30 Days TV-Free: How Has My Life Changed? - MoneyByRamey.com (2024)

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“Should I give away my TV?”

I asked myself the question for so long: should I give up my TV for a time period or perhaps for good?

I am not sure when I was inspired to give up my television. It might have been when I went on my health kick and got into the best shape of my life. I was reading books about health and many of the stories of the professional athletes alluded to them not watching TV much or some not even having a TV in their home.

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Or perhaps it was the time when I read the statistic that for every hour spent watching television, studies show you lose 22 minutes off your life. Statistics like that really speak to a person.

Inspired, I took the plunge. I no longer have a TV in my home and I must admit; it feels fantastic. Now, for full disclosure, I still have the internet and will watch YouTube on occasion but for some reason I find that much less mind-numbing than TV. I would say that 75% of what I watch on YouTube is educational in nature, which helps me grow and improve my life instead of watching my day away.

The Question Is..

Should you give up TV? To that I would say “to each their own.” You have to make that decision for yourself. For myself, it will be some time before I consider going back to having a TV in my home, if at all.

Benefits of Being TV-Free

For now, here are the awesome benefits I have seen in my life as a result of giving up my television:

More Exercise

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I have been exercising more than usual. For me, this is a great thing as I like to be active and engaged on a daily basis. Taking care of my body is very high on my value system scale, so the idea of working out daily instead of sitting in front of the ‘telly’ has vibed much better with my overall life ideals.

More Reading and Learning

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In addition to increased exercise, I also value learning and growing as well. Since I gave up my television about 30 days ago, my appetite for reading has increased exponentially. I finished my first book, Simple Budgeting and I am reading 200-300 pages more than I usually do.

I have also built up my dividend portfolio to nearly $3k in annual income.

All of these actions are more in line with my value system of learning and growing on a daily basis.

Increased Balance

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With the time formerly dedicated to watching television, I am now utilizing for other pursuits in my life. I am socializing more, reading more, finding time for meditation and taking life at a more even pace.

I am somehow filling up my schedule with much more in my life now but in ways that are helping me grow both personally and professionally. This has allowed me to find more balance in my everyday pursuits as I am now finding time for things I had been putting off before.

Starting to Socialize More

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This is a big one for me. When I gave up my TV, I began to feel irritable, angry, and went through bouts of feeling very lonely. I deal with anxiety in my life although I work hard to put on the facade that things are great.

Giving up TV has allowed me to face the pain that has come about from routinely socially isolating myself and has turned me towards the solution rather than numb the pain away through getting lost in TV. I find that now I am seeking out more friendships, events, working from coffee shops instead of my home office (in fact, I am writing this from a Caribou as we speak).

Out of all the benefits, becoming more socially oriented might be the hardest yet most beneficial benefit experienced thus far.

Pushing Projects Forward

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Another solid benefit has been that I am pushing a few projects forward that had sat stagnant and in the ‘forever’ phase. Instead of procrastinating through the ‘I’ll do it later’ procrastination mindset, I am actively achieving those goals on a day-by-day basis. It has been great to have more time and energy to be in a position to start pushing these projects forward.

How Inconvenient Will It Be Being TV-free

Have there been any drawbacks to no TV? Off the top of my head I would largely say no. However, there have been a few instances where I find myself wondering.

Did you see?

  • The game last night?
  • The new ‘so and so’ series?
  • The latest and greatest…..?

These are topics that people like to talk about and since I have given up my TV, I cannot speak to these. Sometimes this is tough.

However, If I am completely honest, I am OK with this. I usually just ask a few questions about the show, get them talking and we move on to a new topic. I do not judge them for liking the show nor do I ‘humble brag’ about not having TV. Again, to each their own.

Missing Inspiration

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One of the big things I miss is not being able to watch my sci-fi movies and series. Something about the journey to the unknown is so inspiring to me.

Whether it is the movie Interstellar or the series The Expanse or Battlestar Galactica, I love watching the idea of what could be. This I will miss.

But again, it comes down for me “is it reality?” It isn’t, and reality is where I want to build my life.

TV was good ‘Down time’

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Nothing was better than coming home after a long day at the office, making dinner, then popping in an episode of the latest show or movie I was watching. TV was good down time.

The only problem was that it was 8pm by the time I was done and I only had a few hours left in my day. This is not a situation that I liked to be in during the week. Now I have so much more time in my life that I have been taking sunset walks on the Mississippi, trying new meetup events, being around friends and family more.

Bringing it Home

As you can see, I write out the benefits and the drawbacks but in large part the benefits far outweigh the drawbacks. If I had to do it over again, I would sell my TV again in a heartbeat.

Not only did I make some money off the selling of the TV, but I gained more time freedom as a result. I also became more conscious of some personal areas that I need to work on in my life and began the process of working on those areas.

Will you be dialing back your TV viewing or giving up your TV altogether? Why or Why Not? Start the discussion below!

