It’s time we talked about what “owning your own future means.” Let’s delve to the foundation, into our concept of work, time, and money. This close look might seem like a momentarily scary way to measure our situation, but only here do we grasp the fine tendrils of our financial predicament.  From there, wisdom follows.

If we do not own a house outright, have a savings account that amounts for your entire future of necessary costs – like food, shelter, transportation, energy, etcetera – then EVERY SINGLE DOLLAR we spend is not REALLY money “earned and owned.” That money is gone already. The money we spend today is money promised away that must still be earned through labor in the future…

That sounds weird, but our future is eminent, so the costs of our future absolutely exists ALREADY.  As long as we have payments to be made in the future, then we are in debt for that money TODAY. The debt is inevitable – our earnings, however, are not – those have to be manufactured and earned with great efforts in the future.  The debts to sustain ourselves are coming no matter what, the labor to overcome those needs is still to be performed.  This translates to our current money being a pre-existing debt payment for future needs.  Money spent today is actually money promised away from the future.  You are promising to work for someone else in the future – to make them money – at reduced value, in order to pay for stuff you buy today.

Here’s the point: The fact that a person has $500 from a paycheck, or even $3,000 in a bank account does not mean they HAVE that money – because the demands of the future are already there, and those demands are just waiting for you to get to that place in time that already exists, out there in the future.  Having a little money saved is not really “savings”, because the costs of the future are there, and a small bit of saved money cannot overcome that entire debt of future living costs.  You cannot really save money, until you can break the gap of COST/SAVING/SPENDING PATTERNS OF NECESSITY.  That’s saying that until you have your lifetime living costs accounted for, and then save $50, only then is that $50 your first “saved money.”  This is the most pro-active, edgy way to look at our real predicament as human beings trying to stave off a lifetime of subordinate labor.

Momentarily having some money is not wealth, only having enough money to divert the future is “having some money.”  If we cannot buy pockets of time in the future, in which we will not be commanded to forcibly work for another business in exchange for wages – then we have not achieve any savings at all.

This is why the average idea of savings will never do. Sure, it’s good to have some money to repair your car, or go to the dentist – but ceasing the cash hemorrhage of rampant modern spending is about doing much more than this.

Great Savers know this idea – the idea is infused in their mind and guts – they spend lightly because they do not want to sign a contract that dedicates future time to more work when:
1. We don’t know how our health will hold up
2. We don’t know where next dollar will come from with absolute certainty
3. We know the deep, lengthy loss involved with debts
4. We know how easily it is to remain glued to the wage treadmill, and how dramatic an effort is necessary to only begin to lift from it!

Blowing cash around for nothing is like imprisoning your future self, and forcing them into labor.  Saving money is like cherishing your past self, for the monumental efforts involved in giving another business your most potent hours of life in exchange for that money, which is a symbol of time spent in labor.

This translation never reaches the mind of the people who just blow money around, buying things they can’t afford, thinking that since they had the cash for it, they could afford it!

Spending just a few dollars extra per day can lead to a MASSIVE loss, snowballed over a lifetime.  What’s important is realizing what money really is – it’s a representative of yourself.  If you make $500 a week, then every $500 you hold in your hand represents your NEXT week of life.  When $500 is spent, it always counts as your next batch of labor, not your past labor! WHY? Because you owe that money to expense ALREADY in the future.  You already owe the future that money: and so long as you owe the future money – you will owe the future that labor as well.

The only way to begin to escape the wage treadmill is to amass savings to overlap the needs the future – to extend over those future costs, so that some money earned along the way can begin to multiply itself in investment while you continue to labor for a while.

If you establish no cash-buffer, then you never reach leverage, and every dollar you spend is promising away yourself to future labor.

When your car breaks and you pay for a new transmission, that should be seen as a momentary derailment of your actual leverage-achievement-plan, not a great use of savings!! Such a setback would only beckon a Great Saver to compensate for that loss of leverage!

When I see people spend money frivolously,
it feels like watching someone punish themselves in the future;
it’s odd because they think they’re rewarding themselves!

There are some world-record cheapskates seen on television – that’s not what we are advocating. I saw one girl who would only permit one light-bulb in her house, and she moved that bulb from lamp to lamp as both her (and her roommate) switched rooms.  Your time is money too, and swapping light-bulbs would be a ridiculous waste of time. What we are really talking about re-situating our understanding of money, to see that spending $7 a day on fancy drinks (which ends up costing hundreds of thousands of dollars over a lifetime) is crippling to the human life – because it overwhelms your ability to overcome debts of the future that already await you.

When we trace back the loss involved with spending cash frivolously now, we can see that our $7 in drinks spent today could really lead to 20, 30, or hundreds of dollars of lost opportunity costs in the future.  That means having a Nerdbucks coffee could translate to losing half a day’s labor.  That means you would have to work for half a day to pay for that coffee!  I don’t know a single person who would work for 4 hours, and get paid a single Latte – do you?

Forced future labor…  will you trade a half day of work in your 60’s, for a single mocha latte today? We must think about that until our guts and impulses really understand the impact.

SAGA can save your friends! Feel free to like and share!

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