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How would you occupy your time if you didn't need to work?

ElRaja

ODI Debutant
Joined
Oct 7, 2010
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A conversation came up with my dad today when we were talking about hypothetical career scenarios. I said if I had a certain amount, I would call it quits from the rat race and spend my time studying part-time and traveling as a "man of leisure".

While I understand some people are driven to make more and more, I don't think that would be me. If you were in this hypothetical position, would you choose to spend your time differently, and how so, or would you continue stacking?
 
I'd probably try to play as much sports as I can (cricket and squash), work on some charity projects, and spend quality time with my loved ones. Maybe do a more more stats work on PakPassion as well hah.
 
Video games. Posting on social media. Religious activities. Reading books. Watching sports.

There are many things a person can do. Nobody should be bored in 21st century.
 
The question made me think about the essay that John Maynard Keynes, the great economist, wrote in 1930: Economic Possibilities for our Grandchildren.

Keynes believed that humans were well on their way to solving the “economic problem” that had historically afflicted human society: namely “the struggle for subsistence.” He thought that in 100 years [i.e. by 2030], in the developed world, people would only need to work a 15 hour week. As a result:

“for the first time since his creation man will be faced with his real, his permanent problem-how to use his freedom from pressing economic cares, how to occupy the leisure, which science and compound interest will have won for him, to live wisely and agreeably and well.”

Although we have not yet reached 2030, it is safe to say this vision will not come to pass by then. But nevertheless his essay is interesting in prompting us to think about the nature of a “good life.” Below are some extracts from the essay, where he envisages a world where money is no longer an end but only a means to a “good life:”

When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exalted some of the most distasteful of human qualities into the position of the highest virtues. We shall be able to afford to dare to assess the money-motive at its true value. The love of money as a possession -as distinguished from the love of money as a means to the enjoyments and realities of life -will be recognised for what it is, a somewhat disgusting morbidity, one of those semicriminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease. All kinds of social customs and economic practices, affecting the distribution of wealth and of economic rewards and penalties, which we now maintain at all costs, however distasteful and unjust they may be in themselves, because they are tremendously useful in promoting the accumulation of capital, we shall then be free, at last, to discard.

Of course there will still be many people with intense, unsatisfied purposiveness who will blindly pursue wealth-unless they can find some plausible substitute. But the rest of us will no longer be under any obligation to applaud and encourage them. For we shall inquire more curiously than is safe to-day into the true character of this “purposiveness” with which in varying degrees Nature has endowed almost all of us. For purposiveness means that we are more concerned with the remote future results of our actions than with their own quality or their immediate effects on our own environment. The “purposive” man is always trying to secure a spurious and delusive immortality for his acts by pushing his interest in them forward into time. He does not love his cat, but his cat’s kittens; nor, in truth, the kittens, but only the kittens’ kittens, and so on forward forever to the end of cat-dom. For him jam is not jam unless it is a case of jam to-morrow and never jam to-day. Thus by pushing his jam always forward into the future, he strives to secure for his act of boiling it an immortality.



I see us free, therefore, to return to some of the most sure and certain principles of religion and traditional virtue-that avarice is a vice, that the exaction of usury is a misdemeanour, and the love of money is detestable, that those walk most truly in the paths of virtue and sane wisdom who take least thought for the morrow. We shall once more value ends above means and prefer the good to the useful. We shall honour those who can teach us how to pluck the hour and the day virtuously and well, the delightful people who are capable of taking direct enjoyment in things, the lilies of the field who toil not, neither do they spin.
 
Do a lot of squash, tennis, table tennis, travelling, reading.
 
Travelling.

I love travelling so I will for sure challenge myself and go on a world travelling adventure.
 
Last year I achieved the number for FIRE (Financial Independence Retire Early) which means I don't have to work. It was not out of any intelligent financial planning, but just happened that a startup co founded by me got acquired.
Initially there was euphoria, and I was tensed till I saw the money in my account ( till then had to do paperwork to satisfy the govt about the source of income). But that was shortlived. Got an independent house instead of an apartment and surrounded by neighbours who are rich and powerful, but I already feel (relatively) poor. The swimming pool is too small and not enough land for gardening. Should not have moved to a neighbourhood where people are richer than me.

Word spread, and got calls from childhood neighbours and acquaintances if I can loan them some money ( that money is never going to come back). Wasted money on interiors of the new house, getting a personal gym and a detached cabin for music and arts. No lifestyle changes. I still cook my own food and do the housekeeping, and have extra set of keys to look after now. CCTVs installed everywhere. Booked a luxury car, but having second thoughts if it is worth it. Got a grand piano and a music teacher ( this is going well). A small library too, but not enough time to read all the books I end up buying. Had to take a gym subscription because couldn't motivate myself to visit my own gym and it is now just useful when I am not able to finish my workout at the other gym.

The benefits have been these:
I feel lot more confident, and lot less stressed. Most of the stress was related to money, and now I don't have to worry about maintaining my current lifestyle.
Got respect from relatives, but it is mostly jealousy, that he was just lucky.
Became a good negotiator. It is surprising, but having more money made me confident to negotiate everywhere and don't buy anything unless they reduce the price, while earlier I would pay whatever was asked even if it pinched my pockets.
Started seriously on my hobbies I had neglected: music and arts.
More healthy now than I was at 20. Had my personal best in the delhi half marathon.

The downside has been that I don't feel motivated in my current job. But working because I only do consultation and no actual work. Spending too much time on leisure and finding that I am losing my touch in my core skills.

One thing I have realized that I will have to work till I am able to, and I cannot really retire. It is boring and what seems like a destination in the past, looks like the new origin for the future. Just that now I have more choice in choosing the work.

