A few years ago, if you’d have asked me for financial advice, I would have laughed. Because while I’ve consistently raised my income and become excellent at making money, I haven’t always been particularly good at managing it.
My highest value is freedom. So every time I’ve made a large sum of money, I’ve refused to use it to buy a house (why put down roots when there’s a world to explore?) or let loved ones stay stuck in a job (we should all do what we want!)
I earn so that I can travel. I reinvest a lot of what I make back into my own learning, and now, my son’s learning. I value experiences over things.
Which, of course, brings its own amazing benefits, but also its own set of problems. (Two reliable incomes to one unpredictable one? Sure, why not?)
My risk-taking nature and ability to live rooted in the present, despite having goals for the future, isn’t for everyone, however, which is why I don’t profess to be an expert in preparing for retirement.
That doesn’t stop people from asking for my help around that subject, though.
One of my mentors says it’s because when someone sees you as a teacher about one topic, they want your advice on other things, too, regardless of how crappy you may be around those other things.
When we see people who’ve figured out one area of their lives, we automatically assume that they’ve figured out other areas as well. (That’s why people will take the same advice from a celebrity or guru that they would never accept from a drunk uncle.)
Anyway, most people will use this to their advantage and try to sell you shit they have absolutely no business selling.
Not me. I’ll tell you exactly what I’m good at. And what I’m not.
So if you want retirement or investment advice, don’t come to me. Yet.
I’m working aggressively on putting down roots, thinking about retirement, and creating plans for my future this year, and you know what’s been the biggest help in doing all this?
That’s right. Having an above-average income.
Because no matter how many coffees I forego (and this is not a struggle; I’m Indian, I drink chai), none of that saved money can create the same impact that a high income does.
Especially if you know how to use it wisely.
Because see, most personal finance advice wants us to to save, scrimp, sacrifice, and be rooted in scarcity so that we can have abundant futures.
I believe in having both an abundant present and an abundant future.
And the only way I know how to do that, the first step in allowing that to become a reality, is to have a good enough income that you can both enjoy and save.
I can’t help you with the saving, but I can certainly help you with the earning.
And in my book, The Freelance Writer’s Guide to Making More Money, I do just that.
Grab your copy here and do let me know what strategies you use and how much more you end up making as a result of them:
If it helps you enjoy your life more and create a better future, then what could be better than that?
I’ll talk to you again soon.