We love where we live, we know that we’ll always want to have a base in London (and it makes financial sense to do so) but I have been feeling lately that even though our financial plans run parallel with our minimalist plan, the former is also holding back the latter.
Let me explain.
Our long term goal is to pay off our mortgage, rent our house out and travel the world. We want to own less stuff because we don’t want to move it around the world and selling it all has provided us with money we have used to finish our property and pay down the mortgage.
This nomadic, minimalist lifestyle has been a dream for a long time and I’m really proud of us for organising our lives to achieve it.
However, and here comes the rub, part of minimalism is supposed to be about arranging your life to live for the now, to become an ‘experientialist’, to live your live unencumbered now. Minimalists out there will tell you they work three day weeks because that’s all the money they need, that they go on sabbaticals from work, and have generally simplified their lives in order to do something exciting.
I feel that our new exciting, minimalist life is somewhat on hold for the next five years. We are both working hard to earn more to pay down the mortgage. We are busy finishing our house so we can get a lodger and maybe AirBnB a room to make extra money to pay down the mortgage.
Working harder and squirrelling money away rather than spending on experiences weirdly doesn’t feel very minimalist.
There are people out there who have sold the house and are living their travelling dream now. But is this a short-sighted plan because the money will one day run out? We’re thinking longer term and working hard for a few years so that we can use rental income from our house to fund our travelling lifestyle indefinitely.
Are we right? What would you do?