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This My Life Experiment blog is all about setting off on new experiments to develop habits that will ensure that I continue growing in as many aspects of my life as I can. So far, I have shared about my Compliment Experiment, Gratitude Experiment, and Meditation Experiment! At this time, I have some ideas for what my next life experiment will be, but I have not gotten it locked down yet. In the mean time I have had a concept on my mind that I want to explore here, so let’s explore!

For this post I need to talk about striking a balance between two very related topics. The topics are “living within our means” and “taking manageable risks.”

First let’s talk about what it means for me to live within my means. What are my means that I am supposed to live within? My best understanding of the topic, is that my means are simply all resources that may be available to me in the present moment. So financially my current means would be the income of my family, and even funds that others may have committed to offering. So basically, whatever I can get my hands on!

It’s in the financial world that I typically hear the “live within your means” story. Which to me is about spending resources that I currently have, on things I really need. And of course, not the opposite, spending resources I currently don’t have, on things I don’t need.

This Life Experiment of mine has brought me into a good deal financial debt these days. I graduated from University two years ago, and my wife and I recently bought a new house after finding out our first baby was on her way. Tie that in with student loans for my wife as well, and that says that we have quite a lot of debt. Some might say it is irresponsible to take on this much debt, or any debt at all. I don’t see much of a problem with it though.

I don’t have a problem with my family’s current level of debt because it is manageable and accumulated for good reason. I love to learn, and I feel the only way I could have gotten the type of education is through sitting in front of Professors and having imposed deadlines on the work I did. We decided to buy a house because we knew there was a baby on the way and felt like securing a place we could more comfortably grow our family in. And any credit card debt we have is paid off quickly so that we get rewards, instead of accrued interest! The decisions we have made so far haven’t saddled us with debt, but we have made decisions that would challenge our current financial and non-financial capabilities for years to come!

For my life experiment, challenging my current abilities is one of the most important things I can do for myself. And for my family for that matter! I believe the only way to expand my current means is by challenging myself, by taking manageable risks! Now don’t get me wrong here, I can challenge myself too much, but then that risk isn’t very manageable now is it. To now get loans on two cars and load up our credit cards to spruce up our beautiful new house, in my opinion would be completely irresponsible.

I don’t know about any of you, but if I do not take enough risks, this life experiment of mine can get excruciatingly boring! There is simply far too much energy inside of this body of mine. This energy is chomping at the bit to find its way into the world, and sometimes if it isn’t able to come out very soon, that will have consequences on my mental and emotional health. Meaning that my tendency towards depression and crippling anxiety starts nipping at my heels, which I cannot stand. I must keep moving, and that means raising the quality of my standard of living! So I am happy student loans were available when I wanted an education, and that a mortgage was available to get a house. Because I don’t think I would be patient enough to save up and pay out of pocket!

Raise those means!

Since making the massive decisions of having a child and taking on all this new debt, the way I go after money has changed drastically. My tendency had been to get comfortable at a job and not try very hard to advance. After realizing the direction my family’s life was taking, I immediately applied for a new position at my company. I got the promotion which eventually didn’t work out, but the point is that I took the big risk! The risk ultimately did pan out though because I gained respect from the company for taking on a tricky responsibility and will be in the running for future opportunities.

I have also been looking for new ways to earn from all sorts of different areas that I was not willing to try before, or even realized existed! I began playing with some stocks, taking surveys online, looking for online freelance work, and of course starting this blog! While researching and developing these new methods of making extra cash I am gaining a wealth of new information that is making my future look damn good!

It is safe to say that my current state is “HUSTLE MODE!” I am hustling more than ever because the stakes are higher than ever. My HUSTLE is to make sure the new risks we have taken to increase the means for our growing family, are manageable! I don’t know where this hustle is going to take us, but it sure is opening a lot of new beautiful and exciting doors!

Thank you for stopping by! And please remember that the views expressed here are my own personal interpretation and are not meant to be taken as simply the way things are! If you found the ideas in this post to be helpful, feel free to use them! Also if you found these ideas to be helpful, please share them on your social media to help me grow this HUSTLE of mine! Thank you all of taking the time to check out My Life Experiment, I have nothing but love for all of you!

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