I think we all “want” to be rich. However, money isn’t always the best motivating factor. In my case, I honestly believe I suffer from ADHD (need to get this checked out). This leads to me wanting to work 24/7 instead of entertaining the thought of relaxation. The outline below helps exemplify my goals, and what I want to do to help build my future livelihood.
Active Income Sources:
1. My day job (full-time): Project manager at an engineering consultant firm. I’ve been in this field of expertise for over 4 years now. It whole-heartedly pays the bills, but clearly isn’t enough for my ADHD mind!
2. My nights and weekend job (part-time): Real-estate agent. Learning the business of real estate, helping clients select their future dream home. Currently just finished with courses, and will be taking the final exams soon. After that, all that’s left is that I need to partner with a real estate brokerage and start networking to find clients!
3. My passion job (extremely part-time): YouTube video creator. It’s a passion of mine to educate others in the world of finance, psychology, and general life advice. I also truly believe that videos are the best form of media to consume. This comes in the form of a video or two a week, that will forever compound down the road.
4. What you’re reading (extremely part-time): Blogging and book writing. A great way to put my anxieties down onto paper, and to unwind at the end of the day. I spend so much of my time learning, so it’s great to write and help communicate this knowledge to others.
Passive Income Sources:
5. Retirement and investments: Stock market investing through the forms of 401k account, Roth IRA, and also a personal investing account from time to time. Adding small chunks of money into these after every month’s paycheck. These accounts will continue to expand due to stock market growth, which and also dividend income in some cases.
6. Real estate: Purchase my first rental property soon, and utilize a property manager to help deal with any issues that come up. This property will continue to return monthly and yearly income. This will also allow me to pay down the mortgage over time. The goal is obviously to buy more than one property down the road!
7. Drop shipping and product sales: Establish an online business, that allows me to be the middle-man between a manufacturer and a customer. I would keep certain items in stock, that would have long shipping and wait times from their manufacturer’s. I would then provide them with quick shipping and convenience to my customers through Amazon Prime.
No Place Like Gone 