This post is part of the series on The 4-hour Workweek book review.

“It’s about time this book was written. It is a long-overdue
manifesto for the mobile lifestyle, and Tim Ferriss is the ideal
ambassador. This will be huge.”
–Jack Canfield
Co-creator of Chicken Soup for the Soul®, 100+ million copies sold

Chapters: Cautions and Comparisons
Page: 23-28

Timothy spells out the difference between the New Rich (NR) and the Deferrers (D). He points out that the deferrers are those you save it all for the end only to find that life has passed them by.

Even the words they use are completely opposite: (just list a few here, refer the book for complete list)

D: To work for yourself
NR: To have others work for you

D: To work when you want to
NR: To prevent work for work’s sake, and to do the minimum necessary for maximum effect

D: To retire early or young
NR: To distribute recovery periods and adventures (mini-retirement) throughout life on a regular basis

D: To be the boss instead of the employee
NR: To be neither the boss nor the employee, but the owner

The list goes on and what I think is …”Tim Ferriss, you are definitely right!”

He goes on to elaborate that money value is depend on the “freedom multiplier”, depending on the number of W’s you control in your life

  • What you do
  • When you do it
  • Where you do it
  • and with whom you do it

80-hour-per-week, $500k-per-year high level executive us less “powerful” than the employed NR who works 1/4 hours for $40k, but has complete freedom of when, where, and how to live.

So the New Rich is about having the options to choose and control. This chapter ends with two real life example of a 21-years-old gold medalist athlete, and a pair of young parents who sailed around the globe with 3 children.

My View

This chapter opened my eyes to see how a person can choose to live life to the fullest. It is not about the amount of money we can save now, and defer it for later use. It is not about the sacrifices we have to withstand now just to earn a little bit more money.

The lifestyle of the New Rich is about having the freedom of time, space, and money, now not later.

Previous 4-hour Workweek Posts

If you missed my previous post about The 4-Hour Workweek, here is the list:
The 4-Hour Workweek: Doubters Read This {Book Review}
The 4-Hour Workweek: My Story & Why You Need this Book {Book Review}
The 4-Hour Workweek: Chronology of a Pathology {Book Review}

In short, this is one of the few books that hook me to read on just after the first chapter. I will be writing a series of the concept and ideas presented in this book on every Thursday. Stay tuned. If you can’t wait any longer, get your own copy of The 4-hour Workweek on Amazon.

(This book can’t be found in Malaysia, none at Popular Bookstores, MPH, Times nor Borders. If you really managed to get a copy of this book anywhere in Malaysia, please share with us in the comment.)

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Personal finance author and trainer

    2 replies to "The 4-Hour Workweek: Cautions and Comparisons"

    • KCLau

      I saw it at two places in Penang recently:

      1. Borders Queensbay Mall – got more than 5 copies.
      2. Popular Gurney Plaza – only saw 1 copy on the shelf.

    • FK

      hi kc, i have managed to find the book in borders bookstore in the gardens mid valley, hope that helps other readers, selling for RM75.90

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