I learnt from a mate recently about what he terms ‘the triangle of life’. Let me explain – the theory goes that if the proximity of where you live, work and do your shopping (i.e. the triangle) is smaller, i.e. closer together, you will more likely be happier than if the triangle was bigger.
Now without diving deep into philosophical discussion, I instead opted to view it from a totally different perspective… what I realized and no prizes for guessing what it is, it that the smaller the triangle the more frugal you can become, it obviously makes sense money wise, but it also makes sense in helping to save time as well.
When you live close to work & where you shop, you save time because now you can afford to sleep in more. Rather than driving you can now just as conveniently bike or walk, if you took it to the next level you can sell the car and save the garage space!
One other added benefit is that walking and biking is infinitely better for your health than driving. This really is a win win win win scenario.
Personally, my own assessment of my current triangle is that it is relatively small compared to the other triangles I’ve had in my life. I live 1km away from work and 6kms from where I shop and I quite like this setup. My previous triangle was even smaller; 500 meters to work and 700 meters to the shops. The only drawback was the high cost of the rent I was paying at the time. So as it is in life there are always tradeoffs. You can have the smallest triangle but at what cost?
How small is your triangle? and how much can you save by going smaller?