Learning to be happy with what we have is on of the keys to long-term happiness. Money is only a tool to a better and happier life. Never forget this. Part of the reason why so many people are unhappy is because they are never satisfied.
If you can find your ikigai, your “reason for being,” you will find more happiness and be more content.
Learning To Be Happy With What We Have
While cleaning up the FS Forum application spam I had a realization. For the past eight years I’ve been happy with what I have.
Before 2005 I was restless because I still needed to prove myself at work and make sure I wasn’t a failure by age 30 in two years time.
The 1997 Honda Civic I was putzing around in wouldn’t do so I upgraded to something nicer within the 1/10th rule. Even my condo I had so proudly bought on my 26th birthday began to feel insufficient after a couple years.
After turning 28 things just clicked one way or another. A promotion a year earlier provided the confidence to buy my current house. Moose was also rescued off Craigslist the same year after his owner rushed to Amsterdam for a job transfer. I’ve faithfully taken care of him ever since, most recently buying him a new power steering pump for a pretty penny.
Meanwhile, I already found the love of my life, which is more important than all the money in the world. I’ve seen colleagues never find anybody because of a busy career or simply bad luck. Some admitted they’d give up their fancy titles and riches just to find someone. They wished they worked harder on love instead of career.
Achieving A Steady State Of Happiness
Since 2005 I’ve also gone from making a lot of money to making much less, yet my consumption habits have not changed. Perhaps it’s because I only lived off 30% of my income for the past decade.
I’m probably more happy now because I don’t have to ride the bus into work anymore and deal with all the pressures to produce. Then again, I can’t remember when I wasn’t happy even as a broke foreign exchange student sleeping on a wooden plank in the middle of summer with no AC.
I’ve driven the same car and have lived in the same house all this time. I even wear the same jeans from 14 years ago along with a bunch of other clothes. I sure do love my REM concert t-shirt from 1995. What fun memories.
Other than splurging on annual two week international vacations, there’s really nothing more I want. I’m starting to wonder if there’s something wrong with me given we’ve all grown wealthier during this time period.
Shouldn’t we desire more things the more we have?
Still Learning To Be Happy With What I Have
I thought I’d have the answer by the time I finished this post, but I don’t. Perhaps we humans are quite simple. All we need are the basics for survival and anything more doesn’t move the needle for very long. We always revert back to our steady state after every milestone.
I’ve learned to be happy with what I have, yet I don’t have many lessons to share. The desire for status fades as we become more financially independent. We become more aware of our mortality the older we get. The immaturity of our 20s goes away. We do things we think will lead us towards more happiness, and aggressively stop doing things that create despair.
At some point whether it’s at 28, 38 or 68 we’ll look back and realize we’ve been satisfied for a very long time.
As a father now, the biggest joy I experience every day are my two young children. They are the best! I wake up every morning eager to give them great big hugs.
In order to be free to do so, I’ve been focused on creating as much passive income as possible. Passive income is what will enable me to stay free.
Resources For A Better Life
Negotiate A Severance Package. Never quit your job, get laid off instead if you want to move on. Negotiating a severance package provided me with six years worth of living expenses to help me focus on my online media business. Check out my book, How To Engineer Your Layoff: Make A Small Fortune By Saying Good-bye. The book provides solid strategies for how you too, can escape a job you hate with money in your pocket.
Looking to go on a nice vacation? I’ve got a fantastic five diamond rated two bedroom, two bathroom condominium at The Resort At Squaw Creek in Lake Tahoe. There’s ski-in/ski-out, three outdoor hot tubs, three heated pools, a spa, a gym, several gourmet restaurants, fantastic children and family activities, a golf course on site, amazing hiking, kayaking, rafting, fishing, biking, and more! Lake Tahoe is one of the best places to vacation on Earth.
You can rent out my place as a studio (two queens), one bedroom (one king, a pullout queen, fireplace, two TVs, kitchenette, dining table, two rooms), or entire two bedroom unit (studio and one bedroom combined). Click the links for availability and click this post to see pictures and information about my place. My prices are ~15% lower than anywhere you’ll find online!
Time to live it up a little now that we’ve fully recovered from the financial meltdown. In fact, I plan to re-retire shortly and stop the grind forever.
Photo: Hearts Of San Francisco, Downtown Embarcadero. FS.