Man, I am just full of idioms. I love them. I’m pretty sure I have one for every occasion. Today we will be working with the idiom “throwing good money after bad,” and I assure you, there are no orange trees involved.
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.
No? Oh. We haven’t even started yet.
I’m feeling a little bit impatient today. I have a plan, and I’m really excited to kick it off. I have some work to do before that happens though. Mainly, my upcoming move in a month or so. Until I move, I won’t have all the extra cash available to execute on my Diabolical Plan.
What do I do in the meantime?
Stop the presses! I just found an amazing resource for locating financial bloggers in my age group.
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!”