$10 Million Life Changes

The $10 Million Exercise is a thought experiment to help clarify your true priorities and desires in life. Here's how it works:

Purpose of the exercise

• Identify what truly matters to you beyond financial constraints
• Recognize that many life improvements don't require extreme wealth
• Gain clarity on personal goals and values

How to conduct the exercise

• Imagine you suddenly have $10 million
• List specific ways your life would change
• Be detailed and concrete in your descriptions
• Focus on actionable changes, not vague concepts

Key insights from the exercise

• Most desired life changes are achievable with much less than $10 million
• Many improvements require only $1-5 million or even less
• Helps differentiate between necessary and luxury expenses
• Reveals priorities that money can't directly buy (relationships, purpose, etc.)

Common realizations

• Desire for more free time or flexible work arrangements
• Interest in pursuing hobbies or passion projects
• Emphasis on health and wellness activities
• Focus on experiences rather than material possessions
• Importance of personal growth and learning

How to use the results

• Identify immediate changes you can make without waiting for wealth
• Set realistic financial goals based on your true priorities
• Reassess current spending habits to align with revealed values
• Use insights to guide career and life decisions

Benefits of the exercise

• Provides motivation by connecting current actions to long-term goals
• Helps overcome limiting beliefs about what's possible in your life
• Encourages creative thinking about lifestyle design
• Promotes gratitude for aspects of life already aligned with your ideal

Cautions

• Avoid getting stuck in fantasy - focus on actionable insights
• Remember that extreme wealth isn't necessary for a fulfilling life
• Don't neglect non-financial aspects of well-being