All of Neill's Comments + Replies

I love the point made during my study of Ikigai, that there is no word in Japanese for 'retirement'. 

Example explanation: 

There is No Japanese Word for Retirement – Your Work, Your Way (yourwork-yourway.com) 

Hi all, 

I came across the 80,000 hours initiative a few years ago and it 100% aligned with my purpose in life. 

I'm on track to give 50% of my salary to the top EA charity [We are downsizing our home] later this year. 

Just having this purpose has undoubtedly made me happier and I'd like to promote this benefit to others, as my second passion is increasing Happiness, the synergy between the two is fantastic. 

In the meantime, I've been adjusting some famous quotes to include an EA mindset, what thinks you? 

 

'If you want to lift y... (read more)

Unfortunately I do broadly agree. 

I am quite open about the fact that doing good makes me feel good, my reasoning is that if I feel good then I perform better, therefore enabling me to make more money to do more good. I use the Kahneman Happiness model and Paul Zak's neuroeconomics research  to support my approach.  

Can we make doing good cool maybe?

Hi, many thanks for the opportunity to contribute. 

I am very much in the earn to give camp. 

My approach has been to get myself and my family financially sound before I start to give. This means I will give more in the long run as I am not paying interest on any debt. 

 I will be giving to the highest impact charity [whatever EA suggests at the time], this helps me free my mind to concentrate on earning as I don't have to spend time on the decision. 

I am fortunate in finally being financially sound as we purchase our first family hom... (read more)

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rsturrock
3y
A few things I'd think about  re: MBAs from my own observations (friends who've done them etc): 1. How high are your earnings currently relative to market / what MBAs are getting? You're more experienced  than I'd say most  of the people I know who got MBAs are - will you be able to find a job that increases your earnings a lot (eg. if you are already in strategy consulting this seems unlikely) 2. What personal sacrifices will you make in a new higher earning job (ie if you switch  to IB or consulting will you be okay with the hours / be able to earn the higher salary for long enough to justify your investment)? My take on this is an MBA is a ~200k direct investment. Plus you are potentially missing out  on opportunities in your current job to progress (ie will you miss out  on a promotion opportunity?). I'd say you'd probably want to expect ~350k extra earnings out of the MBA to justify opportunity cost + time cost of  money. From your post it sounds like this MBA will help you in role though - so that might be an overestimate.  Additionally if you haven't read about  Financial Independance  (FIRE) that might be a good thing  for you to look into as  it would: 1) help you meet your goal of providing financially for your family sooner 2) potentially increase your ability to give for a fixed amount of income.