I am in the park of my neighborhood playing with my kids on Monday.
Our subdivision has 500 homes in it. So some people can walk to the park and others can drive. Now up pulls this sweet brand new Infinity SUV. I don't know anything about Infinitys but this one was big. It looked like a souped up Armada.
Out walks Dr.So and Sos wife with her 7 year old. She is the wife of a dentist and they live in the neighborhood.
I don't really care if someone has a nice car. I think it is a depreciating assest but if you have money to burn, and you think it is cool, go ahead.
The problem I am having is that she has got her house on wheels and he drives a Hummer. They have a third car which is a Jeep Wrangler for weekend drives if they want to put the top down. They live in the biggest house in the neighborhood and ON A LAKE. They have a screened in pool. They have a huge yard with a batting cage in the back yard.
His three kids all go to private school.
I remember talking to him and he bought his son a truck, no problem right?
Well his son was only 15.
Before I forget. I really like this guy. He is nice as all.
But what the heck.
For me it is week to week. I know I make a lot of money and I try to spend it wisely. I budget, I tithe, I save, and I am truly cash poor.
Let me back up. "I budget". Maybe that is a stretch. Sometimes I feel like if you have money it is hard to budget. Some people budget so they can afford to live. We budget because we want to get out of our house debt faster. So, because of this, budgeting in our family is don't spend more than you make. It is hard when the wife is beat from running around after the kids all day and doesn't want to cook and says lets go out. "No problem honey."
We really want to get the house and office debt monkey off our backs, because it really hangs over you. But...
Have you ever read The Millionaire Next Door? Well this book talks about the habits of millionaires. It talks about how they all budget, they all save, they all tithe (as a whole), they give alot to there kids college and they are all cash poor.
I totally buy into there way of thinking.
But I don't always do it. I like to spend every once in awhile. I like taking my wife out to a fancy dinner that cost way too much because it is fun. I like taking a vacation for no reason because I need a break. So I retire a little at a time. I don't understand the mentality of working your ass off and then being so tired at 65 that have to retire.
I take 5 weeks off a year. I work 4 days a week. I have got the life.
Which brings me back to the dentist in the neighborhood.
My assistant says, "why don't you go over there and see how he does it."
I thought about how he might do it. If it is legit, I mean, no stealing off the top, paying all your taxes, no insurance fraud. (I am not saying everyone who makes more than me is illegit).
If someone is going to make that kind of money, does he or she run 3 chairs at a time? Maybe stick an emergency rct, post and core and crown in the middle of a busy day. So this maybe means working through lunch and running an hour late at the end of the day. I have no problems with someone else doing it this way, but I can't do it. Do they pay their staff well? Are they running their staff into the ground? Always having to deal with staff turnover?
I thought about it awhile and said, "No."
I don't care how he does it. I like the way things are going here. We are totally relaxed all day. We never go without eating. We stay after work about 10 minutes about once a week. I have got enough problems (mostly self induced) and time issues (see two blogs ago), that I don't need anything else.
I have been to the lectures that say, "I numb up patient number one, go numb up patient number two, prep a crown on patient number one while number two gets numb."
He claims that if you are taking more than 5 minutes to prep a tooth you are wasting time. So this guy produces more in the first hour of his day than I do in one day.
I don't roll like that. I have 15 minutes of BS time with each patient. There is no pressure, no running around, you have relationships with you patients and they come back.
So I don't have all the stuff he has. So what.
I get to spend alot of time with my family. I am content. Why would I ever want what he has when I have what I have.
Talk to you Friday.