Friday, August 5, 2011

The Loonie Bin- Mobile Addition

<p>Greetings from Cape Breton, Nova Scotia! I've been on holidays for the past week and it's been really nice to escape the hectic life of the big city. I downloaded a blogger mobile app to create this post and I'm not sure how it's going to turn out so please bear with me.</p>
<p>In my journey to financial freedom there's one important lesson I have learned which is often overlooked and that is; life is short! </p>
<p>I've met a lot of people who always have to work and never take vacations. They slave away and are obsessed with the all mighty dollar, squirreling away any money they can so they can retire early. What these people don't realize is that by the time they retire, their mind and body is so worn out that they can't enjoy retirement. What's worse, you could work yourself into an early grave and your nest egg of savings will be given to someone else! Like anything in life, you need to find a balance.

My wife and I both work full time and after a long week of work and house upkeep, we throughly enjoy a weekend of relaxing. Whether it's spending a few hours out in the garden, going for a long walk or watching a movie, we try and make the most of it without spending a lot of money. The money we save by living this way we put towards a trip every year. Sure we could save that money each year and retire that much sooner, but I would rather live life while I can and save more efficiently for retirement.

Everyone seems to work hard for there money, but why not have your money work hard for you! Ever since I started investing on my own my nest egg has done very well in comparison to investing in mutual funds and contrary to popular belief, it's just as easy as online banking.
Even now, with the stock markets heading into the toilet, I sleep like a baby because I know that I'll still be making over 5% this year. Better yet I'll be making 6% next year and 7% the next thanks to investing in dividend paying stocks.

The next time you find yourself stuck in a rut, take a break from the rat race and learn to enjoy the little things in life. Take a walk and stop and smell the roses once in a while. Eat your lunch outside if possible and watch the birds or squirrels. Enjoying nature is free for everyone and is a great stress reliever.

So the next time you feel like money is ruling your life, take a step back and remember to find a balance.Life is short, so don't let it pass you by.


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