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Reasons to Survive Without A Salary

by Jarkko on July 12, 2010 · 4 comments

Since we were kids we have been taught the process for running our lives: “Get a degree. Go to work. Trade your time for money. Buy all the cool stuff your friends have — plus a bit more.” And we have learned to be rather good at it.

Times are changing.

We are starting to realize that we don’t need all that stuff, and that it is not going to bring us the happiness that marketers want us to believe. We notice that there is more to life than filling our own material needs. We see that life is what happens when you get out of your comfort zone and start to take some risks.

As safe as a steady salary feels, together with a habit of consumption, it can be a road block that keeps you from focusing on the things you love in life. If that’s the case, you may want to think about surviving without one. Here are some reasons to get you started on the idea:

  1. Use your time for something important: For me, what makes me think about surviving without a salary is that I want to stay at home with my two boys and get a glimpse into their worlds. For you, it could be something different: maybe you have a book to complete, a non-profit cause you want to devote your time to, or a crazy idea you just have to get out of your head and implemented.
  2. Be free to set your own rules: If you can survive without a salary, you are free: Free to set your own hours, free to say what you do or won’t do, free to choose where in the world you call your home. Freedom can be scary, as then it’s all up to you to be significant, but that’s what makes it exciting.
  3. Focus your spending: Surviving without a salary starts by cutting your spending. Guided by your big goal of surviving three, six — as many as you need — months without a safe stream of money, you will be forced to make smart choices and learn to appreciate what you have. This will make your lifestyle more sustainable, and even if you decide to go back to having a salary, it doesn’t have to be the main criterion for choosing your job.
  4. Be ready for a down-turn: If it happens that the global markets go down again, you never know when is your turn to walk the plank. By learning to survive with less, you won’t even care: you will be ready.
  5. It’s an adventure: As children, we couldn’t wait to grow up so we could embark on all the big adventures life had in store for us. Then we finally did, but what happened to all those adventures? It’s all about the journey.
  6. Thrive: Surviving without a salary, you can build a meaningful business that leaves you time to do the important things you care about. That way, in the end, surviving will turn into thriving, and you may never want your salary back again.

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{ 4 comments… read them below or add one }

Sean G July 18, 2010 at 6:31 pm

Jarkko,

Great post. I particularly liked “Times are changing”. The six reasons were all good points. For number two we should be careful about how we perceive freedom. We can get caught up in idealizing a fantasy when ultimately we are free here and now. I look forward to reading more from you.
-Sean

Reply

Jarkko July 19, 2010 at 8:44 am

Than you Sean! You are right, it’s a very liberating thought when you realize that you are already free to make your own choices, and no one is forcing you to stick to something you are doing now…

Seth Godin said it well in this post: http://sethgodin.typepad.com/seths_blog/2010/06/youre-already-self-employed.html

“In the long run, we’re all dead. In the medium-long run, though, we’re all self-employed. In the medium-long run, the decisions and actions we take each day determine what we’ll be doing next.”

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Matt Spilman July 22, 2010 at 7:22 am

Hi Jarkko,

I just discovered your blog and just wanted to say “Cheers!” I really enjoy the theme and theory behind this blog, and will surely be back for more.

All the best,

Matt

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Jarkko July 25, 2010 at 3:35 pm

That’s great to hear! Welcome!

Reply

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