Gaps

“What I Don’t Have to Spend, I Don’t Have to Earn”

About half the time when I say that to people, they stare as if what they heard me say was, “Erndampt, ag rojabrane.” I’ve tried saying it in different words, but sometimes it just doesn’t fit a person’s mindset.

If I arrange my life so that I don’t have to spend $60 a month on dry cleaning, then at least theoretically, that’s $60 I don’t have to earn that week. Of course when you have a steady and sufficient salary, you’re going to earn anyway. In that case, what you don’t have to spend, you can save up for something bigger that you want, like a vacation or early retirement.

When you’re relying on intermittent and unpredictable self-employment income, and your health isn’t reliable either, not-spending is a wonderful way to handle gaps in income. This is great for people who are retired, disabled, temporarily out of the work force for personal or family reasons, etc…..

If working overtime hours is putting pressure on your health or your family life, perhaps you could not-spend instead of working yourself into the ground.

For hundreds of examples of ways to not-spend (and still live a normal life), see my book, Frugal Living for the 21st Century: Adventures in Using Your Money Wisely. https://www.amazon.com/s/ref=nb_sb_noss_2?url=search-alias%3Daps&field-keywords=marie+brack

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