What race are we in, anyway?

What race are we in, anyway?

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?

My journey

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.

Where next?

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!

 

 

3 thoughts on “What race are we in, anyway?

  1. Ah, this is the second article I’ve read today about previously enthusiastic peeps rethinking their dedication to FI. I wonder if there’s something in the air. The truth is, it’s all a gamble anyway because no one knows how much time they’ve got. So you should always do what feels right at the time. So that you don’t think what if. I think regret – about not saving enough, not living enough, not appreciating the present enough etc – is the only thing that must be avoided.

    Good luck with the pause!

    1. I think it sounds appealing at the time, but if you don’t earn mega bucks, it can be a long hard slog that’s filled with regret. I still want to be able to retire comfortably (and probably a few years early) but there’s is so much to appreciate in life, that you can miss if you obsess over a point 20 years from now. Thanks for stopping by and commenting 🙂

  2. Yes, it’s definitely good to pause and reflect. Sometimes it becomes necessary to resort priorities and it’s important to have a clear head to do so. 🙂

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