Why Financial Independence?
A month ago, my mother said that she was a bit concerned. She wasn’t very happy to say the least that having money or financial independence was my main goal in life. She literally asked me what I was going to do with all of this money, and didn’t I have any extended purpose than just getting rich?
I remember getting a bit frustrated. She clearly didn’t understand my point of view, but after giving it some further thought, it makes sense.
It’s common to think that people, such as bankers or businessmen who invest in stocks, are just motivated by money. For a lot of these guys, that’s also the truth. BUT NOT FOR ME!
To answer my moms question about why I want money, I turned it around and asked:
Why Financial Independence?
It boils down to three things: Freedom, creativity and Traveling
As you can read in the About page, financial independence does not mean that I want to retire at the age of 50. Not at all.
The goal has to be to find a job you love which makes you happy and one which makes it possible for you to also enjoy all of the other amazing parts of life. Creating a family, being in a relationship, having kids and being able to actually see the kids grow up. One thing I truly can’t wait to get is the possibility to book tickets when I have time, and not being forced to book tickets based on price.
In total, financial independence for me just means being more present and taking actions at the moment.
That’s what Financial Independence means for me.
What about Creativity?
Since I’m going to spend my life in the mix of technology, finance, and art, being creative is essential. And this might be difficult if money is my motivation, both positive or negative. Basically, I want to neglect the whole money aspect of working.
Research done by MIT has shown that for simple algorithmic tasks higher salary has a positive effect, but for complex tasks that involve creativity, a higher salary is actually dangerous. It kills results. I don’t want my creativity to be limited by my desire for money. For more info regarding this topic, see this video:
My Favourite Part: Travelling
This is the whole motivation behind my involvement in finance and stocks. I want to travel the world, see everything, and meet amazing people.
Since Stockles as a blog has inspiration as one of its purposes, I will now show you that you don’t have to be a billionaire to see the world. It’s all down to choices.
How do I do it? Example: In January 2015 I booked a one-way ticket to Bangkok with 3 nights at a hostel. Other that than, my time (around 6 months) was totally open. I ended up going to 7 countries, working as an English teacher in Vietnam, living with a family in Singapore as well as so many other weird but magnificent things.
Here are some of my adventures:
That is it. Why do you invest? What is your purpose? Do you have a plan on how you are going to spend your money? Please comment and let me know!