Uber Frugal Month Simplify Finances

Uber Frugal Month Day 2- Know Your Long-Term Why

Today’s mantra: When you’re working towards a goal, frugality isn’t about what you’re giving up, it’s about what you’re going to gain.

Today’s action: Write your long-term goal on a piece of paper and put it in your wallet.

I always intended to be a career woman. My parents raised me with the notion that there wasn’t any reason that I couldn’t be a mother and have a career at the same time. I always appreciated that and took for granted that that’s what my path would be.

I never could quite pin down what career I wanted, but in school, science was my best subject and I enjoyed it, so I majored in Biology and figured my dream career would manifest somewhere along the line. As I got closer to graduating though, I still wasn’t any closer to figuring out what I wanted to do for the rest of my life.

From what I gathered, I would need to get a Masters Degree to really make any money in the field of science. Since I didn’t know what I wanted to specialize in and needed a break from school, I figured I’d work until I figured out what I wanted to do.

I lucked out and got a great lab job where I worked 4-10s. I had so much anticipation for what it would feel like being out of school and finally getting into the workforce. But you know what my thought was? “This is it?” All this time and effort and hard work so that now I get to spend 40 hours a week working on someone else’s projects?

There are so many things I want to learn and do and frankly, I don’t have time to work. I want to grow my own food, I want to sew my own clothes, I want to DIY renovate my house, I want to travel, I want to spend as much time as possible with my husband and future kids. I immediately started planning my exit from the working world. That’s when I discovered the world of financial independence.

I’m relatively frugal, I save on the big things, but I have a bad habit of frittering away money on little things- an ebook was on sale, I wanted a small treat, I found a really cool Star Wars shirt and it was only $5! Unfortunately, this adds up to almost a hundred dollars a month for me.

I’m trying to get as focused as I can on my long-term goal of leaving this workforce. I love Liz’s idea of putting a reminder in your wallet. It reminds me of that story that went viral about the kid who put a picture of Terry Crews in his wallet to help him make better money choices. I’ve taped a sticky note to the front of my wallet with some keywords that remind me of my goals. Since I buy a lot of things online, I also deleted all my saved credit cards off so that I have to go get my wallet and hand enter the numbers when I want to buy something.

By reducing my spending and maximizing our savings, with the help of the Uber Frugal Challenge, the sooner we can achieve financial independence. The freedom to live simply with my family, without the demands of working 9-5, I can’t think of a better goal.

What’s your long-term goal? Where do you see yourself in 10-20 years? How can the Uber Frugal Challenge help you achieve that?

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