So it’s been a blizzard here in the last few days, so there is lots of snow and blowing snow. I dug my driveway once already but I’m not even sure if I can drive my car to work this morning because the roads are so deep. I wonder if my kid will have a snow day? Well regardless all this snow kept us in the house all day Sunday so I did some thinking.
I won’t lie to you having a six figure income helps with your ability to save easily. I’ve been there now for the last few months because of the second job and yep it’s damn easy to save. Yet what really makes the saving so huge in my case isn’t just the income, I would say a bigger part of it is being frugal.
You see I make six figures, but I’m still spending less than $35,000 a year. The fact I haven’t raised my spending with my salary has made a huge difference in where I am today. I’ve never felt the need to spend everything I make. I know a higher income isn’t a license to spend more. Yes I can if I want, but why bother? Am I not just as happy as I was before making this money? Yes. Am I still buying those things I REALLY want? Yes.
So what’s the other part of spending so little when you make so much. It’s going to sound cheesing, but: I know myself. I’ve spent a lot of time over the years getting to know myself. How I think? Why I think that way and what my emotional response is to many things? So this offers me many valuable saving options. Like the fact I know I’ve never becoming a VP of anything anywhere. I have no interest in the job. I’ve seen the demands they place on those in senior positions and often the salary to go with and in my mind it’s a poor trade. So I don’t feel the need to wear a suit to work each day or suck up to those in high places. I just focus instead on doing my job and answer questions truthfully.
So ironically that has actually helped my career in spots (I tend to just give senior management what they want and treat them like everyone else) and saved me a small fortune of money that I don’t spend to keep up appearances. I’m happy and generally so have most of my bosses once they realize my quirks.
So that’s my deep snow induced thinking. Now where’s my shovel?