Thursday, May 15, 2008


It's very popular in the personal finance community to ask the question "Which is more important, making more money or spending less money?" I've also heard the delineation as "Spending less than you earn" vs. "Making more than you spend."

I've said before that I think the answer requires a little commonsense. I'm not going to work for 80 hours a week to buy a BMW, nor can I get my spending down to zero or pay my rent by clipping coupons and unplugging appliances. I need a more balanced approach. I need something that works for me.

But still. But still.

But still I find myself on this treadmill. I have a tendency to hyperfocus on things, to discover something and become completely obsessed with it. I consume information like crazy, like I'm starving for it, like it's going to solve some problem I didn't know I had or fill some whole that I can't quite name. And then I run out of information on this very specific topic, I start to encounter repeats, and I get frustrated. Why doesn't anyone have anything new to say??

My latest obsession, it seems, has been with the concept of passive income. I've been searching and reading, watching videos, signing up for email lists. I've glutted myself on information. I wondered if it would be the solution to all of my problems, if it would make my life suddenly better, solve my finances, pay off my debt, and allow me to quit my job, have tons of babies, and read ever novel in the world.


It's time for me to regain a sense of perspective. I need to regain my balance, to fit more time for me and what I love back into my life, and to get back to hanging laundry, cooking fresh food, and reading and writing. There is room in my life for a bit more income, and for learning a few new skills, and once I find that space, I would love to share that information with you. But the truth is, until it's real for me, until I'm writing from a place of strength and truth, it's not going to mean anything to anyone else either. We need time to process quality information, and I've bombarded myself with so much information (quality or otherwise), that I haven't had the proper time.


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