which makes generalities like this almost universally false. Case in point: I've lived in America all my life and nobody I know would object to only working a day a week if they could actually live off that little money.
I used to play a lot of video games, and while not all of the time I would consider 'wasted' I definitely could have used some of the time doing something else that would have made my life better today.
There is an opportunity cost to everything you do. Time is the only truly limited resource in life, you should try to use it as wisely as possible. Everyone needs some leisure time, but it shouldn't be the majority of how you spend your life.
Chances are, in an alternate reality, you'd just be stressing about a different set of things.
I was mostly referring to things that you put lots of time into, but don't get much long-term value in return. For example gaming grants you short-term fun, but (for the most part) doesn't give much for long-term. Money/reputation/progression doesn't mean much outside of the game/s you play. In some cases you could "sell" your account, but the amount you get would probably be less than .25 cents/hour that you put in.
I'd say it's more that I exercise more now. I discovered that I like woodworking. And I started creating more things myself on the computer. I've deployed a few Android apps to the play store, and I discovered that I like Rust.
the 'ejector seat savings' the GP was referring to just means 'have enough savings that you can walk away from any situation if you want to'. GP probably wasn't meaning 'walk away from all work forever'. I can say in my case even when I qualified for unemployment assistance, it was pretty small, and took a couple weeks for me to even get a check, then another few days for the check to clear. Mind you this was 15 years ago - the situation might be 'faster' now, but... having savings now means I wouldn't care one way or another, but at the time, I had very little, and it panicked the heck out of me not having a 'regular check' coming in.
25 years ago, I was earning... about $700/week. The upper cap on unemployment assistance paid out around... $300/week (and I didn't even qualify for the full amount, IIRC). I had been earning $700/week, but then had to wait close to 3 more weeks to get a check from the state for around $200. It wasn't close to a sustainable situation.
https://fileunemployment.org/unemployment-benefits/unemploym...
I'm in a position now where I have ... probably 18 months or more of living expenses lined up that I can tap whenever I need to, so I don't think I'll ever have to be in that situation again. BUT... I still remember have $0, owing money, having no job/income. Scary as a single person, probably doubly so if you have a family to support.
Having 3-9 months of fixed expenses money in the bank is pretty liberating. You know it's there and available, so your attitude at work becomes less about "OMG how am I going to pay my bills if I lose this job" and more about actually accomplishing something.
You can and should endeavour to love your job and do it very well. But I discovered that my first job is where all my friends were and was where I exercised my creativity and mentorship skills. That was all great but it meant I lost a lot of identity when I walked away from it.
I have now found non-work outputs for all those things. So if one day my job makes a left turn and it no longer fulfills me creatively or I have to walk away from it, I'm still a whole person.
And when you realise that conditions have evolved to a point where you're not having fun anymore (and they always eventually do), eject yourself and go spend far more time with family, friends and your other sources of identity.
Everyone _wildly_ undervalues their time.