The other day I was walking around with my sister when the topic of money came up. I told her how I didn’t really like to spend money on things that I didn’t need. This was when she asked me the following question: “Why do you worry about money so much? Money doesn’t buy happiness” I thought about the question for a split second and replied, “It doesn’t buy happiness, true, but it does buy freedom.” Her reaction was priceless. “Woah. You just blew my mind.” The funny thing is, a lot of people don’t look at money in this manner.
While it is true money doesn’t buy happiness, it gives you freedom to do what you want. If you are fortunate enough to save enough money, you will be financially independence. As a result, you will be able to “retire” from work a lot sooner than your counterparts. Instead of sitting in traffic five days a week on your morning commute for forty years of your life, you will be able to sit back and live life the way it’s meant to be lived.
For me personally, I don’t want to be a part of the 9 to 5 until 65 club. I plan on achieving financial independence a lot sooner than that. I want to enjoy my life as much as I can. I want to have the ability to travel. I want to spend as much time with my future children and spouse. I want to be in control of money, not let it control me. In order to do this I have to make some sacrifices, and I am perfectly content with that.
What is your view of money? Are you in control of your money or do you let it control you?