Money is a Tool

When I started my journey towards being debt free, it was because I realized that I am tired of working for ‘things’ that I often don’t enjoy and/or have the time to enjoy.

My husband works 10 hour days and many times it feels like we are passing ships, greeting each other as we go about our daily routines. We’ve had many conversations about what we want our life to look like, and none of them include killing ourselves working to be able to afford the latest new gadget or the biggest house. I like our current house, but it was never intended to be our ‘forever’ house.

I want to downsize our next house. I want to be able to pay less in bills so we can spend more on things we want – whether that is a vacation, books, a new hobby – whatever.

Our current house is a good fit for our life right now, because my children are still living at home. But once they move out, we will be getting a smaller house. My car is over 10 years old, but it is paid off, and that makes it worth more to me than a newer car with a payment. Would I prefer to drive a newer car? Sure, but I don’t want the ridiculous payment that would go with it.

I was watching a financial YouTuber and she made a comment that has stuck with me. “Money is a tool – not a measure of your self-worth.” I think I’ve gotten so used to thinking about what we’re “worth” that I forget money isn’t everything.

Don’t get me wrong, I know money is important. But it is important because having it enables me to do what I want. Experiences are always going to be more important to me than material things. Do you know what is important to you? Or are you killing yourself trying to keep up with the Joneses?

I wonder sometimes if the ‘instant gratification’ culture of today is why so many people are in debt. No one wants to spend time saving up for a purchase, they just want it right now. So what if they have to pay 25% interest on the credit card to buy it?

I’ve tried to instill in my kids the need to budget and save and to consider the future. For example, my oldest wants a new pet desperately. So I’ve had several conversations with her about how expensive pets can be. Our last pet needed back surgery ($3K) as well as the routine costs for things like shots and grooming. Even though it was HER dog, WE paid the bills. (She got him as a gift when she was little.)

While it would be nice to have a pet, I’m not ready to get another one right now. And since she still lives with me, she isn’t getting one either. Although she isn’t happy, she understands the reasoning. Her money right now is better spent saving up for when she is ready to move out and live on her own once she is done with college.

I think people would be happier if they thought of money as a tool to help them achieve their goals and desires, rather than money being a goal itself. After all, you can’t take it with you. 🙂

Facing My Fears

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Credit: Pixabay

It’s a strange time in the world right now.  However, it’s reminded me of something I forgot – your time on this earth is limited.  And no matter how much money you have, how many things you own – you can’t take it with you. I learned that lesson the hard way 10 years ago.

Since then, my focus has been on family and experiences.  Family and precious memories will keep you warmer and happier than any amounts of wealth ever will.  That’s not to say that money isn’t important – of course it is.  We all have physical needs – food, shelter, clothing.  But no amount of money can give you a hug when you’re feeling down, or make you laugh when you feel like crying.

Right now, we’re finding out just how much we as humans need that social interaction – even those of us who are introverts. 😀  I haven’t seen my sister in over a month – we talk almost every day, but we haven’t seen each other in that amount of time.  It’s crazy.

I’ve had a lot of time to think lately (probably too much), but I realized I lost sight of what is important to me.  We get so caught up in being ‘busy’ that we don’t realize we aren’t really getting anywhere or doing anything important.  We all have dreams and aspirations, but those get put on hold while life gets in the way.

I want to open my own business, but I’ve been letting my own fears hold me back.  What if it fails?  Am I crazy to launch a business in the middle of a global pandemic?  Should I save all our money instead of spending it on something that might not work?  Can I learn how to manage an online store and all the tech that goes along with it?

We want to move to Canada – our original goal was to retire there, but with my husband’s folks getting older, it seems prudent to move sooner rather than later.  That entails figuring out what my children want to do – do they want to move with us? What does that mean for their college education?  Can we all move together?  Will Canada even let us in?

Lots of questions, lots of fears, not a lot of answers.  But you shouldn’t let your fears hold you back from something you really want.  Will it be easy?  Probably not.  Does that mean it won’t be worth it?  Absolutely not.

So I am going to try and push through my own fears.  I’m going to work on getting that position I want at my current job.  I’m going to work on opening my online store.  And I’m going to work on figuring out how we can all move to Canada together.  There may be stepping stones along the way, and obstacles we have to face, but we can do it.

New Year, New Goals

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Credit: Pixabay

I can’t believe it’s 2020.  I remember when I was younger, thinking that the year 2000 seemed eons away.  20 years past that, I am starting to realize that I am old.  Sigh.

As the new year approached, I found myself thinking about what goals I wanted to achieve in 2020.  I don’t like to make ‘resolutions,’ because it’s too easy to forget about those as soon as you make them.

Over the last few weeks, I was thinking about what I want to accomplish this year – both personally and professionally.  I don’t want to set too many goals and overwhelm myself.  I want concrete, achievable goals – ones I can break into smaller goals so that I can measure my progress.

Goals for 2020

Professional Goals:

  • Launch sticker business officially
  • Create at least 10 products to sell
  • Upgrade WordPress to Premium to take advantage of Simple Payments

Personal Goals:

  • Save $
  • Get fit
  • Be brave

For my professional goals, I want to officially launch my sticker business here on the website.  By upgrading to the Premium plan, I can take advantage of the simple payments options and offer the products for sale via PayPal.  There are other things I will need to do to make this happen, but this will give me more control over my products and sales than I would have on Etsy.

I may still open an Etsy store, but the goal is to eventually have enough traffic to my own site that I won’t need Etsy.  It also lets me avoid the mountain of paperwork that would be required with an Etsy shop.

Before I launch, I want to create at least 10 different products to sell.  The last 3-4 months I’ve been setting up files and products that I can easily adapt for different options to minimize my production time when the products officially launch.

For my personal life, I want to budget more carefully in addition to hopefully bringing in more income with the business launch.  My husband’s parents live in another country and we would love to be able to visit them more often.  We will also be paying college tuition for our children, which will be another large expense.

In 2020, I want to improve my health.  My husband and I would like to travel quite a bit after our kids are done with school, and I want to be healthy enough to do that.  I am making some small changes to start, but I am hopeful that I will be able to stick with them.

Lastly, I want to be braver this year.  I am my own worst critic and I want to try and, if not silence, at least lower the volume on those critical thoughts.  If I fail, at least I tried.  And then I know what doesn’t work.

Happy New Year to you all, and may your year be full of love, light, and blessings.  ♥♥