Eager to Live an Adult Life vs. Preparing to Live
It has long been my contention that many people try to make it to the big leagues (of life, not professional sports) before they are financially stable enough to do so. Some might just chalk up these life decisions to personal preference. However, I believe that it if you dig deeper, there is an over-arching difference in mentality amongst these 20 somethings. It is my believe that this professional-type demographic is divided into those that are “Eager to Live an Adult Life” and “Preparing to Live.” Which one are you? Read on.
Eager to Live an Adult Life
Let me start by saying that for purposes of this discussion, the Eager group defined as spending on items that are more characteristic with someone who is more domesticated. Those that are Eager are not necessarily living a wild life, but they are more willing to seek out comforts, rather than adventure. Do you often say to yourself “you only live once” and allow yourself certain luxuries that your parents and friends would consider wasteful? If so, there is a good chance you are likely part of the Eager group. Did you buy a luxury car before you were 25 when all of your friends had junkers from college? Did you rent a luxury apartment or insist on living alone when all of your friends had roommates?
Did you seek out the additional responsibility of having a pet at a point in your life when it could have been all about you? Did you purchase furniture that is a little too nice and now you don’t like having friends crash on your couch? If enough of these are true, watch out world, you have probably been part of the Eager camp for a while.
Preparing to Live
This group of individuals tends to be more conservative but also more resourceful in finding ways to have fun. This group is more likely to have a 401k and significant savings. The Preparing to Live group is not as interested in comfort from material possessions as the Eager. Instead, the Preparers understand that concept that luxury items and certain comforts are not necessary or expected from the young. As an example, it is more socially expected that a 35 year old will have nicer accomodations than a 25 year old. As such, the 25 year old Preparers embrace that discrepancy and save their money. Similarly, the Preparers can’t be bothered walking a dog three times a day because this is a period of their life that is best spent being selfish. In short, the Preparers recognize that there will be a point in their life when luxury items, dogs, and high fixed costs will be appropriate or even expected. That time is not now. Now is the time to act young, since you are young. And that does not mean to be irresponsible, but it does mean to do the things you can to limit responsibility.
On a personal note, I recently realized that my lifestyle aligns more closely to the Eager group and I’m not all that happy about it. As a long time Preparer, I took alot of pride in stretching out my adolescence as well as the patience I have shown in accumulating nice possessions. My 2002 Hyundai Accent was nothing to look at, but it got me from Point A to Point B. I think the greatest challenging is that once you get used to a certain standard or lifestyle, there is no going back. Watch out world. Pappa’s got a new pair of shoes.
Bright Lights, Big City.