It’s been three weeks since Mr. FIREDup lost his job. Here’s an update on how things are going so far.
A noticeable effect has been that we have more fun family time! Mr. FIREDup can now do weekend chores during the week. We aren’t spending Saturday morning at the grocery store, and he can mow our fast-growing spring lawn any weekday the weather cooperates.
You know those pesky little tasks around the house that never seem to get done when you’re working all the time? We’ve got a list of those, and he can usually complete a couple things a day.
It’s really nice that his time off coincided with the weather improving significantly. We’ve had more time to go to the park and enjoy other outdoor family activities the past few weekends. He has also had time to indulge in one of his newer hobbies – photography. That photo at the top of this post? He took that on Monday while hiking in a nature area near our house.
The weeknight after-work dinner hustle has also calmed. Mr. FIREDup is a great chef and now dinner prep is well underway by the time I get home with our daughter!
I’m very excited to see what new opportunities might open up for my husband. His particular work is a narrow niche, and there aren’t a tremendous number of opportunities in our local market. I think this makes him feel a little uncertain about his prospects. However, it’s also exciting because he can find something he really enjoys doing. There have been a couple of promising leads, but nothing formal has materialized yet.
I’m extremely grateful that we came into this situation in good financial shape. My solid salary and our generally good saving habits mean that this switch to a single-income household hasn’t derailed our finances. In all honesty, if we were willing to tighten up our financial habits a bit, I think we could live on this income and still save for FI…it would just be at a much slower pace.
Financial Freedom = Flexibility for Lifestyle Design
This pause in the rat race of having two full-time working adults in our household has made me think a lot about financial freedom and the trade-off between time and money. Can we design a lifestyle with more flexibility, even if it slows down our savings?
What if my husband takes a part-time job that allows him to get home earlier to make dinner every night, or which gives him a day off every week to take care of household chores? What if he takes on freelance work (something that is very common in his niche) rather than another traditional 9-to-5? What if he finds a new full-time job, and that allows me to look for a part-time opportunity? What if both of us could work part-time?
It’s exciting to think about how we can design our future lifestyle so that we have enough money to live comfortably but also have more control over how we spend our time.
Have you made trade-offs between time and money? What mix of work works best for your (or your family’s) situation?