Thursday, March 11, 2010

Financial Dreams

Due to some circumstances, I'm having to look at what it is I really want out of my future financially, all the things I would like to do in my life, and therefore need to be able to afford. I work better writing things down and who doesn't like to dream of what it is you wish for in life? Its probably something that you also like reading or hearing about others dreams for themselves. So for your reading pleasure:

I like to think that my wants are simple, and that I know the value of simplicity and frugality and the important things of life: family, health, religion, passion. I like to think that I don't overdo or wish beyond my means, and since at this point, I don't know my means and I appreciate having a vision to aspire to, these are my goals or things I would like to attain or possess in this life.

A Home:
So far I know I want it to have 4-5 bedrooms including a master suite with deep jetted tub, a bathroom on the first floor, a "man room" for my husband, and a "me room" for an office/craft room possibly in a loft, a workshop in the garage for crafting, woodworking, etc, a roomy kitchen and quality, comfortable furnishings throughout the home in colors that are pleasing and invigorating to both my husband and I, energy efficient features and as many sustainable materials as possible. We'd like to have enough land for a sizable vegetable garden and I'm enamored with the idea of backyard homesteading. If the home had a stone turret and stained glass windows, I'd be living a dream.

An education for each member of the family:

My husband's PhD is paid for at this point (such a blessing!), as well as my master's degree. Undergraduate college educations for our children are given, but we make the caveat of being willing to pay the equivalent of the LDS subsidy at BYU and not more for a private university. Then there's my PhD that someday I will get but I would hope that would be paid through by fellowships and assistantships, like my husband's. Private schools for my children as they are growing up are an option, and I would like to be able to afford them if we decide to pursue it. Right now we are pursuing a preschool for Willem because it provides a German immersion curriculum and we hope that Willem will be able to pick up enough of the language to be able to converse with my husband in German.


Hobbies are so expensive but bring a great amount of fulfillment and interest to life. My husband's hobbies are especially expensive: woodworking, guitar and photography. Mine can be expensive too: quilting/sewing, guitar, yoga, and dance. We would like to be financially comfortable enough to buy nice equipment for our hobbies. I'd like to be able to afford dance lessons and yoga classes, as well as maybe someday a industrial embroidery machine and long arm quilter. In our house, we'd like to have a full music room with all of the instruments to make up a rock band. So far, we're just missing the drum set and the microphone. There's something about guitars too, and it seems that people who enjoy playing, also enjoy collecting them. My husband and I are dreaming about this one: I know my husband wants to build and restore cars with our children as a way to connect, spend time with and teach them as they grow up, that will require a garage and the money for tools, parts and cars.

This is where we will likely need the bulk of our wealth. We would very much like to travel to as many places in the world as possible. Our short list is not so short and when we think of travels, we think of being immersed in the local culture by staying for a month or more. That's what we hope to do with a trip to Europe and I would like to stay in Mexico for 3 months or so.

Missions, Philanthropy and Charitable Donations:
My husband and I both have pet causes that we hope assist in accomplishing their goals. My favorites right now are The Coalition for Improving Maternity Services and MomsRising. When we are old enough to have a children out of the house, we strongly desire to serve missions as a married couple for The Church of Jesus Christ of Latter-day Saints. In serving church missions, there are opportunities to serve around the world from Norway and Ghana to India and Hawaii, as well as opportunities in the continental United States.

I think that covers the range of interests and areas in which money is necessary. Those are my dreams. What are yours?

1 comment:

Rixa said...

Our last house (Craftsman Tudor-style house) was almost exactly what you described, to a T, except for 1 or 2 minor details. It was the most amazing house and I don't know if we'll ever have anything close to it again. Sigh...I like a lot of things with our new house, but as a whole I am dissatisfied. I don't *love* my house like I did the last few I lived in. Of course, I am very aware that most people in the world could never dream of such comfort and luxury so I am also trying to remain content with the abundance I already have.

I would love to give Zari a bilingual education in French & English--something that we could do anywhere in Canada for free. But it won't happen in the small town we live in at the moment, unfortunately.

I'd love to share a tenure-track position with my husband, so between the 2 of use we have 1 full-time job. He could be home with the kids more, and I could actually get paid for the things I'm already doing--writing, publishing, researching, and going to conferences.

We are very fortunate to own our house outright (and we also paid cash for the rental house we just purchased, so all of the income goes right to the bank). That happened thanks to renovating a house during our graduate student years and selling it just at the right time.

I'd love to live in a bit bigger city, with enough of a yard to grow a lot of our own food. But not in the country--we highly value living in a community, within walking distance of all our everyday needs (school, post office, library, groceries, entertainment, etc).