Slow and steady wins the race. That’s the mantra I’ve had since starting this site. It’s the idea that I know big results take time and patience. That making gradual but continual progress will get me to where I want to be. The question is, where do I want to be? Am I heading in the right direction?
There were 4 aspects about my journey that were important to me when I started to write; being generous, being healthy, consuming less and experiencing more and achieving financial independence.
Whilst being healthy and consuming less in favour of experiences can have a positive effect on your finances, sometimes those areas need investment that might otherwise have been dedicated to the financial independence goal. Being generous seems particularly at odds with dreams of financial independence, and yet, it doesn’t seem right to hoard money or not share my time with those that need it now. Ultimately, helping others feels good and helps me be content with my current life.
If I’m honest with myself, financial independence isn’t the ‘be all and end all’ I once thought it was. I’m surprised that, in realising FI isn’t everything, my mental health is so much better and I have a healthier (and less obsessive) relationship with money.
However, being able to have a healthy relationship with money and good mental health relies on me having at least enough money for at least my short and medium term basic needs.
My savings are automated and I review my investment and pension contributions regularly, nudging them up when I can. That is going to carry on, giving me increased financial security and letting me put my time, energy and money into pursuing the other things that are important to me whilst the going is good, whilst providing adequate shield for when the going is tougher.
Pause for a moment
We tend to think that we must keep forging ahead. However, if you’re lost in the woods, keeping going can get you even more lost. It’s a good idea to pause for a moment, now and then, to make sure you’re going the right way!
Thanks so much for reading if you got this far. I know I’ve been quiet for long spells this year, partly whilst I work out where I’m going, and partly because I’ve been loving spending time and energy with my friends and family. The virtual world and writing is awesome, but I’m lucky to have an even more awesome real world!
How are you all doing on your journey? Leave a comment and let me know!