Where do you fit on this scale?
There are two ways to financial security - one is to make more money. The other is to spend less. I am an advocate of the later method because spending less allows me to work less and live more.
Like most people, I buy things. But what I buy, mostly, are the basics. Shelter, food, utilities, health care, and transportation. Beyond that in most months I don't buy anything else. What else do I need? The basics are all that are required to set the stage for happiness.
My minimal budget provides me with a comfortable place to live, clean water (some of it heated), a sanitation system (including garbage disposal/recycling), and 24 hour electricity for heating, lighting, cooking, and my computer.
Add to that fresh, wholesome, tasty food, a secure place to store my guitars and bicycle, accessible natural areas, good health, and a public library near by. All of this in a safe, secure community with caring and supportive friends.
What more could a person want? If you can have a good life on a low income, why work more? I would rather live more than work more, and keeping to a modest budget allows me to do just that.
Some think that work/life balance means a 50/50 split. Wrong. In this case, a healthier ratio looks more like 20/80.