big papi red sox swing financial independence progress

Financial independence progress update #1: Hits and misses

When I first started this blog in a fit of exuberance*, after a few posts I admitted that I was super eager to get started and was having difficulty with the fact that it would be some time before I could implement my Diabolical Plan. That was two months ago, so I thought it might be time to check in about how things are going with my financial independence progress.

Here’s the scorecard!

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planting a baby tree

The best time to plant a tree

The best time to plant a tree is 20 years ago.
The next best time to plant a tree is now.
— Chinese proverb

 

If ever there was a proverb to fit my situation, it is this one. Do I wish I had planted my passive income orange tree 20 years ago? Yes, without a doubt. If I want a tree, what should I do? Plant one now. So that is what I’m going to do.

Before you plant something though, there is preparation to be done.

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oranges growing on a tree

Financial Independence: The Fruit Factor

When I heard the term “financial independence” earlier in my life, here is what I heard: “wealthy.” I equated being financially independent with being wealthy. And “wealthy” was not a word I ever considered as a possibility for myself.

“Wealthy” was a person who was born into money.

“Wealthy” was a person who inherited money.

“Wealthy” was a person who started a successful business.

“Wealthy” was someone who made the rules. Who could fly off to a remote locale and sip cocktails on the beach while yelling into his cell phone “BUY! BUY! BUY!”

Continue reading “Financial Independence: The Fruit Factor”