Hi there, Mrs. 1500 back to recap last week’s question, How much do you spend on haircuts? If you recall, I got an amazing haircut, but I paid a lot for it. Mr. 1500 was surprised at the cost, and I asked you for your opinion. (I’ll pass the baton to Mr. 1500 for today’s question after our review.)
Many of you agreed that $152 isn’t all that much for a really great cut, and Mr. 1500 should give me anything I want. I’m just paraphrasing there, but I can read between the lines…
Mr. BigLaw Investor said:
I’m on Mrs. 1500’s side on this one though and I encourage her to have you watch Chris Rock’s 2009 documentary “Good Hair”. You’ll be grateful that you’re only spending $152 twice a year.” (He’s an attorney, so that’s probably a law somewhere that your wife has to have good hair.)
Reader Jacq replied:
I get my hair cut 1-2 times a year and with color (east coast prices) it comes to ~$125.
Jason from Reaching Our Balance shared:
Well my wife spends $200 on a cut and color every two months. Be grateful Mr. 1500.
Brian from Debt Discipline says:
…my wife between $100-125 every two months for cut and color. She has been going to the same stylist for over 5 years. It’s something we’ve discussed about reducing, but it’s one of those things that’s important to her. We just factor it into our budget.
Mr. Tako was firmly on my side with:
… $152 isn’t all that bad. I thought it would be somewhere in the $300-$500 range.
And Danny Morebucks really brought it home with his spot-on comment:
…$300 a year doesn’t move the financial needle one way or the other at your level.
So it looks like nobody thinks this is a bad idea.
And now I pass it off to Mr. 1500 for this week’s query.
Hold off. What?!!! Mr. 1500 here. I’ve got a few more responses from last week.
Mrs. 1500 ‘missed’ what Team CF from Cheesy Finance had to say. In addition to a very clever haircut pun, he added:
…wow, that is one expensive hair cut…
And it seems like she also glossed over Full Time Finance‘s comment:
…My wife gets her hair done but usually its Supercuts. I’d venture to guess family of 4 hair budget is maybe 45 dollars a year.
She also apparently “missed” the comment from Mrs. PoP who said:
I usually spend $40-$50 on a haircut, but only get it cut every 2-2.5 years.
Or this one from Mrs. Picky Pincher who relates:
So I haven’t dyed my hair in almost two years! When I need a trim, I use a coupon for an $8 cut at Great Clips.
Sorry, does that say $152 or $8? In case you missed it, it was:
Tawcan couldn’t believe the cost, either:
Wow that’s pretty crazy price for a hair cut.
I think in return Mrs. 1500 now has to keep the thermostat at somewhere around 52 degrees to recoup the $152 spent on the haircut…….I might have just solved your thermostat problem this year.
OK, I’ve proved MY point. On to this week’s question:
Is retirement an all-or-nothing proposition?
An amazing thing happened last week. It is difficult to relate just how happy it has made me. Ready for it? Here it is:
I went part-time at work.
My new schedule has me working Tuesday through Thursday. And I can’t say it enough; it’s the best thing that happened to me in a long time:
- A huge smile bloomed on my face when in the middle of the day on Thursday when I realized that it was my Friday.
- Same thing happened as I wrote this post on Sunday and realized that Monday is mine. All mine baby.
- I enjoyed a beer on a Sunday night. My modus operandi is to not drink beer on a day before I have to work. Sunday is my new Saturday, so down the hatch it went.
OK, more beer isn’t a positive outcome of my part-time schedule, but this new situation is leading to better mental and physical health. I know, it hasn’t even been a week yet, but I’m dramatic at times. This is one of those times.
Here was my schedule for last Friday:
- 6am – 7:30: Woke up at 6. Had breakfast with the girls and dropped them off at school.
- 7:30 – 11: Went home and worked on a project for 3.5 solid hours. Got a shitload done.
- 11 – 12:30pm: Went to the gym where I ran three miles and biked for half an hour. I’m slow, really slow.
- 12;30 – 1:30: Went to the library and read.
- 1:30 – 3: Went home and worked on my project some more.
It was wonderful. My project is giving me incredible fulfillment. I had the best cardio workout I’ve had all year. And I didn’t feel that rushed. Oh yes, I still felt rushed and I always will, but not my normal running-around-like-a-madman style.
Will it be enough?
It is still far too early to tell if my 3 day/week experiment will be successful. The main question I have is this:
Will I be able to do everything I want with my additional 16 hours of freedom?
I doubt it.
Am I Still an Early Retiree?
My 1500 days is almost in the bag. February 2017 is supposed to be when I called the game. What happens after that? Can I call myself an early retiree if I still work 3 days a week? I don’t think so, but what am I then?
This brings up another question that I ponder all the time:
What is the definition of work?
If I quit my tech job completely, but work on my personal project (also technology), will folks call me out? The main difference is that my normal job pays me and my personal project doesn’t. Yet.
I’ve seen people lay into MMM because he quit his 9-5, but still blogs. Hell, I’ll still blog too no matter what my job status is. I enjoy it too much. And maybe that is what matters. Here is what I think about work:
If you’d do it for free, then it doesn’t meet the standard definition of work and you can call yourself retired.
Of course, many of these activities that FI folks do for free because they are energetic and accomplished often lead to income. And then the Internet Retirement Police rear their ugly heads again.
Finally, I think the word retired is horrible. It has too much baggage and implies stoppage of all effort in the minds of many. If you’re 30 and are financially independent, you should call yourself something else. I don’t know what, but there has to be something better.
Where was I going with all of this? I have no idea. Here are some questions anyway:
- Would you consider going-part time as opposed to completely cutting the cord?
- What does retirement meant to you?
- What does work mean to you?
- What is a better word than retired?
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