There seems to be a trend in society, particularly among the ‘millenials’, to shift from being money-minded to money-conscious. To see money as an enabler for a certain lifestyle rather than an object of life itself. This cultural shift belies the fact that our fundamental attitude towards money remains unchanged: money remains at the forefront of our minds and thereby our choices.
I don’t want this to be the case and so I have chosen a different approach: to not accumulate money at all. Since last year, as a rule, I donate at least a third of my pre-tax income, save little and do not invest. This initiative comes on the back of years of reducing the meaning of money in my life and has liberated my ‘life’ choices from being money-conscious, enabled me to follow my passion and (better) live by my principles. I would not be living in Kenya were it not for this.
Disclaimer: It is very important to note that I can take this approach thanks to a great deal of privilege I have been lucky to receive: no ‘living’ responsibilities (other than my house-plants), no debt, a family that can support themselves as well as myself in case of an emergency, a citizenship that guarantees a basic livelihood and safety, employable skills, good health and (although not a privilege as such) no partner.Continue reading Money-Unconscious