Bill Perkins

Like, I went on this trip, and this happened, and we got stopped by the security guard, and we had to sleep overnight, and we met this other couple, and it was great, and we had a good time, and you tell that story.

And that creates another experience which also gives you joy.

And so...

When you invest in experience, not only do you get the joy of that experience and the fulfillment of experience, but you get what I call the memory dividend every time you access that experience through your memories.

And much like investing in a bank or a stock that pays dividends, investing in experience pays a dividend.

And so these mental models, right?

It's a lot to remember, right?

Like, oh, what do I do?

I do an experience now.

I just come with a formula, formulaic way of thinking, not a formula of like, okay, how do I think about the totality of my life?

What experiences belong where?

And what will be the most fulfilling for me?

Right.

So for each person in each profession, right, like there are certain situations where people have pensions, guaranteed jobs, et cetera, and career progression, right, where their salary is going to be going up.

And they're also going to have their own health, right, like they're very healthy, not that healthy, et cetera.

And

What they're trying to do is thinking about, okay, what experiences in the 20 to 25 bucket or 25 to 35 or whatever, any way you want to break it up, what experiences belong now, okay, that I should be doing now and gifting the memory dividends to my future self?

Or what things am I doing now that are robbing my future self from stability?

and causing worry, right?

And so there was a period in my life when I was in my 20s, I was seesawing, right?