Financial security and choices

Six or seven months ago I had lunch with one of my good friends. At lunch, she told me that she had a potential job for me at the company where she works. In September when I got back from holiday, she emailed to confirm that I wasn’t working yet – and again in October, and November… Finally, in December the job got the green light and I’ll be starting in a week or so. Hooray!

Along the way I started to lose hope that the job would come through. I had promised myself that once I got to the cut-off threshold of $10k in my “not working savings account” that I’d start looking for something short term just in case this contract didn’t come to fruition. That amount represented about 6 months of non-working expenses – 8 or 9 if I cut back to bare bones. For whatever reason, $10,000 is a kind of magic safety number for me. So at the beginning of September, I was sitting pretty at around $25,000.

Then I bought a new vehicle. Then I kind of lost a bit of control around Christmas buying stuff like makeup, a fitbit (best self-Xmas present ever BTW and first time I’ve actually lost weight over the holidays), new luggage for a cruise in February since I’m too cheap to pay for checked baggage…

About a month ago, little things started to bug me. The sound of the furnace kicking on every half hour, the gas mileage indicator on the new vehicle, that crazy triple mortgage payment in December, the stock market (ok, that was a big thing)… I started hoarding groceries again in preparation for an apocalypse…

Right before Christmas, I got another contract offer from someone else I used to work with where I could earn about 2-3 times what my friend’s job pays. (Why does this happen anyway?)  Even a couple of years ago, I would have gone for the one that paid the most because it would mean more money earned to save up for more time off.

But now that I know that I’m not really that great at dealing with large amounts of free time, I’m taking the one that I think I’ll do the best at and will satisfy more of my other needs.

Things like:

Unlike Jacob’s at Early Retirement Extreme’s un-retirement plan, I’m not planning on keeping up a Spartan-ish budget. Sometimes it’s a good thing not to have a reputation to uphold. Saving 50% is a nice round number and I’ll focus a lot more on conscious spending that makes life easier and more fun.

I even made a spending spreadsheet. ;-)

Yay house cleaners again!

59 Seconds to Financial Goals

I've enjoyed every one of Richard Wiseman's books - the latest being 59 Seconds. There's so much nonsense advice handed out in the self-help world nowadays (and it's been made worse by *some* bloggers IMO), it drives me crazy.  Books like 59 Seconds or research-based blogs like PsyBlog (who has had a

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Quick and (sort of) dirty retirement calculators

Oops, I don't mean "retirement" calculators - since use of the R-word is fraught with controversy.  Let's call them financial independence calculators. Besides, I don't even have a category called "retirement", only "financial independence". Here's an offering for Canadians from the Globe and Mail: http://www.theglobeandmail.com/pages/retirementplan/ This nifty little tool also allows you to ...

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Running the Numbers

I have a problem with OCD. That stands for "Obsessive Compulsive Doodling." Bill at Credit Card Assist put together a very complimentary interview with me over on their site for their Best of the Best Blogger series – here it is: Interview with me. In the interview, I suggested that people at least ballpark their ...

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Decorating is kinda expensive

Who knew? Well, you all probably knew this, but I didn't. I've just never done it before. I think I'd be happy living in a cave – as long as that cave was lined with bookshelves. The key is useless things Apparently decorating is made up of useless things that serve no purpose and they have ...

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Books… a good addiction is still an addiction

The major project I'm taking on during this time that I have off is to finally declutter everything that I've put off decluttering for the last – oh – lots of years. Fortunately, there hasn't been a build-up of crap in the last 12 years or so since I kind of generally just stopped buying ...

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Maybe money’s not that into you…

Or stuff. Or experiences. Or something. I was driving with my son recently and asked him… "so… if I went back to work and made a fair amount of money, what should I do with it?" He said "I don't know – buy a new TV?" Well, he's 23 - what else would you expect him to say?  Nope, ...

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