Here, listen to this in the background while you read this: Play Music

It occurs to me that people go through 3 stages in their life:

  1. Having no money.
  2. Having negative amounts of money.
  3. Having positive amounts of money.

That’s how it went for me, anyway. I had no money during high school and college. I had debt after college. Then I had a little money for a while during my Prince years and then I went into debt again when I started my first business. After I sold that business it was the first time I had the opportunity to think about saving money.

I’m not cheap and I’m not particularly frugal but at the same time, I have very modest tastes. Luxury and exclusivity are abhorrent concepts to me. The things I want, for the most part, money can’t buy.

Still…all of us get old someday and we’d all like to retire to a comfortable life of some sort. It’s foolish not to take care of business. I’m actually quite jealous of academics who get tenure and can look forward to a paycheck until the day they die. That’s not the life I lead. The only way I get to a comfortable retirement is to put it away now.

The song I linked above (which you aren’t listening to) I wrote a long time ago when I had more money than time. When you are in that situation, it does not seem worth it. I will not become one of those people who put money before my kids or my family or my own interests and desires (and maybe even a vice or two). Money is a utility. It’s has no value in and of itself. I’m going to take care of business but I’m not going to whore my life out for money.

That’s actually why I’m so proud of my business, Clockwork. We put a lot of value on quality of life and we have a lot of fun as a result.

I want to make a nice living and earn a nice retirement but I want to do it honorably.