August 3, 2020

The $50,000 Man.

Well, I have some good news!

Turns out my strategy really works. No bullshit. And it’s free! What could be better?

Saving a bunch and investing it all has done me well, especially in this stock market. Less than 6 months after setting my mind to achieving financial independence I’ve crossed the $50,000 net worth goal. 10% of my goal towards a cool half a million is complete. Of course, I did have a small head start.

I’ve also recently decided to move out of the parent’s house and get a place of my own. Although it kills me to spend any money that I don’t totally need to, in this case I totally need to. They’re great, but it’s time to move on. So, this will be the big test. Will I be able to keep up a high savings rate? Will my whole plan go to shit? We’ll all find out together cause I don’t have a damn clue. I still have my eyes on the prize though, and it’s important to remember once you get some momentum building, it tends to build on itself. Especially with money. So I certainly don’t want to slow down now. As always, I’ll post updates on how things are going and try to provide more practical ways to achieve financial independence in the “real world”.

Anyway, I’m feeling great. Having a little bit of money really does help take the pressure off you at your job, at home, everywhere really. Set goals and treat yourself for meeting them. In this case, writing this post and seeing that number is all the satisfaction I need at the moment.

Here’s to hoping the rest of the way is just as fast and smooth!

One thought on “The $50,000 Man.

  1. Hello, I follow Millennial Money and saw his post about you. I was just wondering if you can explain your investing strategy? I too am trying to reach financial independence but I have no clue on how to invest. I’ve read up a lot on it and know now that it is easier than it looks and you don’t need a lot of money to invest but I’m more concerned on how and where to start and I don’t want to loose any money of course. Thanks!

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