One of the main themes from the new book I’m reading, Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Ind dependence by Vicki Robin & Joe Dominguez, is the idea of, “Making a dying,” instead of making a living because what we’re really doing is buying all this stuff that eventually takes hold of our lives and controls us.  Eventually, we get to the point where you are not making a living because you have no choice but to work.  You have bills to pay: mortgages, student loans, car payments, credit card debt, and an endless amount of desires.

Where does it end?

For most people it doesn’t.  Many people keep buying and buying to the point where they’ll never be able to retire.  They’ll keep spending everything they ever earn.  While also feeling like you never have enough.

After my Dad died, I started spending more than I normally would have.  I threw my normal fiscal responsibility to the side because I thought I’d spend my way to feel better.  Spending is an emotion.  Buying something is fun.  I spent.  I had some fun. At the same time, I got a graduate degree so I accumulated some debt.  Paying down debts is not fun.  Once I started a family, I bought a second car, all the stuff for the kids, and my wife left her job to take care of our children.  I soon realized I needed to cut out the some spending because I wanted to pay off all my debt with the goal of eventually becoming debt free.

It’s a long process.  I’m using this book to help me achieve my goal.  It’s a nine step program so I’ll be writing about each of the steps and my thoughts about achieving them.

I don’t want to be making a dying, I want to be making a living.  I want to give my family and I the freedom to live the life we want to have in the future.

Are you making a dying?