Practice Poverty

A stoic technique for increasing gratitude.

. 2 min read. Mindfulness, Minimalism.

When reading The Obstacle is the Way recently, the author mentioned a topic that stuck with me — practicing poverty.

Seneca

The topic came up when discussing Lucius Annaeus Seneca. Seneca, one of the founders of the Stoic school, and the subject of a Tim Ferriss book. Unlike many Stoics, Seneca was a wildly successful businessman in his day. Even at that, he was humble though. His thoughts on poverty shed light on his humility.

It is not the man who has too little, but the man who craves more, that is poor.

When hearing this Seneca quote, the immediate idea that comes to mind is The Shockingly Simple Math Behind Early Retirement, which shows just how significant a change lifestyle is to your long term planning. But what about the short term?

Putting it to Practice

The quote that was being discussed in The Obstacle is the Way, was this one from Seneca:

Set aside a certain number of days, during which you shall be content with the scantiest and cheapest fare, with course and rough dress, saying to yourself the while: “ Is this the condition that I feared?”

What if you were to get up tomorrow, or for the next week, and make a choice not to spend a cent unless otherwise essential? I’m not suggesting go as far as walking 10 miles to work, but there’s probably a bunch you could do with this. Eating what’s left in your freezer and pantry, avoiding toll roads, not eating out at work — removing yourself from positions where you are exposed to things for sale.

If you’re reading this post, you’re most likely well enough off that true poverty (living in the open, not sure where your next meal would come from) would be too daunting a challenge. I also don’t get the impression that Seneca was sleeping under the stars for those nights. But there might be other ways you can think of that can would help you empathize with the poor — and at the same time appreciate what you have that much more.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

13 Comments

Why I Don’t Blog Anonymously

Blogging about investing hits on very personal numbers that are sometimes considered taboo to discuss. I went back and forth on whether to be anonymous for this blog before eventually opting to blog as myself.

September 13, 2017. 2 min read.