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Monday, 10 July 2017

If your life is a dream, you need a reality check

Reality Check Time

Ever felt that you have everything in life? That everything is going smooth? That everything you could ever ask for is granted?

Perhaps you need a wake up call. Perhaps you need a reality check.

Welcome to reality.

Why a reality check?

Because every cent you spend, someone has to earn it. And if it isn't you who's earning, better check on whoever is suffering for your sake.... can he or she sustain your expenses?

Because when you spend with abandon, you do not keep track of how much you spend. And you can easily exceed the budget that is available.

And because if you're dreaming, there's a good chance that it could turn into a nightmare. Keeping track of reality helps you avoid that sticky situation.

So what is a reality check?

You need to see if your accounts are in the black. Are you nearing bankruptcy, digging yourself into a pit of debt? Do you have enough to sustain yourself in case you're out of work for the next 6 months?

You need to see if your job is secure. Are you on shaky footing when it comes to future employment, or is your income as secure and strong as a fortress?

You need to see if your lifestyle is sustainable. Are you spending out of your league, merely to be part of the "in" group? Are you spending unnecessarily?

You need to see if whoever you are relying on for financial support is able to support you at the rate you're going. Are you quickly and steadily depleting his or her resources? Are you depleting their wealth at a rate that cannot be replenished quickly enough?

You need to see if you are giving others a fair deal. Do you contribute as much to your lifestyle as they do? Are you taking them for a ride? What's your contribution to them?

You need to see if whatever you're enjoying is rational and reasonable. Are you spending like a queen? Are you under the illusion that you can spend with abandon, because somehow there's an unlimited pool of wealth somewhere, that you can keep drawing from without it ever drying up?

A dried up lake in Bolivia.

Because every pool dries up.

You need to know that. Every pool of money, in the bank, in the piggy bank, or under the pillow, they can dry up if you spend with abandon.

Rivers and lakes dry up too. Magnificent landmarks of nature can suddenly become barren thanks to deforestation, dam building, droughts, etc. It follows then, the little pools of wealth that you have, can dry up faster than your wet hair when it's blown.

Droughts are out of our control. Deforestation may take place on adjacent land. Dams are built upriver. Normally, lake owners and stream owners do not plan for droughts, deforestation, and dams. But these things happen.

Plan for the future.

You need to plan for the future, after you wake up from the reality check. You deserve to be financially secure. You deserve a life well lived. But you certainly do not deserve a few glamorous years of high flying lifestyle followed by a lifetime of regret. 

I can tell you that I've met a number of people who come to me, broke, or even bankrupt, and they sometimes tell me, "When I was younger, I lived the life! I enjoyed life! I never thought a minute about how I spent my money."

Save money, squirrel it away, for a rainy day. Hide it away where you will not touch it, and neither your wife nor children can get their hands on it. Keep it safe, in the bank, not under your pillow.

And adjust your lifestyle, to make it sustainable for the long term. Are you spending too much? Cut it down. Are your expenses unavoidable? Find cheaper alternatives. Everybody wants the best, but not everybody needs the best. Are you eating up your spouse's income like nobody's business? Pray about it, and give the guy a break. 

Find a job if you have to. 

You might think that you have made a huge contribution to the household's expenses by becoming a housewife. In fact, you've become a large burden to the household. 

You might think that you've made a wise decision by forcing your husband to invest in unproductive properties and paying for renovations that he will never enjoy. That's your takeaway in case you get your divorce, but you're killing him with the monthly instalments.

You might think that a vanity "part-time" or "occasional" freelance work qualifies you as gainfully employed. The truth is, if you have very few jobs, and you cannot even contribute to the bank loan instalments, you are a drag on the household.

Wake up, have a reality check. 

Life isn't always smooth. But if you can face reality and do something about it, perhaps life can indeed be blissful. It might not be perfect, but then again, it's hard for anything to be perfect. 

Lower your expectations, and accept a simpler life. Lower your standards, lower your expenses, and make life more sustainable.

Be kind to others. Be kind to yourself. Because if you're kind to your loved ones, they'll live longer, and they'll be around longer, to live life with you.