Wednesday, March 25, 2009

Do What You Love?

I've had people tell me both ways: "do what you love" and "do what allows you to do what you love."

Both, I think, are valid.
However, I've now come up with my own hybrid motto:

"Do what you love, and spend and save in a way that allows you to do what you love."

A little bit longer, and less catchy - but good nonetheless. I tried out the business world for awhile and despite its potential for riches, I love being a teacher so much more. And, despite people's perceptions about teacher salaries, I make out just fine.

Like America's cheapest family, known for living debt-free with a home and 2 cars despite having 5 kids and a 35k yearly income, my wife and I have learned to only spend what we have and never go into debt (with the exception of a home).

A great book on this subject is "The Wealthy Barber." It chronicles the fictional story of a barber and his saving, spending, earning, and investing strategies that yield riches far beyond what you would expect of a barber. It's on my book list on the left, and I would highly recommend it.

So, what do you love? Take my poll below and let me know which job philosophy is best. And feel free to leave a comment. I'm out - YCC

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About Me

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I'm just a young guy, working hard (but not too hard) as a full-time teacher. I survived college without accumulating a penny of debt and have a decent nest egg saved up for retirement. Like my father and grandfather before me, I've been raised to earn, save, and spend wisely. I'm always on the look out for bargains, deals, promotions, financial tips and advice, economic news and anything else related to money. My goal is to let you in on everything that has served me well over the years financially, as well as all of my latest money discoveries. Enjoy!
Got a question for me? An idea for a blog entry? Shoot me an email at youngcashcow(at)gmail(dot)com and I'll be sure to respond asap!