I’m an early 80’s baby. I grew up being taught you went to school, then you went to college or university. You got a job after you graduated, hopefully a good one with a pension. Then you grind away in an office from 9-5 saving money to buy a house and take the occasional vacation. There wasn’t a lot of talk about straying from this path, or how you build the life you want to live. Now that’s a topic that’s very much on a lot of people’s minds.
We all know there was a huge shift from baby boomer work ethic to millennials having more of a living ethic. Not to say that generation isn’t hard working, but there’s definitely more of a focus on living your life instead of working for so much of it. I don’t know about you but the thought of waiting until retirement in my 50s or 60s (hopefully..!) to travel and enjoy my life does not sound appealing to me! Not enough people realize that you can build the life you want to live yourself; that you are the architect of your own future!
In my latest newsletter, I said I would share what building the life you want to live looks like for me right now. I was focused on making a 6-figure salary. That’s what I wanted, that’s what I was working towards. Spoiler alert – I haven’t achieved it. Over the last few years, I realized I didn’t need that to live the life I wanted to live. I wanted:
- enough money to not worry about paying my bills
- to take a vacation every now and then
- to be able to take a day off without stressing about money.
When I worked out what the cost of those things would be, I figured out I could do that with a LOT less than 6 figures, which also meant I was working less! This is another thing I want for my dream life. I’ve been working 6 days (sometimes 7) a week for years now while I built up my businesses. I did this for a few reasons: One – I was growing two businesses, then three, so that obviously required a lot of juggling. Secondly, I was deeply unhappy in my personal life and working made me feel better about that.
After doing this for the last five years, I’m ready to wind down to a regular work week. To enjoy my evenings with my husband, family or friends, rather than catch up on work or try to get ahead of more work. While I lived the ‘hustle’ life for a few years, I do not glamorize it. There needs to be some balance, or work life integration to not burn out, or look back to realize how much of your life you spent working instead of living.
What does our dream life look like for the future?
Now that we live in the Clutterbug, our 25-foot Airstream trailer, our dream is to live in other places with it. Our current dream plan we’re working towards is to be able to tow the trailer down south for the winter. We would like to leave in October before the weather gets too cold and ideally take it to Arizona, but take our time getting there. We would fly back for Christmas and then back down south until we drive back in April.
So how do we make that work?
Step 1: Determine how much money we need to save to cover our expenses at home.
We will only have a garage on our land but we want to make sure we save enough to cover the utilities while we are away.
Step 2: Create a budget of what we think we need to make to afford gas, groceries and other necessities. That includes touring to see the sites of where we’re travelling!
Step 3: Can we work while we’re away?
I’ve been doing some freelance writing and working on a travel writing portfolio so I could potentially work while we travel. I also have the luxury of being able to work with my business while I’m away. Tyson doesn’t at this point as he has a physical job here in Nova Scotia. We need to figure out if there’s something he can do while we travel, or if we can save enough that it won’t matter if he’s not working.
Step 4: Set up a timeline that we can work towards.
This is an important one on actually achieving the goals we’re setting for ourselves. We want to do this by Oct 2024. By actually setting a date, we are giving ourselves a tangible timeline to work towards and work backwards from. I set checkpoints in my calendar like ‘Need to have X amount saved by this date’, ‘Need to create a list of potential writing opportunities by this date’, etc. If we don’t set a time, we don’t end up doing anything to actually work towards achieving it, and the dream just keeps getting pushed along.
Timelines you set for yourself are NOT set in stone so don’t let that stop you. We may be coming up on the fall of 2024 and realize this year is not going to be possible to be away for the winter. We could have an expense come up that takes away the money we saved up to carry us through those months, a sick family member that needs us in Canada – any number of things. But if you don’t set up timelines for yourself to actually build the life you want to live, it’s not going to happen. We all know time flies by (how is it August 2023 already?!?!).
Here’s your ‘build the life you want to live’ homework!
- Map out what you want for your dream life. The job you have, the hours you work, the money you make, the perks you want. Regular vacations, a four day work week, working for yourself – whatever it is! Write it down and be specific! You can get a great Dream Journal from Glowbug Designs Rebecca Hill here.
- Do up an estimated budget of what you need to live this dream life. Ballpark what you can, from your daily/ monthly expenses, to estimated travel budgets or decreasing your work week. What do you need to bring in to live your dream life?
- Set a date or timeline for you to move towards building the life you want to live. Remember, it can be flexible, but if you don’t set a timeline to work towards, how will it ever come to be?
Money is an intimidating topic for many of us. Budgeting is generally not something we enjoy doing because no one likes to feel restricted in what they can or can’t have, but that’s a whole other blog! If you can shift your perspective on budgeting being a tool that helps you in building the life you want to live, you can open up all kinds of possibilities.
I hope you enjoyed reading about what our dream life is, and seeing how we’re working to achieve it inspires you! Now get out there and build the life you want to live!