It's Not More Money I'm After, It's More Time

It's important to know your why.

To know your reason for wanting to achieve a better money life.

For some, they maybe doing it for their kids.

For some, they maybe recovering after losing a spouse to a life long illness and working to move forward financially.

For some, they maybe doing it to become totally debt free.

Whatever your reason, it is valid.

All reasons worthy of applause.

So here's my reason.

I want more time.

It would be automatic to think it would be more money I am seeking.

Yes, I am working to accumulate wealth over a period of time, but I believe by having more time, having more money would be a by product.

I'm on the search for smarter ways to earn a living. My golden years aren't too far away, so I want full proof ways to have money flowing into my bank account automatically.

Waiting until retirement is close to plan the way I earn, is not an option for me. This is why I am planning now.

I think us millennials saw this span out while growing up:

• Go to school

• Get a job

• Work

• Find a spouse

• Get a mortgage

• Have kids

• Send kids to college

• Pay off the mortgage

• Retire

• Live off retirement savings

While this model worked out well for the previous generation, this won't work for all of us.

(By the way, I'm not knocking you. If you are on this trajectory and it's working for you. Great. But for some, life doesn't always work out like this.)

We millennials (and generally across the board) have two factors working against us:

1. Time

2. Inflation

With respect to time (and I am not being morbid here), some people are not living as long like before; and with inflation, the cost of living is currently on the rise.

There has been a shift in having to adapt to these present times. For example, some are opting for remote work and/free lancing.

On the social scene, women in particular have more earning power than in previous times. This gives them the option to not get married (if they chose to), to not have children (if they chose to) and some are opting to live in different countries for different period of times. (This includes men also.)

For me personally, as you maybe aware, I'm newly single. So for me, getting married and having children is not currently on the horizon. But, increasing my earning potential is at the forefront of my mind. It is truly important for me as a single woman to be able to achieve financial independence as an individual; and that's through having more time.

My plan of action is to explore ways in which I could earn passive streams of income. In other words, earn money while I sleep.

I've had some success concerning this. I've made three sales for the year. May not seem like a lot, but this proves to me that this is totally possible.

I'm also expanding my options in terms of finding remote work globally. The opportunities are out there, I just need to find them.

Consistency is what's going to be key for me moving forward. Yes, maintaining a realistic level of consistency. But it's all in developing a system tailored for me that's going to increase my chances in being successful.

If you would like to follow me along my journey in gaining more time, please feel free to join the Money Matters with Melinda Community.