To choose one thing means to give up another...
I often come face to face with people who are the antithesis of how I have so far chosen to live my life.
"YOLO" they say. (*you-only-live-once)
"Spend a little, why if you get hit by a bus?" they say.
"You should spend more, you can always make more" they say.
"How can you live like that?" they say.
... but what can you do?
That's what it means to live.
We all make our own choices about how to live our lives based on what we believe in our heart of hearts is the best way to live our lives. It's really that simple, isn't it?
Many people will disagree. Some things are more important in the immediate future than following our hearts.
Money for food and shelter, security and safety, survival, the happiness of others under our umbrella.
Every time we say yes to one thing, we are saying no to something else. We can't have it all.
How often do you say yes to something that you don't really want? Where you said yes as a compromise to what you truly wanted.
What made you make the other choice?
Sometimes the other choice is the right choice when you are making the choice for your family, but you would make a different choice if the impact only affected you.
I turn the heat up when my wife comes home from work, so that she is comfortable after a long day at work. If I were single, I would save the little bit of heat and money. I gladly would be married and spend a few extra dollars on heat than be single with a few extra dollars in my pocket.
Save Money Retire Early
It's a choice. A life choice I've come to embrace.
The alternative choice would be to give into the antithesis of "YOLO", "Spend a little, why if you get hit by a bus?", "You should spend more, you can always make more", and "How can you live like that?".
The reason I made this choice was that I like thinking long-term. I don't know if I will live to an old age, but I am planning for such an event.
I want to be able to make the choices that make my heart comfortable. And the only way I can do that is if I am financially independent. When I don't have to make decisions based on whether it will make money or not.
We chose to buy our house in part because of financial considerations. But we would not have made this decision if money wasn't part of the equation.
Money often changes decisions from one thing to the opposite thing.
At the beginning, it's a fair compromise. But that's not how I want to live my life. At least not forever.
That's why I have made this choice. To save so that I can take money out of the equation.
Is this a worthy reason to save?
Save Money Retire Early is written by Jon Lo, a barely 30 something change optimist, and personal finance guy. I believe anyone can be rich or poor, it's what you save that makes the difference.