Already see some of my friends who have got 50 times the money I made in lesser time, talking about moving to tax haven islands or some european town with golden visa. While I am stuck in India. We all have to die one day, but having more money can give us some experiences we otherwise miss out on. And no point becoming rich when you are old ( still better than dying poor), I would want to be very rich while I am still young-ish. My inferiority complex and comparing with my peers who are better off, will never let me retire, but your mileage my vary.
 
very interesting and honest post @CricketCartoons , its interesting to see from the other point of view.

congrats on the success, but the home gym thing never works, i thought about it, but covid taught me i can never work out hard in a home gym, just too many distractions, lol.
 
I've had some spells where I haven't had to work. I've been between contracts with enough in the bank to keep me going for a while. With young kids, travelling a lot isn't an option.

Despite my promises to myself each time that I will read books, go to the gym, study something or try to better myself in some way, it never works. I ended up doing the opposite. Working or volunteering for a charity was also difficult. Unless you are extremely passionate, waking up to help unload vans or set up an event wasn't for me. I would rather donate money and go back to sleep.

From a social perspective, it's difficult too. Everyone I would generally socialise with was working.

Within a short period of time, it becomes frustrating and boring. I sometimes day trade but the lack of work also caused me to lose discipline and over trade.

I much prefer working with a bit more flexibility ( working from home, no core hours etc) to not working at all.
 
I've had some spells where I haven't had to work. I've been between contracts with enough in the bank to keep me going for a while. With young kids, travelling a lot isn't an option.

Despite my promises to myself each time that I will read books, go to the gym, study something or try to better myself in some way, it never works. I ended up doing the opposite. Working or volunteering for a charity was also difficult. Unless you are extremely passionate, waking up to help unload vans or set up an event wasn't for me. I would rather donate money and go back to sleep.

From a social perspective, it's difficult too. Everyone I would generally socialise with was working.

Within a short period of time, it becomes frustrating and boring. I sometimes day trade but the lack of work also caused me to lose discipline and over trade.

I much prefer working with a bit more flexibility ( working from home, no core hours etc) to not working at all.

interesting, ive always had that issue of enjoying the social element of being at work. i guess unless i could replace that with something else moderately socially engaging then it wouldnt work.

no desire to study something part time?
 
It’s interesting question, because with increasing responsibilities, I’ve sought to make some time at least for my passions; which are writing & reading fiction.

Shortly before a big change in life, I thought man, am never going to be able to write am I, so lets try and write something before the change comes into effect. So after about a decade or so I wrote my first short story.

Since then I’ve written 5 or 6 more which I would not have dream off. It was more off an on / off thing while at university and studying, doing creative writing courses on the side etc to and joining various work shops, but due to exams and other distractions I just didn’t fully get stuck in.

I broke my writer’s block by doing writing prompts during covid, a period where interestingly I shifted temporarily to a highly demanding technical role which had a shift pattern 2 days 2 nights then 4 days off - and the bonus was lovely to. When I booked leave, I only had to book the days which I worked during the week and was off for a month at a time here and there; but I can’t recall doing a whole lot and I don’t know if part of it was just recovering from the shift pattern. But as nice as the money was, it wasn’t worth it for me, I was off when others were working, the effort I put in did not justify the reward or how taxing it was.

In a normal role / routine now, regardless off what I need to do, I try and write 50 words a day and read a couple of pages from a book. And I do enjoy my day job to; I think in the field of science/eng you rarely get in it for the money compared to other jobs, but for the potential to stimulate your mind.

Am pretty content alhamdulillah, I am just grateful to Allah swt who has always had my back. I appreciate having the basics which those don’t have around the workd and don’t tie my goals or aspirations to something more material or superficial. If you go through some rough patches you become resilient and more peaceful in the longer term / appreciate all the positives. From a pure financial POV there are many I know who are doing considerably well, but are a little more bitter towards myself, and I never understood this when I use to put money on a pedestal at one point, however upon closer inspection I’ve discovered they struggle with inferiority, loneliness and depression; I try to advise some of these folk to focus on what they have, something as simple as your parents who you may get annoyed with etc but not a lot of people are blessed with that or a decent family unit. I am able to empathise with the struggles these people have as not all of them are truly horrible deep down.

Spend your money and do charity to, don’t be too kanjoos, if you die tomorrow you’re not going to take it to the grave. Don’t forget the lord and appreciate all the positives / little moments which pass you by because you may not be here tomorrow or it could all just end, so ride that wave.

To answer the question though lol I think if I wasn’t working at all, I’d probably spend more time writing, reading and on spirituality; but until then, I will continue to do these activities iA on a smaller scale at least daily.
 
I would love to spend more time with my family, hanging out with friends and in between somewhere will prefer to watch few movies.
 
Living an athletes lifestyle, working out in the gym 4-5 hours a day ie 1 hour weights, 1 hour treadmill, 1 hour rope skipping, 1 hour swimming, 1 hour walking with wife, kids, parents.

3 hours for breakfast, lunch and dinner. 2-3 hours tv with family, kids and parents. 1-2 hours video games.

1 hour for 5 times prayers in the day.

6-7 hours sleep.

What else does one need from life if you have eternal financial security and don't have to work any more?
 
Most part of the day (early morning start and game finishes around 3-4 pm in the evening) will be spent playing cricket. The rest will be spent with family and 1 of the days in the week will be spent with friends as well.

Sleep around 11 pm everyday for good 5-6 hours.
 
watch & play sport , invest & volunteer to help those in need & of course get closer to God
 
Learn one new manual skill every year. Carpentry, making shoes, Automobile training..
 
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