Anyone who has experienced failure has also had to deal with the spectre of giving up. As the saying goes ‘nothing worth doing is ever easy’, after all if it was everyone would be doing it … and crushing it.
But we know things are hard. We fail forward. We learn valuable lessons from setbacks and there are those that pick themselves up and keep going while there are others who throw in the towel.
Continue readingPreviously I asked the question of how much it takes to retire early. This same question also is how much it takes to become financially independent.
There were a range of answers all the way from a retirement pension that only provides $24,268.40 per year, through to a real case where the money target was $384,000 per year.
Using average figures along with a multiplier of 2.5 I rounded up to come up with a number of $150,000 per year net.
So what does $150,000 look like?
Continue readingWhen most people think of retirement the first thing people tend to think about is the freedom that comes with not having to go to work each and every day. Taking this further the vast majority of people ‘want’ to retire early, but very few dare to explore the options available to make the dream a reality, until time is heavily against them.
But retirement usually has a few common factors namely, having enough money available to support their quality of life without needing to work for more.
Continue readingThe whole idea of personal success is an abstract idea. Namely everyone has a different definition and more so the bigger your goal the more likely you are to either feel selfish about it or worse, have people around you tell you you’re selfish and try to beat your dream to death before it even has time to drop roots.
Unlike most people I’m ‘Pro Dream.’ Why are dreams bad? They’re not! Why are ambitious goals bad? They’re not. After all if you’re employed by … anyone the chances are you’re part of someone else’s dream. See how easy it is to dismiss the evil rationale?
Continue readingDo you know that you’ve been setup for financial failure? It’s a confronting question that not many people would want to say ‘yes’ to. However since your earliest years this is exactly what you’ve been prepared for, and you don’t even know it. Here are the reasons why.
The first place that sets you up for financial failure is the school system. As confronting as this may be, the school system simply prepares you for more schooling and only at the very end does it prepare you for entry into the workforce as an employee and this is only at the technical level.
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