Bill Perkins

Whether you go on a walk with your daughters, you play cards with your friends late at night. Do you tuck them in at night or you go hang out with the boys? And so in the book, we talk about the seasons of your life. Certain activities transfer nicely to the next season in your life from 20 to 30 to 30 to 40. And some of them. don't transfer well, they're less enjoyable.

And some of them don't transfer at all. It's impossible. One of the things when the 40-year-old who has $50,000, one of the things I would say is, what's your survival number? Have you calculated that at retirement? Are you surviving retirement or are you in serious negative dire straits?

And some of them don't transfer at all. It's impossible. One of the things when the 40-year-old who has $50,000, one of the things I would say is, what's your survival number? Have you calculated that at retirement? Are you surviving retirement or are you in serious negative dire straits?

And once we've calculated that, okay, I need to work and save this much and plus social security, I've had my survival number. Now the rest is for experiences, things I want to do and allocation of my time, how do I allocate it? Is it the cruise at 70? Or is it the ski trip right now? And that's going to be different for every single person. Or is it a shirt or whatever fulfills them?

And once we've calculated that, okay, I need to work and save this much and plus social security, I've had my survival number. Now the rest is for experiences, things I want to do and allocation of my time, how do I allocate it? Is it the cruise at 70? Or is it the ski trip right now? And that's going to be different for every single person. Or is it a shirt or whatever fulfills them?

Or to go play in this chess tournament, pay the entry fee. And for people with zero money, you still have an allocation game to play. You still have your health and your time. You can still decide, hey, I'm going to sit down and watch Friends or I'm going to go hang out at my mom's house and make a meal and spend time with them because I'm only going to see them 20 times before they're gone.

Or to go play in this chess tournament, pay the entry fee. And for people with zero money, you still have an allocation game to play. You still have your health and your time. You can still decide, hey, I'm going to sit down and watch Friends or I'm going to go hang out at my mom's house and make a meal and spend time with them because I'm only going to see them 20 times before they're gone.

So this type of thinking about allocating your resources at the proper place, getting off autopilot, holds at all wealth levels. It doesn't hold at all health levels because if you have zero health, you have zero. You're done. It's over. But it holds at all wealth levels. So that type of thinking to maximize fulfillment and knowing that you have seasons of your life, that your body decays.

So this type of thinking about allocating your resources at the proper place, getting off autopilot, holds at all wealth levels. It doesn't hold at all health levels because if you have zero health, you have zero. You're done. It's over. But it holds at all wealth levels. So that type of thinking to maximize fulfillment and knowing that you have seasons of your life, that your body decays.

your attitudes change and they pass, that type of thinking in that I need to get things in the right order and use my resources properly, that's going to help you have a more fulfilling life, whether you have zero money or $100 million. There are many people with zero who are having a way more fulfilling life than Warren Buffett, I would say.

your attitudes change and they pass, that type of thinking in that I need to get things in the right order and use my resources properly, that's going to help you have a more fulfilling life, whether you have zero money or $100 million. There are many people with zero who are having a way more fulfilling life than Warren Buffett, I would say.

It illustrates the point. I usually say, you know, there's no amount of money you can pay me to do 10 years in Sing Sing. Right. Not at this age, there's no amount of money. You know, I say that to certain people who are just like always delaying gratification. And I'm like, you're kind of in a jail. Like you're basically doing a version of I'm doing time.

It illustrates the point. I usually say, you know, there's no amount of money you can pay me to do 10 years in Sing Sing. Right. Not at this age, there's no amount of money. You know, I say that to certain people who are just like always delaying gratification. And I'm like, you're kind of in a jail. Like you're basically doing a version of I'm doing time.

Maybe you shouldn't be doing time at this point in your life. And so these are kind of just ways, you know, people absorb information in different ways. You can say it in all kinds of different ways. And then they finally go, aha, I got it. That really spoke to me the way you said it. I try and hit people with different versions of this. You know, one of the things I like to say to people is

Maybe you shouldn't be doing time at this point in your life. And so these are kind of just ways, you know, people absorb information in different ways. You can say it in all kinds of different ways. And then they finally go, aha, I got it. That really spoke to me the way you said it. I try and hit people with different versions of this. You know, one of the things I like to say to people is

Life is like Tetris. You got to get the order right in order to get the high score of net fulfillment. Let's say you're in heaven.

Life is like Tetris. You got to get the order right in order to get the high score of net fulfillment. Let's say you're in heaven.

In the book, I talk about this thing about time buckets, basically that you take your life in segments, any kind of segment you want, 20 to 25, 35 to 40, 50 to 60. You think about leisure, job, career, what experience you want to have in each of those periods. And as you're doing that, you realize that

In the book, I talk about this thing about time buckets, basically that you take your life in segments, any kind of segment you want, 20 to 25, 35 to 40, 50 to 60. You think about leisure, job, career, what experience you want to have in each of those periods. And as you're doing that, you realize that

wait a minute, the going to the clubs and strip clubs and hanging out probably should be before I get married, not after. The reading books to my kids when they're children, this must be in this bucket.