I spent last Sunday at Crossword book store in Kemps Corner, reading Timothy Ferris’s ‘The 4-Hour Work Week’.
Given Tim’s ‘live it up’ image, I expected it to be a book about having more; instead, it turned out to be a book about finding happiness in having less.
The basic premise of the book is that we have a choice between work and leisure. An income of $100000 a year means very different things when it requires a 60 hour work week and a 40 hour work week. At more than 60 hours a week, typical of Asia and America, it inevitably results in stress-related health disorders. At less than 40 hours a week, typical of Europe, it results in a happy work-life balance. At 4 hours a week, typical of Tim, it means nirvana.
Tim is not for or against consumption. Instead, he differentiates between three types of consumption — spending money to own things, spending money to enjoy experiences, and spending money to free up time for the experiences. Tim believes that having new experiences is the key to happiness, that owning things distracts us from the pursuits of new experiences, and that time and not money is the limiting factor in having experiences. Most of us work too long, own too many things, and enjoy too few experiences. Tim’s mantra is to work as little as possible, own as little as possible and free up all your time and money for enjoying experiences.