IT Pilgrimage

A Journey From IT to Freedom

Posts Tagged ‘Freedom’

Jump the Tracks

Posted by IT Pilgrim on June 18, 2008

Tracks
Its time to jump the tracks. I like to think of myself as a frugal person, but in truth I know I am really not. I do a few things, like pack my lunch, hypermile to save gas, and don’t pay any attention to the Joneses. I live well below my means, but then, I do a few things that are anything but frugal, such as having very expensive hobbies, living obscenely far from work to support my expensive hobby. My attempts at being frugal are helping to free me from debt, and are keeping my head above water, but at what cost?

What is the cost of following these train tracks as far as they go? Will I have a million dollars by the time I am 65? At this rate, probably yes, but is that really enough? Am I willing to settle for working like a dog for the next 40 years to barely eke out a living and wait to die? I don’t think so, I’m just not willing to do it anymore. Perhaps as a generation we have gotten a little too much of a taste of freedom, perhaps this has been a long time coming, but either way, I think those days are over.

The American dream is beginning to change. It used to be a house in the suburbs, a housewife, a dog and two kids. It was working until you are 65 then cruising the country in a Winnebago for the next 10-15 years you have left. Does anyone really want this anymore? Are you willing to spend your entire life waiting for those few moments of freedom?

Tomorrow is promised to no one my friends, and I for one am no longer willing to wait my entire life for a chance to live. So what does this mean? It means that 1 million dollars, the supposed holy grail of retirement funds, is no longer nearly enough. It means that six figures for a salary is not enough, well, not if you are going to live and pay taxes in the US. To fund that jet setting life style a lot of us dream about, you need closer to $250,000 a year.

Well, little pilgrims, it’s time to jump the tracks. It’s time to break free from the traces and free ourselves from the old drovers. Now is the time of mini-retirements, living abroad , and breaking free from your cubicle. Its time to build your own tracks, be it through investments of some sort, real estate ownership, consulting, travel writing, etc. We all have begun to realize that we have to make our millions now, while there’s time to find our own places in the sun before its too late to enjoy it. I am in the process of freeing myself from my possessions that are holding me down and keeping me tethered but I see an end in sight. Anyone else out there doing the same? Anyone with me?

Photo by Jason Pratt

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Posted in Frugal Living, Investing, Travel | Tagged: , | Leave a Comment »

What Does Freedom Mean to You?

Posted by IT Pilgrim on June 17, 2008

Well, what does freedom mean to you?

It really depends on what kind of freedom you are talking about. To begin with there is financial freedom, religious freedom, physical freedom, and political freedom. In a way, I think we are all seeking one of these, pretty much whichever one, or ones you are missing, those are the ones you will seek.

Financial Freedom
Financial Independence is usually taken to mean freedom from debts, or ability to do whatever you want with your money.I like to think that its really more than that. What if one day you really didn’t want to go to work, and you didn’t have to because you didn’t have to care if you got fired. What if you did not have to wait until your 60s for that feeling.

Religious Freedom
Defined as the freedom to practice any religion, or not, that you see fit, I think this one is yet to be achieved anywhere.This would imply a level of acceptance that we, as humans, have not quite managed yet.

Physical Freedom
As long as you aren’t in prison, you probably have this one down, or at least mostly.We all have some measure of restriction, even if its only that 4 x4 cubicle you have to stay in for most of the day.

Political Freedom
Political freedom and religious freedom can be pretty closely related in that its difficult to have one without some measure of the other. Political freedom would mean that you are persecuted for your political leanings. Also, like religious freedom, I don’t think this is one we have quite achieved yet either.

It would seem that most of us are seeking one, if not two or three of the above. Which one are you missing? What does freedom mean to you?

Posted in Life in IT | Tagged: | 2 Comments »