Scrimping and Saving
I realize most folks are frugal so they can escape the rat race and the idea of living frugally and then spending it all on tuition fees seems somewhat counter intuitive to many people.
Our thinking is that we are paying for a school that aligns with our values and educates our child. We are supporting our family through a great education and the school through our tuition. It means lots of stuff doesn’t happen, and we keep lots of records.
If you are following a similar path, after years of scrimping for school your spending will be on autopilot. And one day you will reach that point where there is no more tuition and you can redirect those funds to retirement savings. And one day you might have the option to quitting your job! Don’t!
Instead select a job you enjoy and a cause that resonates with you and funnel your future earnings there. Or take on a volunteer with a charity. Help a family member. Write poetry. Or start a blog. The point is, set aside some side to be productive and direct that output to the benefit of other people.
After all, your education (from elementary school to today) probably cost more than your car. And your house. Don’t let it go to waste simply because you are done with it. After being so efficient for so many years it seems sort of wasteful to let your productive capacity diminish through lack of use.
The idea of voluntary simplicity in spending to eventually to spend most of the time on the beach might appeal for you. And do it. For a year. And then use your good fortune, your skills, and your hard acquired skills and education for the greater good.
Consider giving it away. Imagine the good you can do if you are so fortunate. I bet there is a school you are really familiar with that could use some donations from income you don’t need or hands on volunteer help.
We need you
But don’t quit. We need you. And you need us.