I swear some people must consider me a freak who is immune to temptation from the consumer world.  Actually that couldn’t be further from the truth.  I still see ads and want things I don’t need and fight the urge to spend money on upgrading something I already own.  Yet when it comes to temptation the biggest two I face are: power and money.

The temptation of money is easy to explain, since I have already been saving for years and I’m in a good place financially if you extend my retirement date out to 50…I would have around $1.2 million in investments.  Out to 55 and I could have $1.7 million saved.  And if I conformed fully and retired at 65 I could save $3.4 million which would give me an annual spending rate of $136,000 per year (based on the 4% rule not including CPP or OAS).  If I just continued saving gave up my dream of early retirement, it would be easy to become rich.

My other temptation is related to power.  Just how far up the corporate later could I climb if I worked for another decade or two?  Manager, Vice President, President? Or if I spent more time on politics how far could I go? MLA or MP…Cabinet?  How much could I help the world out by devoting myself more to a career?

Yet while these odd daydreams are fun, I do tend to come around to a simple question: what do I want most?  Money…frankly is fairly common.  Power has its temptations for improving the lives of others, but I rather like my current life.  In the end, I want freedom.  Which is the most powerful option of them all…the ability to do either option above or none of them.  So that is why I can push past temptations, I value freedom more than all the others.

So what temptations do you face on your path?

3 thoughts on “Temptations”

  1. I’m not tempted by clothes or gadgets. I’m sooo tempted to buy a nice little piece of land to someday build my dream home in. (And for the mean time to camp on.)

  2. I used money to buy my freedom,and mre than oncec. When I first switched from working FT to PT back in 2001, I chose to forgo nearly half of my salary in exchange for gaining a lot of my freedom, or simply put, regaining control of my personal life and doing more of what I wanted to do (and doing less of what I did NOT want to do). In 2007 I gave up some more of my salary to gain more freedom and in 2008 I gave up the rest of my salary to gain total freedom by retiring at 45.

    I was not interested in power at my old job because I had already been promoted as high as I could go, to a middle-level supervisor.

    I needed my freedom more than I needed more money. And for the last 5 years, I have total freedom.

  3. I have a weakness for the latest gadgets and appreciate high end cars… now, my desire for FREEDOM in my early 40’s is strong enough to temper the desire to own a BMW or Audi, thankfully. Such a purchase now would mean probably working until 45…. I’ll take ER at 42, thank you, and keep drivin’ my old truck. 🙂

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