As I think back when I was a young boy all the memories come back at random occasions, and a flashback is replaying itself in real time. Have you ever had one of these moments when you look back as if you had a Delorean that actually went back in time. The memories are the only thing we really need to recreate the past. On this special day we celebrate Martin Luther King Day and how content we all should really be. Could we improve every year of course, but at times let’s appreciate the present and how far we’ve come. Today is MLK day and contentment is something not spoken about often enough.
Every year I think about my dreams and how as a kid on this special day we were told stories about a man who wanted more for our society regarding equality. The we have a dream speech was replayed every year since I can remember and it has evolved every year. We all can and should do more to uplift one another in a positive way. Also we need more realistic communications about how to live life in a financially responsible manner. This is a personal finance site so I will now steer the topic back to finances and to make the final point.
Being content in your money life is a journey that depending on your choices can take you a long time. The Savings rate you maintain, your ability to invest without emotional attachments, not getting hooked on a consumption lifestyle, are all fine points to establish great behavior.The journey should be lived wonderfully, but if you make good choices during the path, you will set up the future in a trajectory that is better than the past.
I am content that today I am better off than I was ten years ago. I remember around that time I was at a comedy club and the comedian asked a dude in the front row what he did for a living. The guy said his grandmother gave him some stocks and he was living off the dividends. After the comedian roasted this guy as being a spoiled brat for a good 5 min. I realized that was the first time I ever witnessed someone actually living off their investments.The very first young FI person way before I found blogs. During that time I had some investments, but it motivated me to actually want to achieve living off my investments. As of today my dividends only cover 20% of my living expenses. So I have a long way to go and expenses do tend to rise.
Every year I want to continue the trend to strive for more and build upon this financial foundation. To give you guys a visual I want a big mountain of investments like the prudential logo. Why do I want this?To be financially independent and to have those dollars provide me with an annual income for life. Since I can recall I had two great role models that helped me be the person I am today. My mother has been a great saver for all of her life and my father has the frugal mentality. I’m proud to say I have a good mix of both my parents financial prowess. I want to thank them for all they have done for me and for being great role models.
On this MLK day I am excited for more positive changes within our society and how we all should pursue a greater contentment around responsible financial management.
Martin Luther King said – Our lives begin to end the day we become silent about things that matter.
Let’s talk about MLK day and Contentment
Rich Uncle EL
#People Matter
#Finances Matter
I'm a worrier, so "content" is somewhat foreign. But I'm content that we were able to save up and meet our goal last year. I'll be more content when we have Tim's danged dental implants taken care of and can start saving to put money into positive things for the future (SEP IRA, mortgage, etc). And I'm content that we're finding a way among the loss of $766 in the budget.
Yes those goals you achieved are good and should be celebrated. Sometimes people can’t fathom what can be accomplished until they are placed in a difficult situation. Good luck in 2016, thanks for dropping by.