On activist money-related decision-making
October 11, 2016 § Leave a comment
[The] list of things that are important to you…tends to get bigger in middle age, when it might include many of the appurtenances of a middle-class lifestyle, including a comfortable house in a safe neighborhood, a college fund for your kids, a retirement fund for you and the ability to take care of your parents should they need help. All this, by the way, has nothing to do with selling out, and everything to do with common sense, meeting your obligations to yourselves and others and not being a burden on your loved ones. It also has to do with building the kind of happy, stable life that fosters a sustainable and productive activist career.
Of course you can make choices, lots of choices. You can buy a small house or a co-op, instead of a big house with a big mortgage and big heating bills. You can drive an old car, or not use a car at all. You can have one kid, or no kids, instead of two kids. And you can ask that kid to attend a state college for a couple of years before transferring into the Ivy League. These kinds of compromises are recommended by the authors of two excellent books on money management, The Millionaire Next Door and Rich Dad, Poor Dad. Every activist should read them. (Hillary Rettig, 2006, The Lifelong Activist: How to Change the World Without Losing Your Way page 41)
see also http://lifelongactivist.com/part-i-managing-your-mission/the-worst-choice-not-having-a-wellpaid-career/