Tag Archives: financial freedom

3 Unconventional Ways to Super-Charge Your Savings

Posted on by
Reply

3 Unconventional Ways to Super-Charge Your Savings.

This is a link to a post on a blog I follow. The blog is by Paula Pant and is called Afford Anything. Paula is the one who taught us about blogging at the AWAI Boston workshop I went to back in August. She was very helpful to me in getting this blog of mine started.

I am always trying to find ways to save money. My goal is to save enough so I can ‘retire’. I want to move overseas somewhere. Somewhere I can afford to live the way I want to. Somewhere more affordable. Somewhere more free (since we have lost SO much freedom here in the USA). 🙁

So I’m always looking for ways to save more money, earn more money, etc. That would help move me further toward my goal. Paula has some good suggestions in her post. I love it that she always encourages us to think outside the box.

I’m not really into budgeting so I agree that putting saving first is a great idea. A lot of financial advisers say the same thing.

If you’re lucky enough to have a 401-K, put at least enough to get the company match in there. It might not be enough to retire on, but it’s a good start. Since you never see it in your checkbook, you’ll never miss it. I always sign up first thing at a new job now. 🙂

Maybe some of you are good at saving? I have to admit, I’m not that great at it. I try and I manage to save a little, but not enough to get me where I want to be. I don’t spend much on clothes, I live in shorts, t-shirts and flip-flops. ALL the time. 😉

I spend my income on vacations. I LOVE to travel. I go somewhere interesting EVERY chance I get! I try to go someplace where there is something in particular I want to learn about. For example, I went to the Freedom Fest in Las Vegas, the AWAI workshops in Chicago, Miami and Boston, the Live and Invest Overseas with International Living in the Rivera Maya Mexico, the Workboat Show in New Orleans.

I took all those trips in the last couple of years. I didn’t spend a TON of money, but it didn’t help my savings plan at all either. 😉

So, according to Paula I need to ‘earn more’!

I’m trying!! OK, to be honest, I hope to find some way to earn some money from this blog. I’m hoping to get my writing and photography out there to the world. Maybe someone will like it enough to be willing to buy some of it from me. 🙂

I’m also doing the same thing Paula is doing with real estate. Very similar at least. I started buying old houses and fixing them up to rent out a few years ago. I like the whole process of hunting down a good deal, improving on what was there, and then meeting all the interesting people that I have to deal with. From the technicians to the tenants, they’re ALL interesting. 😉

I’m glad to learn from Paula that I’m on the right track. She’s been very successful at living her life the way she’s dreamed. I hope to be able to break free and live MY dreams too one of these days. 🙂

How To Be a Slave –

Posted on by
Reply

How To Be a Slave –.

A friend forwarded me an email a few days ago that had this post in it.Tonight I read it and I was like, oh yeah, GOOD stuff here…

I might nit- pick a little bit on his numbers, but the truth is, he is absolutely correct. Those of us who are still working for somebody else ARE basically slaves. Most people never think of it that way. I never really thought too much about the employer part of it, which is why I say I have some small issues with his numbers. But I’ve been aware of the fact that I am a slave to the government for a long time now.

Yes, he is right. The government takes between 40-50% of your income. I will argue with that and say it is even more. Just to be nice, lets say it’s ‘only’ 40%. OK, if some bandit held you up on the street and told you that they would take 40% of everything you earned for the next 50 years of your life would you think he was turning you into a slave?

Yes, right, he DID just turn you into a slave. Having the government do the same thing, means that you are a slave to them instead of just a single robber. Whooo- hooo! Big deal! OK, so now we know we are all slaves to the government, lets look at what Mr Altucher says about your employer.

I’ve been working with temp agencies for the last couple of years. In this capacity, it is very explicit that exactly what Mr Altucher is saying is true about the employer/employee relationship. I get a day rate when my company sends me out to work for a client. That client pays my employer a LOT more money then my employer pays me. Yes, it’s VERY clear! The money I (and everybody else working as temps there) earn has to pay for the entire upkeep of the company!

It works the same way at EVERY company. If you are not worth a certain amount of money to them, they’ll either not hire you, fire you, or just pay you less. The arguments going on (again) about minimum wage are very relevant here.

I LOVE what he says about owning your time, owning your work, owning the value you create for others! This is very basic stuff. This is at the bottom of all my political beliefs- SELF ownership.

I want to find out how to break free. I’ve been trying to for a long time now but just by following the usual paths. Work hard, save money, buy a house, etc…. it’s just taking too long. Now I understand more about why that is. OK, yeah, if 90% of what I earn is being taken from me before I even see it, then yeah, I can see why I can’t break free. 🙁

In the article, he mentions a book but he didn’t give a name. I looked Mr James Altucher up on www.amazon.com and found out he has a few books. I am assuming it is the one called “Choose Yourself!”. I just downloaded it for my kindle. It’s only $2.99!

I can hardly wait to read it! 🙂