Better Way to Live Like a Millionaire
I got it all wrong. There is a better way to live like a millionaire. I started this blog because I had a goal, get a million dollars invested as soon as possible. I don’t really want a million dollars. It would be nice. What I really want is to live like someone who has a million dollars. I want the freedom that person has. What gives the millionaire freedom. The millionaire has income from investments that free him/her from working nine to five, five days a week, fifty weeks a year. What do I need to live like that other than a million or more invested.
• Mobility
• Time
• Enough money to do what I wish with my mobility and time.
Why mobility? Living the millionaire dream life for most includes going places, visiting new cultures, seeing and doing exciting things. If I want to be in Baja next month learning the fine art of fish taco cooking I need the ability to get there.
Why Time? It takes awhile to master the fine art of fish taco cooking, To live the dream life I need the freedom to stay there ‘til the experience is complete. The nine to five grind, fifty weeks a year doesn’t allow either.
Most of us are on the deferred life plan. Work hard, save hard until you have saved enough to live on the rest of your life. Quit your job. Finally do what you wish. We dream of the millionaire life style because it lets us bypass the work hard, save hard for 30-40 years part of the plan. There is another option. Do what you want now. Make enough money to fund doing what you want to do now. The trick of course is finding a way to make enough money while you are off traveling the world, skiing the alps, barrel jumping Niagara etc.
My original goal was to make a million dollars as soon as possible, live off the income of a million dollars invested and do what I wished with my time. I set a goal of five years. I had simply compressed the time frame for what most of us, me included are already doing, the deferred life plan. No, I don’t want to wait five years even. The new goal is this. Find a way to make enough money to do what I wish and have the mobility and time to do it now.
I wish I could say this realization just dawned on me. It didn’t. Over the holidays I happened on a copy The 4-Hour Workweek
The books provides a step by step process for achieving the goal of freedom of mobility and time. I’ll keep you posted on how it goes.
If you want to just dive in and try it yourself pick of a copy of Timothy Ferris’
Timothy Ferris’ book and/or check out his site www.4hourworkweek.com.
January 16th, 2008 - Posted in How To Make Money - General | | 0 Comments
