Find something you love, then work out how to make money from it.
Not a hope in hell I want to work in finance or be a doctor as an example.
I bought my first gym in 1988, long story, it shut down the day I was to take over. Owning a gym and running it the way I want, not the member, is a dream. Its not a job, not by any stretch. I walk 3 metres out of my living room to hang with people that want to bust their ass in the gym. I dont work, I play, and can clothe and feed my family. Nina hasnt worked outside the family home for 18 years, one income since 1991. How do a put a value on the kids having mum at home 24/7 their whole lives.
The downside is dad is there too lol
Your health is easily your greatest asset, without it, you cant look after the ones you love.
Rich dad poor dad should be compulsory reading at high school, best book ever. I didnt get to read it till I was 42.
I believe it's part of how they lift heavy.Not sure how happy the kids are, I'm a VERY annoying person in real life, never take anything or anyone serious, drives my kids nuts. Just ask Kyle lol
Find something you love, then work out how to make money from it.
Have you read Rich Dad Poor Dad by Robert Kiyosaki?
I was still just a builders labourer until 4 1/2 years ago, just before I turned 30.
So we didn't have much and i didn't any much toys when i was growing up or pretty much anything else for that matter. Maybe its due to that reason alone i strive to never be financially stressed.
Don't put yourself down Hulk, you must have had tremendous business acumen and financial sense to get to where you are today! I really admire that.
The Hulk call me
To answer the topic. If tommorrow i lost my job i probably would last for another 2 years doing nothing at home while all my debts were being paid off as i currently have income insurances in place.
financially speaking -
My family immigrated to australia 27 years ago and were dirt poor. So we didn't have much and i didn't any much toys when i was growing up or pretty much anything else for that matter. Maybe its due to that reason alone i strive to never be financially stressed.
I have read all of the books that the hulk has posted and have applied them in principal and applied correctly works well.
- I started out making 25k a year when i was 23. Now at 31 i make over six figures working a standard 40 hours a week with just a uni degree. My tip is find a job market that is rare and be the best at it. You can command the hours and $$ u want. Dont be phased at the beginning because your getting shit pay. Just stick to it and learn/master your trade/profession.
Investing
They say 90% of people will retire below the average wage (ie just enough to get by). So it got me thinking about making my money work for me. I want to see the world when im old and retired not going to centrelink to collect my pension dreaming when im 50 and over.
Investment wise -
- My first property i bought when i was 26 (and my Principal place of residence - PPOR)
- My 1st investment Property (IP) at 28 (rented)
- and now recently my 2nd investment house at 32 (also to be rented)
- goal of having 6 houses in the next 7 years hopefully making a net profit of $1million when im 40 then retiring
I was watching a tv show the other night.. Showed a family in africa, THe mother said most days she has to choose what children will eat that day.
People in this country are spoilt and selfish. If u have a home to live in and food to eat then you hsould be bloody thankful that you are not left with nothing!
Have fun with land tax.
1 or 2 is all you need. It ends up being more hassle then its worth.
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