Upwards and Onward towards Financial Freedom!

Disclaimer: (1) All the information above is not a recommendation for or against any investment vehicle or money management strategy. It should not be construed as advice and each individual that invests needs to take up any decision with the utmost care and diligence. Please seek the advice of a competent business professional before making any financial decision.

(2) This website may contain affiliate links. My goal is to continue to provide you free content and to do so, I may market affiliates from time-to-time. I would appreciate you supporting the sponsors of MoneyByRamey.com as they keep me in business!

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30 Days TV-Free: How Has My Life Changed? - MoneyByRamey.com (2024)

FAQs

How do you know if you are financially free? ›

Everyone defines financial freedom in terms of their own goals. For most people, it means having the financial cushion (savings, investments, and cash) to afford a certain lifestyle—plus a nest egg for retirement or the freedom to pursue any career without the need to earn a certain salary.

How to reach financial freedom 12 habits to get you there? ›

The following are twelve key habits that help pave the way.
  1. Set life goals. A general desire for “financial freedom” is too vague of a goal. ...
  2. Make a budget. ...
  3. Pay off credit cards in full. ...
  4. Create automatic savings. ...
  5. Ignore the Joneses. ...
  6. Watch the credit. ...
  7. Negotiate. ...
  8. Continuous education.

Do people want financial freedom? ›

Financial independence is a common goal for people at many different life stages. In fact, 67% of Americans say achieving that milestone is important to them, according to a recent survey from Empower financial services.

How do you know if you are on track financially? ›

Those who are financially healthy are successfully managing all aspects of their financial life. They have good to excellent credit, a handle on debt, an emergency savings fund and are on the right track for retirement.

How do you know if someone is using you financially? ›

For instance, they may move in with you unexpectedly or want to borrow your car at a moment's notice. The person expects you to take care of their needs. For instance, if you go out for dinner with them, they may not offer to pay and simply expect you to pick up the tab.

How to become wealthy? ›

How To Get Rich
  1. Start saving early.
  2. Avoid unnecessary spending and debt.
  3. Save 15% or more of every paycheck.
  4. Increase the money that you earn.
  5. Resist the desire to spend more as you make more money.
  6. Work with a financial professional with the expertise and experience to keep you on track.
Apr 11, 2024

How to grow financially in life? ›

7 steps to financial stability
  1. Invest in yourself. Having further education, more knowledge, and required skills for work can support your career advancement. ...
  2. Make money from what you like. ...
  3. Set saving and expense budgets. ...
  4. Spend wisely. ...
  5. Set emergency fund. ...
  6. Pay off debts. ...
  7. Plan for retirement.

How much money do you need to be financially free? ›

Using the assumptions above, you would need to save approximately $104,000 annually to achieve your financial independence goal. Keep in mind there are other variables, such as taxes and sequence of investment returns, that go into the actual calculation, but this is a good start.

How to get ahead in life financially? ›

Upgrade your life: Tips to get ahead financially
  1. Invest in you. To build your wealth, start paying yourself first. ...
  2. Stop throwing money away. Paying late fees is like pulling money out of your wallet and throwing it into the wind. ...
  3. Try the 50/30/20 budget plan. ...
  4. Match your spending. ...
  5. Live within your means.

How to start over financially? ›

Starting Over Financially After Bankruptcy, Divorce, or Unemployment
  1. Find Work You Love.
  2. Tighten Up Expenses.
  3. Build Your Emergency Fund.
  4. Use Your Employer Match.
  5. Consider a Roth IRA.
  6. Avoid Big Investment Risks.
  7. Consider Buying a House.
  8. Don't Take Social Security Early.
Jan 4, 2022

What income do you need to be rich? ›

According to IRS standards, a monthly income of approximately $45,000 qualifies someone as wealthy. However, if you're aiming for the top 1% as measured by the Economic Policy Institute (EPI), you'd need to earn about $68,277 monthly.

How much money is considered financial freedom? ›

Americans feel they'd need to earn approximately $233,000 a year on average to be secure or comfortable with their finances, a new Bankrate survey finds. To be rich and achieve financial freedom, Americans say they'd need to make about two times more: roughly $483,000 on average, according to the poll.

What salary is financially free? ›

Perhaps surprisingly then, financial freedom comes at a much lower price point in the eyes of the average American, according to Empower—about $94,000 a year, is how much they said they'd need to earn to feel financially independent. But that's still about $20,000 more than the median household income of $74,580.

What does financial freedom look like? ›

Financial freedom means you get to make life decisions without being overly stressed about the financial fallout of those decisions. That's because you're financially prepared for whatever life throws your way—you have no debt, you have money in the bank, and you're investing for the future.

What age do people become financially free? ›

45% of young adults say they are completely financially independent from their parents. Among those in their early 30s, that share rises to 67%, compared with 44% of those ages 25 to 29 and 16% of those ages 18 to 24.

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