A big free cash flow into the house I have to admit is very nice. Our goals seem that much closer when you are pushing through the mortgage at a break neck speed. Actually we are doing it so fast that we decided that any extra cash flow into the house would be used for fun stuff. So this has resulted with my wife is having a bit of problem, which to be honest I think most people would like to have. She has to pick a new client for the daycare where money really isn’t an issue.
Therefore as she does interviews and looks for parents that seem nice and will have a similar parenting style to our own. Yet more importantly she watches the interaction between our kids and theirs. If the kids play well together the odds of getting accepted increase hugely. Yet now she has run into a problem. She likes two families and their kids a lot, but their care requirements are different. One option is two kids three days a week, the other would be one kid for five days a week.
I think in an attempt to find some difference between the two cases we discussed the money side of the equation, which at one point I summed it up nicely “Depending on how soon you want to renovate the kitchen, you would pick one over the other.” Her response was “I don’t really care about renovating the kitchen that much. I’ve lived with it for almost four years, what’s another couple of years?” Then at that moment a thought stuck me: this is the kind of discussion you have when you are financially independent.
Our basic needs are covered and we are making fine progress to our goals so any extra money is just that extra money. If we want to do something that is nice to have, like renovate the kitchen, we can do it. Yet we also have the luxury of letting my wife choose to work less if she wants.
In the end, this just proved to me an interesting point. I think we are the right kind of people to retire early or be financially independent. We consider money in our decisions but we are not driven by it. Happiness is usually a more important factor.
Has anyone else been in this situation where you were picking a choice not really based on money for a small business? What did you choose? Perhaps you can help my wife with her decision by telling your story.