Today I’m talking about the pros of being independent, being assured that you can look after yourself and not depending on others to help you out.
I was inspired to write this post today after seeing an announcement about how much money you should have saved by the time you’re 30.
I can’t find the exact announcement, but a financial adviser claimed that by the time you’re 30 you should have saved your annual salary.
That’s the equivalent of double figures…in thousands!
Of course, loads of people, including myself, were outraged by this.
Many people suggested that saving so much was only achievable by having a rich family to give you a helping hand.
As someone who doesn’t have this luxury, it got me thinking about how money and comfort is valued over other important qualities, like independence and personal growth.
Why is owning your own house and having loads of money in a bank the most important thing in life? Sure, it’s amazing to have that security if something goes wrong, but it’s not the end of the world if you don’t.
What about travelling and discovering new places? Becoming self-sufficient by living independently far away from home?
There’s too much pressure on young people to buy their own home and settle down. The idea of living the same life for the next 10 years terrifies me, where’s the fun and adventure?
Growing up independent
I looked after myself from a young age and I got a part-time job when I was 14 years old. I pay for everything with my own money and I’d like to think I’m ambitious and am doing well in my career.
Yes, I’ve had bad times were I hardly had any money and I’ve wished I could just move home. I’m occasionally jealous of people who have savings, or inheritance, or parents that can help them out if they need it; but I’ve accepted that’s not what my life is like, and that’s ok.
Financial support would have been great when I first moved to Manchester and was on a very low wage, but it wouldn’t have made me as self-sufficient and independent as I am now.
So, to conclude, this post isn’t just to brag about myself, or slate home-owners, it’s to offer comfort to anyone who is in my position and feels like a failure because they don’t have enough money saved up for a house deposit or a ‘nest egg’.
Owning your own place is amazing, and I hope to get there in the next five years, but it doesn’t mean you’re a failure if you rent or don’t want to follow that lifestyle.
Enjoy your life and the make the most of it while you can, life is short – you can worry about the boring stuff later.