Break-even

Break-even point is something that a lot of us have used in lives. It is the revenue required in order to outweigh the costs during a particular period of time.

Considering our own lives, I have always considered the break-even point to be when I have zero debts. Hence my net value would be zero and it is all positive from there on.

  1. During the initial years of my working life, I still had to undertake additional investments – a life policy, a house and some essential liabilities such as a car.

Essentially, my break-even point was pushed by several years as a result of these actions.

  1. The last few years have been kind to me and I have been able to make serious inroads in my repayment schedules. I have now moved much closer to achieving zero debts. However, being a more mature person, and a family man, I now do not think my break-even point to be when I am at zero debt. It has got to factor in savings for my child’s education, my wife’s well-being as well as all our sustenance.

Although I have reached the break-even point of my twenties self, I am nowhere close to that figure for thirties self.

Hence my question. Is break-even a number or rather a state of mind? Are we just looking for new goals to stay the course with our lives rather than have the heart and mind to stop accumulating wealth and live with what we have?

 

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Author: Chandramouli Suresh

Devoted husband, recent father, minimalist, blogger, travel enthusiast, ad tech sales manager, introvert, manchester united fan, ferrari fan, schumacher fan, football player

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