Finances,  Happiness,  Life,  Simplicity

How to Live an Intentional Life

It takes a bit of thought to sort through the chaos and programming to determine just how you want to live your life.

My first trip down this path was simple in comparison. I had one goal I wanted to achieve. I wanted to be a stay-at-home single mother for my daughter, so I did what I had to do in order to make that happen.

Life isn’t static, however, so once that goal was complete it was time to set a new intention.

Throughout your life, you will encounter different phases. When you’re young, you may want to go out and see the world or strive to be on top of the world through your career choices. As you start a family, your focus may change to becoming a good parent, to raise your children in a thoughtful, responsible manner.

And when your children are grown, you will have to figure out what you want to do with yourself once your children are gone. Depending upon what you’ve already experienced, you may simply be tired and want some time to recharge.

There is nothing wrong with that.

I honestly believe that we will never have it all “figured out.” We will never be able to set a single path for our life because life is a journey with many different paths to choose from. Instead of trying to figure it out, trying to figure out a single path to follow until the end of our days, we simply need to determine what we want in the foreseeable future and head in that direction.

In my life, I’ve realized that I want to acquire the financial stability required in order to eliminate the need to work a public job. While I doubt that I will ever want to stop working entirely (sitting around the house can make you stir-crazy), I do want to have that option.

I want to focus a bit on my health as well as grow a bit mentally and emotionally, and I’ve also realized that writing is a part of who I am now. Even at my lowest points I search for a meaning that I can pass on to help others. While I never imagined it being more than a hobby when I first started blogging, it has now become a major focus of my life. I am okay with that.

I’m going to share with you the steps I’ve decided to take in hopes of giving you an idea as you decide upon the path you want your life to follow. I may not have everything figured out but that’s okay. I’ve got a basic plan and that’s all you need as well to get started.

In order to achieve financial freedom I will continue living beneath my means. I’ve changed my plan a bit to accommodate the fact that I want to reduce some of the stress on my life, however. I intend to take 10% of everything I earn (passive or active income) and place it in the safest investments that I can over time. This is based upon the advice given in George Clason’s book The Richest Man in Babylon (Clason, n.d.). In this book he stresses the need to keep 1/10 of any income earned to save and invest in the most cautious manner possible. I’ve decided to combine his advice with that of Michael Cheung’s from the book Sun Tzu The Art of Making Money: Strategies for Getting Through a Tough Economy. He discusses the importance of having a good foundation in place to establish financial security. (Cheung, 2012). To fulfil that need, at first the 10% will be used to fully fund an account that will only be accessed in the direst of emergencies. The overflow from that account will be invested in the safest investments I can locate over time. The money I have left over each month after the 10% deduction will be saved up and invested as usual, though perhaps not quite as often, since investing fees can add up on smaller stock purchases.

This new procedure will allow me to hedge my bets as I move towards my ultimate goal of financial freedom.

Since I prefer a simpler, calmer life I intend to simplify the things around me, eliminating my excess over time as I move forward. I’m wiser now from my previous experience with minimalism and I intend to use the wisdom gained. Instead of simply eliminating the excess I’ve acquired I have resolved not to purchase more until I actually need to. I will use up the items I already own instead. I see no point in donating them to an agency where they may end up on a landfill (due to the surplus already available at thrift shops) until they have reached the end of their usefulness. Items that I know that I won’t ever need again will be passed on to the best of my ability.

As you can see from my example, it doesn’t take an immense amount of work to reconfigure your life. With just a bit of thought and planning you can not only enjoy your present but slowly work towards the life of your dreams.

What steps can you take to lead a more intentional life as you work towards your dreams? Please share your thoughts in the comments below.

REFERENCES

Clason, G. (n.d.). The Richest Man In Babylon.

Cheung, M. (2012). Sun Tzu The Art of Making Money: Strategies for Getting Through a Tough Economy. 1st ed. Allysky.