Monday, June 18, 2018

Let the Future You Be Happy

Many have questioned my goal on retiring by 35. Some consider it ludicrous and some may smile and nod but think that it is impossible.

I think otherwise, of course. Why else would I commit to this journey?

Yet, there is a part of me that nags at me about whether its possible. Self doubt, you see, can be a great impediment to choosing to retire young. That, and of course, many people who have failed to do so. 

Money talks. Thats the name of the blog. I like this particular explanation of the phrase, which is that of "Money gives one power and influence to help get things done or get one's own way." While some people may scoff and wonder if it is actually possible to retire so young, the whole point of me being on this investing journey is that I want the future me to be glad I did this, so that when future me wants to do the things he desires, he can choose to do so. 

In life, there are so many objects, activities, luxuries that call out to you every second of the day. We are attracted by the Rolex watches, the Kate Spade handbags, the Adidas kicks, and yet we fail to realize that at the end of the day, all these things don't matter. Spending a few thousand dollars, possibly a majority of your salary, to buy luxury goods oftentimes seem crazy to me. I cannot fathom working 40 hour work weeks, day after day after day, just so I can have a watch that tells me time, (or honestly, for many, to show off their "wealth"). To me, money is essentially obtained by trading our time. It does not matter whether we have a job being a cleaner, or earning tens of thousands as a banker, but time slowly ticks away, and by the time we might want to spend the money we have earned, it may be too late.

We trade time for money, and we end up spending our time on random things that most of the times don't really add value to our lives.  The rich man does not need to flaunt his wealth; it is obvious most of the time, through his actions, his command oftentimes in his business. Honestly, why the need for a Rolex?

Many love shopping due to the fact that it can be a good escape from the humdrum of working. Some like to eat at expensive restaurants, because it can be a great escape from working hard for the week. I will not deny that there is an appeal to shopping and dining my days away; they are luxuries, and can be enjoyable to a certain extent. I just, however, would want to ensure that my future self is happy too. I would buy a cheaper watch, if it means that the money could be used in buying my house. I would skip a expensive meal, if it means I had the time to sit back and just relax at home because I have retired early. To me, retiring early is the essence of choosing to no longer trade time for money, and to better use this time to enjoy my life. In the mean time, though, I choose to invest, to use my money as prudently as I can, while still spending enough to make myself and my loved ones around me happy. Someday, hopefully, with the dividends and the returns from my portfolio, I can retire and sit, and just have a nice cup of tea at 3pm somewhere that is definitely not my office.

I would spend enough to make my present self happy, but always make sure that my future self will be satisfied too.

1 comment:

  1. Do you need a quick long or short term loan with a relatively low-interest rate as low as 3%? We offer business loan, personal loan, home loan, auto loan, student loan, debt consolidation loan e.t.c. no matter your credit score. We are guaranteed in giving out financial services to our numerous clients all over the r world. With our flexible lending packages, loans can be processed and transferred to the borrower within the shortest time possible, contact our specialist for advice and finance planning. If you need a quick loan contact us at email: muslimgroupofcompany@gmail.com
    call or add us on what's app +1 647-489-4414
    Please, do provide us with the Following information If interested
    1) Full Name:.........
    2) Gender:.........
    3) Loan Amount Needed:.........
    4) Loan Duration:.........
    5) Country:.........
    6) Home Address:.........
    7) Mobile Number:.........
    8)Monthly Income:.....................
    9)Occupation:...........................
    )Which site did you here about us.....................
    Thanks and Best Regards.
    email : muslimgroupofcompany@gmail.com
    call or add us on what's app +1 647-489-4414

    ReplyDelete

On the topic of failing

More a personal thought than any. I recently have been going through some difficulties at work and also in my personal life. It was not fu...