Glossary
Money Is No Object
"Money is no object" is a state in which money no longer influences or restricts your decisions.
It is achieved through a shift in mindset, not through a balance in an account.
The origin
W. Michael Hsu's father retired at 46 and left an estate worth several million dollars.
For over a decade he talked about restoring the koi pond at the family home and never did, because it was "too expensive." The actual cost was about $3,000.
He sat by that pond for the last few months of his life, and it was the happiest he had been since his diagnosis.
The lesson
If $3,000 can keep a wealthy man from something he genuinely wants, then wealth was never the mechanism.
The state is reached by seeing money accurately: as one of the Three Elements, a resource that trades for other resources or for happiness. No one brags about how many hammers they own.