Showing posts with label wealth. Show all posts
Showing posts with label wealth. Show all posts

Monday, September 1, 2008

Eliminating Barriers

Life never seems fulfilled.

You wake up to a job you don't like, to make just enough money to pay the bills and you can only reminisce of the good times rather than make good times.
But then there are some anomalies - the people with more money and less happiness, the people of abject poverty who are consistently overjoyed.
What do they have in common with you and how can you use that commonality to your benefit to get that thing that you ultimately strive for - happiness.

I will use this site to discuss this topic and to provide some techniques you can use in your daily life to Eliminate Barriers to your happiness. As the song says, "life is what you make it" and it is up to each of us to do the things we need to do to improve our situation and get the things we want.

Material wealth is short-lived. Yes, we enjoy having huge homes, fast cars, big boats, fancy toys, but the joy we get from immaterial things such as love, great accomplishment, sharing knowledge, helping others - that happiness lasts a lifetime.
The feeling I get when remembering how I felt when a desperate friend needed my help comes faster and stronger, and lasts longer than recalling how I had the most expensive jeans in my class. Not only that, but I'm sure my desperate friend remembers my help, whereas I'm sure no one particularly remembers my jeans.

My next few posts will outline the method I have discovered that will help you Eliminate Barriers to your happiness, both material and immaterial.

Monday, July 28, 2008

Financial Independence

Everybody wants more money right?
Not just for having money, or for just the material things that money can purchase (but what is wrong with a Porsche 911 in the driveway?), but also for all the good it can do.

I already send some of my paycheck to a local charity Miami Missions, but if I had a lot more money, I could help them and a lot of others too.
I have read quite a few good books on how to get wealthier to help me on this mission, Think and Grow Rich, Retire Young, Retire Rich, just to name a few.

It seems to me the only way to make more money, is to have whatever money you
have work for you. Diversification of efforts can be great to move faster and be more flexible.
If you only rely on a job to be your sole source of disposable income, you are definitely limited by an unmovable factor - time. You cannot work for more than 24 hours a day and that limits how much money you can make.

So I've looked at the following options to increase my ability to obtain more income:
  • enter the stock market
  • purchase real estate / invest in a rental property
  • start a company
These are all very daunting tasks, but trust me they are worth it. The returns can be great - if you are smart about how you do each task. I'll post some information about how I did each of these three in the near future.

I'm still looking for some great ideas to start a company, so if you have any, please let me know, maybe we can collaborate on something that will change the world!