Sometimes I ask myself why working all the time to make all this money.
What is my purpose?
I don’t really care about reaching a million
Yes, I put it as my goal to reach financial milestones, but I couldn’t care less about the actual number.
I don’t want to even own a fancy mansion, a boat and 2 luxury cars
I don’t want to buy a home at all, let alone a mansion. I may consider buying property, but not as a residence to live in.
As for the boat, I get seasick and 2 cars? Perhaps 1 car, reasonably priced.
So what the heck am I saving all this money and working so hard for?
Two words: Time and Choice.
I am doing all I am doing — living on less, working, and saving my money so that I can have more time and more choices available to me.
CreditLike wanting to be able to nap any time I want.
MORE AVAILABLE TIME
I already have more time. I need to work 2 months a year to pay for 12.
As it stands, I usually have 10 months free to do whatever I want, after earning what I need.
How is this possible?
- I have a great job as a freelancer that I work hard for
- I spend as low as I comfortably can
- My money goes farther
The freelancer job is not replicable by many, but just seeing how much you need to live on can make you realize how much you actually need to work.
MORE CHOICES
I want to be financially secure so I can tell any employer I dislike: Thanks, but no thanks.
Being a slave to a job (even one that you love to do), is never a win-win situation.
There are always other options out there, but they’re limited if you don’t have the means to explore them.
I’ve mentioned not needing as much money in a year to live, and I stand by that.
I make and save what I need to live comfortably so I can choose to do what I want.
I need less to live, so therefore the money I save can not only go farther but I know that in any given year, I am able to pay for my living expenses picking up minimum wage jobs if need be.
$10.25/hour minimum wage in Ontario x 2000 hours in a year = $20,500.
In 2010, my personal expenses were $21,284.65 and that included traveling and perhaps too many electronics.
I can still do better than that but I haven’t felt the push to have to do so. Sorry, it’s true.
Wealth brings time and freedom of choice to do what you want with that time.
YOU WANT TO BE WEALTHY? WHY?
Remember that money is just a tool.
Ultimately if you focus on money and your growing bank account, but you don’t really know what you’re working towards, then there’s no point.
Have a point.
Have a goal and an idea of what it is you are working towards.
Just a girl trying to find a balance between being a Shopaholic and a Saver.
I cleared $60,000 in 18 months earning $65,000 gross/year.
Now I am self-employed, and you can read more about 
I use to save strictly for material comforts, as I get older my priorities changed. I save now to have choices. I save to make sure my child doesn’t have to make crazy choices. I save to make a difference in my family future
Like you I want freedom.
I don’t really care for the corporate world. It reminds me a lot of school, with so many rules, and bosses to please. And anyone is replaceable, from the CEO to the accountant to the receptionist and janitor. My aim is to reach a place of financial independence. I’m not sure if I can reach that but I’m aiming to, it’s my goal and that’s what I’m working towards.
I’ve seen people work past the age where they can’t retire and I don’t want to be that person. Studies have been done that after a certain income usually around $70-100k that for most people more money doesn’t make much of a difference.
I don’t have expensive habits/hobbies, no debt, so I think that helps out a lot. I’ve thought a lot about what is “enough” for me without feeling deprivation. It helps that I’m a minimalist. I know that marketers work hard so that we buy brand name stuff, but no amount of brand name items are worth enough for me to work one hour more of work. =)
Completely agree with your post. Making as much money as possible is about freedom, just like you said. Freedom to come and go as you please and live life to the fullest. Once people concentrate on working to become wealthy and own material things their personalities rapidly change and their happiness tends to fly right out the window.
Hi, I love reading your blog. I live in Australia, which is fast becoming one of the most expensive place to live. Your blog has been giving me the encouragement to reach my personal financial goals. Thank you 🙂
Love it when we put the personal back into personal finance. Enjoy your awesome vacation. You’ve earned it!
Agreed! Our place is like 300sqft. Why? Because it’s cheap. Having money means having options and having options is the best thing ever.
I feel the exact same way. I was just telling a friend that I don’t want to bring any more stuff into my place. It’s not cluttered and I want it to stay that way. Having a bunch of stuff just doesn’t do it for me.
My main objective for skimping and saving is the same as yours – to have freedom and choice. Sometimes people get on my nerves. I don’t want to answer to or be governed by an employer, customers, or significant other. At ANY given point in time, I want to be able to quit my job, fire my customers, and leave a bad relationship without worrying about the financial consequences of doing any of these or all three simultaneously.