Retiring before 65 is more possible than you think
Society lies to you about building wealth
Here are 5 steps to retire early and enjoy your life NOW
//THREAD//
Society lies to you about building wealth
Here are 5 steps to retire early and enjoy your life NOW
//THREAD//
“Retirement” in the dictionary means:
“Leave your job at the normal age of stopping employment”
Retirement SUCKS unless you know what makes you fulfilled
Why wait until you’re old and shrivelled to enjoy your life?
Follow the 5 steps in this thread to reach freedom
“Leave your job at the normal age of stopping employment”
Retirement SUCKS unless you know what makes you fulfilled
Why wait until you’re old and shrivelled to enjoy your life?
Follow the 5 steps in this thread to reach freedom
1. Keep Your Expenses Low
My wife and I can:
>Get a Lambo
>Buy a big house
>Go on luxury vacations
But we want to live below our means
Keeping your expenses low = mind at peace
Every dollar represents freedom
Will an expensive mortgage be enough to replace freedom?
My wife and I can:
>Get a Lambo
>Buy a big house
>Go on luxury vacations
But we want to live below our means
Keeping your expenses low = mind at peace
Every dollar represents freedom
Will an expensive mortgage be enough to replace freedom?
2. Start Plating Your Money Seeds
A day job caps your earning potential at the number of hours you work
You need to create an asset that makes money whilst you sleep
One of the best ways to make money is to start a business around your hobby.
A day job caps your earning potential at the number of hours you work
You need to create an asset that makes money whilst you sleep
One of the best ways to make money is to start a business around your hobby.
Example:
My tennis instructor lost most of his students during COVID
So he created an online business selling virtual tennis
His business is growing and he released a successful digital product
Start a business around areas you love and it won’t feel like work!
My tennis instructor lost most of his students during COVID
So he created an online business selling virtual tennis
His business is growing and he released a successful digital product
Start a business around areas you love and it won’t feel like work!
3. Know Your Numbers
Financial Freedom is not working harder so you can make more money to spend
One year, we were 50k short of our goal
So we put together an email campaign to make up for it
We hit our goal, but we had to work 12 hour days over the holidays to get there.
Financial Freedom is not working harder so you can make more money to spend
One year, we were 50k short of our goal
So we put together an email campaign to make up for it
We hit our goal, but we had to work 12 hour days over the holidays to get there.
All for more money?
Stop setting meaningless goals
Sit down and figure out how much you need to achieve financial freedom
Retirement is about how much you need to be free
And not letting money dictate your life.
Stop setting meaningless goals
Sit down and figure out how much you need to achieve financial freedom
Retirement is about how much you need to be free
And not letting money dictate your life.
4. Plan Out Your Perfect Day
I was taught that “suffering now” always leads to success later in life
This is wrong
Retiring early doesn’t mean you have to sacrifice your happiness now
Think about what makes you happy and add it to your schedule.
I was taught that “suffering now” always leads to success later in life
This is wrong
Retiring early doesn’t mean you have to sacrifice your happiness now
Think about what makes you happy and add it to your schedule.
What makes me happy:
>Playing tennis
>Lunch with my wife
>Walks with my family
Remember to work in what you love to do
You will enjoy the grind of running a business a lot more.
>Playing tennis
>Lunch with my wife
>Walks with my family
Remember to work in what you love to do
You will enjoy the grind of running a business a lot more.
5. Finding Meaning In Your Work
I never plan to “retire” in the traditional term
I’m already retired because I enjoy my work!
Retiring is finding activities to leveraging monetarily so it doesn’t feel like work.
I never plan to “retire” in the traditional term
I’m already retired because I enjoy my work!
Retiring is finding activities to leveraging monetarily so it doesn’t feel like work.
Summary
Ask yourself:
>How much money do you need to live comfortably?
>How do you want to spend your days?
>Who do you want to be around?
Create your perfect days around activities you enjoy
Plant your money seed by starting a business around your interests and knowledge.
Ask yourself:
>How much money do you need to live comfortably?
>How do you want to spend your days?
>Who do you want to be around?
Create your perfect days around activities you enjoy
Plant your money seed by starting a business around your interests and knowledge.
I appreciate you reading through!
So you’re interested in learning how to make money online?
Shoot me a follow for more upcoming threads
Talk soon,
Steve
So you’re interested in learning how to make money online?
Shoot me a follow for more upcoming threads
Talk soon,
Steve
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