As financial moderation will bring you freedom
Get Rich / / December 20, 2019
Financial moderation - this is not a manifestation of greed and permanently deprived. Imagine that every ruble spent - it is a choice between one thing you buy, and the opportunities that you are deprived. Start spending less, you make a conscious choice in favor of freedom.
Marketers have convinced us that for all the really valuable things in life you have to pay. It does not cause us to doubt, because who does not like an interesting trip, good food, good clothes, comfortable furniture, modern appliances. Who do without gifts for the family, without a home, without a car?
But do we realize that we are losing, wasting money on these things? If we knew that our daily expenses They deprive us of the most important in life - time and freedom of action - we do not dare to change their approach to waste?
How moderation will return you to the professional freedom
Very often we are so dependent on wages at the current place of work, which do not dare to do interesting work, if it seems to be less profitable. Financial moderation will give you the chance to refuse work that brings you a sense of satisfaction and happiness.
If we start to spend less every month, we will be able to accumulate a certain amount of money and choose the work that we are interested in, even if paying for it less. This concept is called F-You Money (literally - "yes-gone-you-money"). Its essence is that, possessing a certain amount of money, which will be enough to maintain a desired standard of living, we can at any time "Send" their workIf we are in it that is not satisfied.
More important for moderation so-called rule 173. Thanks to this rule, we can calculate how much we have accumulated over ten years, if you cut spending in any area, and will instead invest the savings. In this case, the basis for calculation is taken the rate of return of 7-8%.
For example, if we reduce the monthly cost of at least 1 000 and calculate by rule 173, it turns out that we can save 173 000 for ten years. A good reason to think about their spending.
How moderation will return you to your life
Think about what else you would like to devote my time, but work. Remember, what is especially important for you in life. Financial moderation helps you find time for hobbies.
If nothing immediately comes to mind, here are some options:
- more time with their children;
- more time to exercise;
- more time to make healthy choices;
- more time to travel;
- more time to be creative;
- more time to volunteering and helping non-profit organizations;
- more time to open their own business.
If you want financial moderation really bring freedom to determine which classes fill life with meaning for you personally. Take a pen and paper and make your list.
Important questions
Of course, all this is not as easy as it seems in theory. There are no rules that would suit everyone. But do not simply brush immediately the idea of a financial moderation as untenable. Think, really think about how you can change your approach to expend. Will help you to understand the following questions.
- What are the costs you could cut?
- From what you are not willing to give up, even though the economy?
- What objections you immediately come to mind when you think about moderation?
- Do you have any superstitions related to financial sobriety?
- As the pros and cons of moderation will affect your life?
What do you think about the financial moderation?