Living the Lake Life Lavishly… for Two Days

I could not be more focused on digging out of my financial situation right now, and these types of stories are exactly why. I want to get to a point in my life where not only am I financially secure, but I’m actually so secure that I can share with my friends and family.

Starting Credit Card Debt (01.01.19): $126,310.77
Current Credit Card Debt: $109,045.60
Total Paid Off: $17,265.17
Income Going to Savings: 2%

We had the pleasure of being invited to a house this weekend for a 2 day get-together of several families celebrating the end of our lacrosse season. The house itself was modest to say the least, but the lakeside location was not.

We spent hours on the lake yanking kids around on innertubes, grilling hot dogs in the backyard as we watched the wake lazily lap the dock, chasing frogs, and drinking (far too much) beer as we watched the sun set over the distant pines.

As the weekend progressed and I began to ask a friend about the dude graciously let us borrow his pad for the weekend, I found out it’s not even his main home.

“He’s got several properties,” I was told, “He’s a single guy, so he doesn’t worry too much about keeping them spotless, which is why this place is in need of a coat of paint. It’s also why it’s perfect for 15 lacrosse boys to goof around in without worrying about them wrecking the place. This is really just kind of like one of his bachelor pads, so he often lets us use it to take our boat out.”

Several properties? One of his bachelor pads? Of course my next question had to be, “What does he do for a living?”

“Nothing,” was the response, “He’s in his 50s, and made some good investments. Now he just has some real estate and lives off of the income from the investments and some rentals.”

I should have known that answer was coming. I’ve read a ton of financial books over the past 6 months, and they all break down to a very similar formula of good investing in some kind of combination of stocks and real estate.

It’s an odd thing, but my wife and I have always kind of been in a “oh that’s what those types of people do” upon hearing these types of stories. We’ve always seen people who invest and do smart money things as people outside of our realm of existence.

I personally always thought it was some highly complicated system that only people with business degrees understood. The simple fact of the matter is that blue collar folks just like us can also own rad lakeside homes. You just have to save money and get lots of advice about where to put it once you do!

Again… this home we stayed at is not a palatial estate by any means, and Jay Z and BeyoncĂ© won’t be dropping by for Christmas. It was however bought and paid for, and it was his to come and go as he pleased. Even more importantly, he now has something he can share with friends and family.

I could not be more focused on digging out of my financial situation right now, and these types of stories are exactly why. I want to get to a point in my life where not only am I financially secure, but I’m actually so secure that I can share with my friends and family.

“Of course you can use the lake house this weekend. I hope your family gets as much enjoyment out of it as I do.”

“I think your kids would love camping. Why don’t you take our trailer for the weekend and try it out?”

“Your daughter expressed an interest in unicorns. Want to come to our house this weekend and my daughter can take her for a ride on ours?”

[The camp trailer one might be stretch.]

So might I suggest to you that you find your “lake house” find that carrot that you can dangle in front of your nose. For us it might specifically be a beach house, but we know what we’re driving towards, and we know that we want to share it once we have accomplished what we’ve set out to accomplish.

And once you have reached that goal, let those you love reap the reward with you. Work hard, save well, and share with friends and family. We only get one shot at this, and we should bring as much joy to the lives of others as possible!

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