What’s In This Email

• Break free from hustle culture

• ‘Soft life’ is cool, but have you heard of ‘soft saving?’

• The billionaire social calendar

• This job requires no degree or experience

• Notable spotlight: Mascot Brewery

• Notable plug 🔌

✍️ TAKE NOTE

Hustle culture's not your fault. If you don’t want to live this way anymore, here's what to do

In today's fast-paced world, the hustle culture has become a dominant force, often pushing individuals to equate their self-worth with their job titles and productivity. Simone Stolzoff, having navigated various career paths, delves into the concept of "workism" and its implications. Through his insights, Stolzoff offers a fresh perspective on redefining one's relationship with work and pursuing a balanced life.

Key Takeaways

• Simone Stolzoff's Career Journey: Stolzoff explored careers in advertising, tech, journalism, and design, seeking a job that would define his identity.

• Concept of Workism: Coined by journalist Derek Thompson, workism is when people look to their jobs not just for income but also for community, purpose, and meaning, similar to religious beliefs.

• Origins of Workism: The American culture of constant striving is rooted in the Protestant work ethic and capitalism. The decline in participation in organized religion and community groups since the 1970s has also contributed to the rise of workism.

• Consequences of Workism: Many face the pressure to overwork due to the potentially dire consequences of losing a job.

• Addressing Workism: Stolzoff suggests establishing a work-life balance, decoupling basic human needs from employment status, and creating structural rotections for leisure time.

• The "Good Enough” Job Concept: Inspired by the "good enough" parenting theory, this concept encourages individuals to find jobs that support their lives rather than letting their jobs dictate their lives.

• Redefining Success: Stolzoff emphasizes”the importance of having multiple "containers" or metrics for success in life, allowing for a more well-rounded and balanced existence.

Say goodbye to retirement? A ‘soft saving’ trend is emerging among young people

Financial security has long been synonymous with aggressive saving, and a new trend is emerging among the younger generation. Dubbed "soft saving," this approach sees Gen Z prioritizing personal growth, mental wellness, and present experiences over traditional saving goals. As this wave of financial thinking reshapes the landscape, it's essential to understand its nuances and implications.

Key Takeaways

• Soft Saving Trend: Younger workers, particularly Gen Z, are leading a trend called "soft saving," which emphasizes spending in the present over aggressive saving for the future.

• Definition: "Soft life" is a lifestyle that values comfort, low stress, personal growth, and mental wellness.

• Investment Approach: Gen Z investors prioritize causes that align with their personal views and seek emotional connections with brands and professionals.

• Saving Rates: Personal saving rates among Americans have decreased in 2023, with a rate of 3.9% in August, significantly lower than the past decade's average of 8.51%.

• Reasons for Decreased Savings: The rebound from the Covid-19 pandemic and inflation are cited as reasons for the drop in personal savings.

• Retirement Views: Only 53% of workers in 2023 believe they are on track to retire with their desired lifestyle. Gen Z, in particular, is uncertain about having enough money for retirement.

• Changing Retirement Definition: The traditional concept of retirement is evolving, with 41% of Gen Z and 44% of millennials considering some form of paid work during their retirement years.

• Spending Preferences: Younger generations are more inclined to spend on hobbies, travel, and entertainment. Gen Z's spending on entertainment rose to 4.4% in 2022 from 3.3% in 2019.

• Financial Stability: While Gen Z may be saving less, they are not necessarily living paycheck to paycheck. Their spending reflects the rising costs of essentials rather than luxury.

@moneywhispers

Billionaires Social Calender Revealed 🗓️✈️ #billionaire #lifestyle #networking #travel #wealth #richpeople #success #money #fyp

@modernmillennialgirl

Not sure why this was flagged before.::: anyway job below! #virtualjob #jobcoach #wfhopportunities #virtualjobs #remotework #nodegreeneed... See more

Mascot Brewery

⭐️⭐️⭐️⭐️⭐️

“Visited for the first time this week and was very impressed. There were great menu options and the food was delicious. Between our group we tried the burger, wings, taco’s and ceviche and they were all really good.
Nice selection of beers as well for many different tastes.
The staff was helpful and very well versed in their menu and beers.
Great atmosphere. We will definitely be back.”

- Larissa M.

mascotbrewery

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🔌  NOTABLE PLUG

🎙️ Get Into It: The Endless Honeymoon Podcast - Natasha Leggero and Moshe Kasher, married comedians, are using their hilariously hard-won wisdom on relationships and building on their hit Netflix special to help others by offering love advice to callers while simultaneously examining the ups and downs of their own relationship! Listen on Apple or Spotify.

📄 Notable Hires: Special Projects Manager @ Roots. (on-site, Toronto)

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🧠 Today, We Learned: Michelin started reviewing restaurants so people would travel farther and wear out their tires, increasing their sales.

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ABOUT NOTABLE
Notable Life is Canada's hub for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 46,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.