I have health insurance, dental insurance, car insurance, home owner’s insurance, road-side assistance, two types of life insurance, lawn treatment service, pest control service and today I had a termite inspection and am considering what type of termite service is best for us. Granted, some of these items are non-negotiable and some I never actually have to write a check for.
I started thinking about the money that would be available if I eliminated some of these expenses. However, I didn’t spend a lot of time considering that new income because I immediately thought about the consequences if something happened in any of those situations. Okay maybe it wouldn’t be catastrophic if I had weeds in the lawn. But the fact remains that I spend a lot of money in order to avoid paying a tremendous amount more.
I started wondering about that principle in relation to other areas of life. How much time are we saving by speeding yet risking the hour long conversation and the money it will cost in the event we’re pulled over. How many hours do we spend working to provide for our family and many times alienate them? The list goes on, gym membership versus major operations later on in life.
We all say at one time or another that we don’t have time or money or margin to do things to better our situations or improve ourselves. There are areas of life where if we take the time or necessary measures we can have better opportunities, quality of life, or relationships with our family. Take some time to evaluate where the majority your time and money is spent. You’ll find out what those who are closest to you feel is most important to you.