How many hours did you have to work to buy your food for today? How about how much do you work to pay your bills for the month? When was the last time you went on vacation? Are you working a bunch to afford a lifestyle, which costs you life experiences? These are all trade offs you have to make in life. Every action has a reaction, so make sure you’re happy with the action you’re choosing.
Some things I do not think a lot of people think about. On our way to keeping up with the Joneses, we tend to do things because other people are doing them. My first example is a car payment. The average car payment for a new car is $734 a month and the average car payment for a used car is $525. A lot of those loans are 5-6 years. Think about that for a minute, how many hours a month are you working just to pay for your car. Say, if you did not have a car payment, you could have between $6300 and $8808 to take a vacation, buy other things that may mean more to you, or invest in things, which could help you get cash flow or help you retire sooner.
That is one example, I am willing to bet there is a bunch of those you could identify. Lets think of the next thing, are you trading time for money? Are you working hourly or salary and trading your time for money? If so, there is only so much output you can have. This also is dependent on you being able to work at all times. Another option would be trading time for money, saving up, investing in assets to let your assets make money for you. If you can acquire enough of the right assets, you could replace your income and free up all that time.
Last one I will give, what is your screen time per day? The average in the US is 7 hours and 3 minutes a day. How insane is that!? People now a days are putting in a full work day on their screens. What could you do with that time? Hang out and be present with family or friends. Maybe go for a walk or exercise. Start a new hobby or partake in a hobby you gave up. Invest a little more time at work, to speed up your process of replacing your income with cash flowing assets.
We are so great at being distracted but if we stop to pay attention, is what we are doing worth the trade off? I think most of the time, we will realize it is not.
Go out, be present, ask yourself if your action is worth the reaction.
Your life Tutor
-Shaun Tutor
Tutors of Life 