Living Your Values

I have several friends I’ve made during the two-and-a-half years we’ve living in North Carolina. We’ve been fortunate to meet some very nice, interesting, generous people.

Some of our friends happen to have much larger incomes than we do. While we may not know exactly how much larger, we’ve had enough hints to know that some of our friends easily make double or triple what we make.

Good for them. I think that’s awesome that they’ve developed businesses and careers to generate large incomes. I am happy to hear that they are doing well financially.

Sometimes, though, it’s hard to listen to a litany of purchases and decisions that feel so counter to my own values. I certainly don’t want to not make friends with someone just because they spend more than I do, and in fact, I think it’s important to have at least a few friends with different financial situations than your own, just to ensure that you don’t live in a bubble.

But I also regularly feel like the poor friends, which is funny given our above-average net worth. However, we do live in the smallest house in the neighborhood, drive older cars, and eat out way less often than some friends.

We also have several friends and neighbors who have similar values to our own, and usually after talking with one of them, I am reminded that there are plenty of people like us in the world, making similar decisions about time, spending, and energy.

One thing I’ve had to learn, over and over again, is that I must make choices that make me happy. I have spent large amounts of time worried over the choices we’ve made in our lives, especially when others’ values are different from mine. I’ve said yes to things I didn’t really want to say yes to, in the name of friendship or what I thought was the right thing to do. Gone on trips, met people for drinks, put my kids into more activities than I thought we could manage.

Continue reading “Living Your Values”

What You Shouldn’t Spend Money On and Why You Shouldn’t Listen to Me

Mr. ThreeYear and I have, over the course of our ten years of paying attention to finances, amassed a pretty decent net worth. We have done it by prioritizing spending in the areas that we care about (like saving for the future) and cutting spending in other areas. Many times on the blog, I write about the things that we do spend money on, like travel, and I can’t help but get excited and implore you to adopt similar spending habits. However, the truth is, this is a mistake on my part, and I apologize for it. You should not necessarily spend your money on the things I spend my money on. Nor should you save your money for the reasons that I save mine.

Why? Because you and I have different values. I’m sure some of our values coincide or else you probably wouldn’t be reading this blog for very long, but it is almost definitely true that you and I value some different things. Your values are based on where you grew up, how you grew up, the challenges you faced, things that went well for you, and special circumstances you currently have in your life. You prioritize your spending based on those values. Continue reading “What You Shouldn’t Spend Money On and Why You Shouldn’t Listen to Me”