In terms of money, knowing what you value and what your priorities are important. It gives you direction on what you want to spend on and where you want to allocate your money.
I prioritize helping my family thus, I send money every payday.
I prioritize my freedom that’s why I save and invest as much as I am able to.
I love reading so much that’s why I set a budget every month for buying books.
I love having and designing my own home so that’s where I am putting my money into.
I am writing this post because the book When Breath Becomes Air has got me thinking about knowing your values and priorities. Dr. Paul Kalanithi was diagnosed with terminal cancer in the last year of his residency. Paul talks about how, as a doctor, one of your jobs is to guide patients on how to deal with their sickness and make them realize what would their life be like having this sickness. Before he and his oncologist set out his treatment plan, the oncologist asked him what did he value the most and what was important to him. Would he like to continue being a full-time neurologist or would he like to focus his remaining days as a father, husband, and brother? Or pursue other goals he had? His oncologist told him that all the decisions they were going to make are based on what he values.
If you don’t know what you value, chances are, you will be spending on things that you really don’t care much about.
P.S. When Breath Becomes Air is one of the best books I have read this year.