“You are a fool!”
While most get offended by such a phrase; quite often than not, it simply validates the successful life you are living.
Most people think of being foolish as a derogatory tag to carry, but miss out on the fine print – are you foolish by chance or by choice?
“What’s the difference?”, one may wonder. But, let me assure you one makes you an actual fool, but the other makes you the wise guy!
Let’s think of life like a profit and loss statement which finally flows into a balance sheet of assets and liabilities.
The profits include monetary gains as well as social, emotional and physical gains like an outing with a loved one, a family dinner, a much-awaited solo-trip, a fitness regime, so on and so forth.
Losses, on the other hand, are the ones that burn a hole into the happiness created by profitable events – examples of losses could be a monetary loss, squabbles at the workplace, an unwarranted argument with a loved one, and similar.
Now, all of this flows into the balance sheet where happiness, joy and monetary gains form the assets and negative emotions like anger, sadness along with monetary loss become a liability.
Remember – “A balance sheet always has assets and liabilities in equal balance”
Hold this thought for a moment. Let’s move to a parallel thought –
Quite often in life, we make decisions that make modifications to our balance sheet. Consider a situation where a rickshaw driver skims you off five rupees suggesting he has no change, right as you leave for work. Following are the two situations that can modify your life’s balance sheet tremendously.
|Decision & Action||Balance Sheet Implication|
|Situation1||Argue with the rickshaw driver; lose your temper and curse him under your breath for the next 20 minutes||Asset may go up by five rupees; liabilities shoot higher driven by anger and opportunity cost in terms of happier moments|
|Situation2||Accept that an argument won't make him budge; think of the five rupees as gone in the name of mankind and move on||Monetary liability increases by five rupees; assets shoot higher by mental peace, positivity and no negative baggage for the rest of the day|
Spend a minute, and think about how a single decision on a petty event can change the course of your day and have a much bigger impact on your life’s balance sheet.
Remember? “A balance sheet always has assets and liabilities in equal balance”
Now, the real question is are you willing to let go of something petty to gain something far more profound and valuable? Are you willing to stop sweating over a few lost bucks and focus on the opportunities to make bigger bucks which will work only if you are happy and at peace with life?
Are you willing to be the fool – by choice?
But, how much foolishness is too much foolishness when it comes to letting go of petty things?
The answer to this is best bifurcated into dealing with two loss events – monetary and emotional. And, the root of the solution also lies in our beloved handbooks of accounting.
1. Monetary: How much money should I be willing to let go in
pursuit of more valuable emotions and peace?
Solution: Create a fool’s budget at the start of every month which should be ~1% of your monthly income. Consider this as the amount you are willing to let go in that month. The percentage may be different depending on how much you value money vs. yourself.
2. Emotional: How do I decide if an event is petty enough to let go?
Solution: Always think if you had to choose to win either the event or the associated person’s heart, what is of more value to you? Quite often than not, this will give you the answers you seek.
It’s cool to be a fool – as long as it is by choice!
This article has been contributed by Krishi R Parekh, Lifestyle Influencer.