Rule No. 1: Maximize your positive life experiences

  • Death makes us more aware of the limited time we have in life.
  • It’s rational to delay gratification to some extent, but too many people delay it indefinitely, saving money for experiences they will never enjoy.
  • Maximizing your fulfillment from experiences by planning how you spend your time and money is how you maximize your life.
  • Life is not a game of Space Invaders where you rack up points for earning more money.
  • People should focus on maximizing what they get out of their wealth, including giving to their children, friends, and society now instead of waiting until they die.

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