Posts tagged with "time"
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Rich Or Wealthy?
I consider myself wealthy but not rich. While it sounds like they are two sides of the same coin, there is a subtle difference. One is related to contentment while the other is related to possessions. If you are investing money to buy more stuff, you are trying to get rich. If you are investing to buy freedom, then you are trying to be wealthy. I can keep going, but the Stoic philosophy has as much to say about wealth. The name of the game is to buy freedom not things. Of course everyone needs money, but it is important to understand that happiness isn’t always found in material possessions.
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How To Spend Time
While everyone understands the value of time, very few actually value time. We are careful with spending money, but not careful how we spend time. Have you ever wondered where you spend your time in a day? I read a very nice article on the perspective of time which got me started on writing this post. This is definitely not a repeat or summary of that post. While I touch upon some points written over there, I am going to do an account of how I spend my time based on what is written there. So please read that first.
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Be Prepared For Retirement
There are many reasons one might want to retire early. Some may want to travel, some may want to sit and dream, and yet others might want to work on a startup or hobbies. Whatever the reasons might be, be prepared if the plan does not pan out. But more importantly remember that early retirement is not for everyone. I know a lot of people who have realized that early retirement is not for them. They don’t know what they would do if they retire early. For them, work is the thing that keeps them busy. That is a very good reason not to retire early and I am glad these people have a clear idea. While a few others want to retire early because the thought of freedom to do whatever you want sounds nice, or they are in a very stressful job. These kind of people can land up in trouble if they don’t have a plan.
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How I Waste My Time
You know, in a typical year after retirement, I noticed that I have been working on some repair or pet project at the rate of 1 or 2 per month. I don’t like to explain all of them, otherwise this blog will be just that – my repair/project blog. But once in a while I feel like I should write about these small projects. Otherwise many keep wondering what I do after retirement and how I am able to spend time. Generally I just tell these folks that I am busy with my family especially my daughter since she does not attend school (unschooled). After hearing this, most stop asking any more questions. It is not that I am working on any top secret projects. Just that these small project don’t qualify as something to write or talk about them.
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Change Habits For The New Year
It is almost the end of the year and it's time to reflect back on 2020. What is the progress on your goals if you made any at the start of the year. Did the events during the year upset your plans? What impact did COVID have on you? Did you come out stronger? Learned something new that you never thought about earlier? Usually I reflect back around this time of the year and make note of my achievements and failures. The details of which will come out next year as usual in my year in review series.
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Money Is Infinite. But Time Is Limited
I used to have a comfy and very well paying job until I decided to retire early in 2018. I can't imagine why anyone would give up such a good job and ridiculously good benefits that I used to enjoy at work. But at some point in life, it is conceivable that one could slip into philosophy. That happened to me. Money has never been a primary motivation for me, but it did enjoy some importance in my life. After my philosophical journey, money seems so insignificant and unimportant. Don't get me wrong. You need a handsome amount of savings to even consider early retirement. But having made enough, even more money did not make sense at all.
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