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ref: 89db8a0db3b15ad1a131b443ccfe2a0d5f08170a sive.rs/site/richand -rw-r--r-- 3.3 KiB
89db8a0d — Derek Sivers formatting 4 months ago
                                                                                
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<title>How I got rich on the other hand | Derek Sivers</title>
<meta name="description" content="I don’t usually talk about money, but a friend asked me what it was like to get rich, and he wanted to know specifics, so I told him my story.">
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<div class="blogparent"><a href="/blog">Articles</a>:</div>
<h1>How I got rich on the other hand</h1>
<small>2019-10-30</small>
  <audio src="https://m.sive.rs/sive.rs.richand.mp3" preload="none" controls="controls"></audio>
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<p>
I don’t usually talk about money, but a friend asked me what it was like to get rich, and he wanted to know specifics, so I told him my story.
</p><p>
I had <a href="/xn">a day job</a> in midtown Manhattan paying $20K per year — about minimum wage.
On weekends I would earn $150 per day performing circus shows for kids, though I’d spend about $50 in bus fare to get to the gigs.
I was sharing a three-bedroom apartment with two other roommates in Queens, so our rent was $333 per month each.
I made peanut butter sandwiches for three meals a day, and at night maybe some eggs.
I never ate out, and never took a taxi.
<strong>
My cost of living was about $1000/month, and I was earning $1800/month.
I did this for two years, and saved up $12,000.
</strong>
I was 22 years old.
</p><p>
Once I had $12,000 I could quit my job and become a full-time musician.
I knew I could get a few gigs per month to pay my cost of living.
So I was free.
<a href="/nq">I quit my job</a> a month later, and never had a job again.
</p><p>
When I finished telling my friend this story, he asked for more.
I said no, that was it.
He said, “No, what about when you sold your company?”
</p><p>
I said no, that didn’t make a big difference in my life.
That was just more money in the bank.
The difference happened when I was 22.
</p><p>
It’s not how much you have.
<strong>
It’s the difference between what you have and what you spend.
</strong>
If you have more than you spend, you’re rich.
If you spend more than you have, you’re not.
If you live cheaply, it’s easy to be free.
</p><p>
Magicians wave one hand around to get your attention, while the other hand does the trick.
To be smart, watch the other hand.
</p>
<img src="/images/magichands.jpg" alt="magic hands">

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