As you said everything is a trade off between time, money and scope. The ability to prioritize is really important, and it doesn't mean all or nothing or all that the same time. I don't see why you could do everything of importance on your list at some point in your life. Your list is already large, which is okay, but even if you didn't have to work and had enough money that you could outsource everything you didn't see of value, you would still mostly likely run out of time to do them ALL now. Have your prioritized your list and determined what will bring you the greatest joy?My problem is that even if I'm not materialistic and even if I can save a lot by not spending on many useless things, I still have a lot of interests that - in my opinion - brings a lot of value to my life.
Everything listed has a monetary cost and a time cost. It may not help on financial freedom, though it helps on mental freedom and global health. Freedom is also something that we live in our mind, not only in our finances. Once we become a more accomplished person with higher wisdom, a greater sense of spirituality and a better global health, then we are truly free. I don't want to skip on all this and wait for retirement to start any of this. And I can only do 2-3 things out of my huge list.
That's the reason why I'm overwhelmed in my time management and my financial management.
Based on your examples, here's some things to consider (just as sample on how you could achieve more).
- Learning to play guitar, piano and drum (mental health & stimulus) - These are three totally different instruments. Do you have a goal or a reason why you are drawn to the three? My kids pay piano and guitar. When they were first learning, we paid for the lessons for one (piano because it covered theory and other things), they got okay (not great at it) and then wanted another instruments. Since they already had the basics, we were able to alternate guitar one week, piano next. The teacher moved further away so the extra 1.5 hours driving a week was no longer worth it. We dropped the lessons but my kids now found ways to do it online for almost free. In your case, you could get lessons in the beginning to get the basics, and go online. I am assuming you are not planning to be a professional.
- Taking cooking classes (physical health, matrimonial health) - Lots of options here in my city. Make it a part of your date night. My spouse and I eat out a lot anyways. We have taken the occasional cooking class as part of a date night and to feed us. We don't do it very often. Again, what are your goals. You can cook together at home using a meal kit, do online cooking together. We have a dinner group we meet with 3 times a year, we have to try a new ethnic cuisine. We don't take a class but just plan and figure it out. Honestly, I find many of the cooking classes unless it's an ongoing session tend to be very basic.
- Taking dancing classes (mental health & stimulus, matrimonial health) - Take a dance class, it just might not be at the same time as the cooking class. We took dance classes before we got married, went out to places to practice, and then we moved on. It took us no more than 6 months.
- Buying a specialised gym membership (mental & physical health) - What is a specialized membership? Sure buy it but determine how often you are going to go. Does your family want to do this together? We have bought season ski passes to hills when the kids were first learning to ski and snowboard, then stopped when they took on different activities and I had take care of my elderly parents. Recently, we bought a family gym membership now that the kids are older. We go do our activities (which are different) and them meet up for a swim.
- Taking yoga, tai chi, meditation classes (mental & physical health)- Again, can be done but do you want to do it at the same time as the gym.
- Going back to university to learn about history, literature, art, law, psychology, sociology, physiology, etc. (mental stimulus, learning) - Learning can be done in many ways. You can go back to school for it, but I would seriously question why. Can you learn it on line? Are you looking for a degree? Will you do something with it?
- Learning languages (mental stimulus, personal learning projects, connection to the world and cultures) - My kids have being learning German, Italian, and French since COVID and practicing their Spanish. Most of it done online through free apps. For their Spanish (they were in a Spanish school), we set up some zoom calls with other people that they can practice with.
- Reading books (mental health & stimulus, learning, wisdom) - Read away, you can get books from the library.
- Travelling (experiences, mental health, learning, wisdom, connection to the world and cultures) - this one is the tough one especially right now. You do need to balance priorities and costs here. My family wanted to goto a resort vacation (which I get really bored), we picked places that the kids could practice their Spanish.