It’s Not about the Money

Money is not the goal

Building wealth, being rich is not an admirable goal by itself. Collecting money for the sake of collecting money is not a good thing. “Money is the root of all evil”- I think that means that money for the sake of money is the root of all evil. Greed is bad. Wealth corrupts.

it's not about the money

So why do I write about personal finance? Why do I spend so much time dealing with my finances, saving money, budgeting and preaching to other to do the same?

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Frugal-Not-By-Choice

Making your own Soap

Being Frugal-not-by choice

My Inspiration for This Post

This week on Twitter I let off a little rant. (I hope you are following me!)

I saw that there were some personal finance bloggers making fun of a frugal tip: a video showing how to make your own dish washing soap to save costs.

The point that they were making: Its stupid to spend time trying to save a few dollars on dish washing soap. The return on these types of hacks is small and negligible.

In a way, they are right. Making your own dish washing soap will not save you more than a few dollars. Those few dollars will not make you rich. It won’t let you retire earlier (which has slowly become the ultimate goal for many bloggers). It gives you very little return for your efforts.

Would you make your own dishwashing soap to save money?

This is all true but missing a very key point. There are some people who actively choose to live frugally. They are frugal-by-choice. But there are very many people out there who aren’t lucky enough to have a choice. They are being frugal-not-by-choice. The difference between the two is vast.

Frugal-by-choice versus Frugal-not-by-choice

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Taking a Break from Frugality

Throwing Frugality out the Window

When its time to stop obsessing and just let it be

Man plans and G-D laughs.

I had a good plan for how to handle my maternity leave. I prepared and strategized based on my experience with my last two kids.

This time is turning out to be a little different. A very complicated and traumatic birth has basically derailed a lot of my plans.

Taking a Break

I am OK and my baby is OK. That is all that matters right now. But i do have to make sure that i take care of myself to the best of my ability. That means that for the next few weeks  or longer, all sense of frugality is just going out the window. There are times when money is not the most important thing in the world. Click To Tweet I am officially taking a break from being frugal. 

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