Today marks the day I reached financial freedom on my goal. My current net after tax passive income is now at P51,750. All thanks to stocks and bonds.
Today I have created a list of things I wanted to do, now that I reached financial freedom and I'll share them with you.
Moving in to the city
I decided to apply as an intern in a job in which the topic interested me. I don't care much about the salary or allowance, if any, since I'm all covered by my passive income. This is also a temporary thing and as soon as I learned everything there is to the job and there's nothing more to learn, I'll leave and proceed to another adventure.
I have an interview on monday about the job.
Martial Arts
The move to the city is also in conjunction of me looking for a good martial arts school. Which is also in line with my goal of getting a black belt. It will be a long journey. And I don't mind.
Learning to Cook
Moving in myself would let me learn to cook for myself. I guess that's a good way to look at it. I'm looking for cooking classes. Perhaps those commercial cooking classes offered by technical schools can come in handy.
Personal Life
I'm also dating someone at the moment. Could you believe it? My life has never been this good. I have a lot to thank for. If there is a God... Thank you!
Friday, January 17, 2014
Thursday, January 9, 2014
Financial Maturity and Measures of Success
I think that as I age, my view of money and success changes. I still remember the time that I thought respect comes from having a lot of money. That success is having to wear branded shoes, clothes and watch. And that driving to work in a luxury or sports car means you've made it. And eating delicious and expensive foods in fine dining restaurants is never a bad way to spend money.
All of those things, as I see now, seems to be absurd. If respect comes money, why do I respect teachers more than lawyers? Surely lawyers earn more. I became mature in seeing success and have been wary of myself not to indulge in these items that would say to other people that you've made it.
My view of success is now different. Instead of having to wear branded and expensive clothes in order to look good, success for me is having a fit and healthy body inside a worn out clothing.
Instead of eating out at a fine and expensive restaurant, success for me is having the ability to cook a meal that matches fine dining. Healthy and personal.
Instead of having a car as a symbol of success. To me, it is owning the company who makes the cars and ride my bike to work. Or having a 10 year old car in which you know how to repair and maintain. Success is not having to own a sports car and have someone repair it for you.
My view of success and financial maturity has been so developed now that when I spend money on things, I feel a sense of incompetence. The act of spending for me is failure in itself. Because I need to pay someone to do things for me. Success for me now, is being able to do anything with my own skills.
All of those things, as I see now, seems to be absurd. If respect comes money, why do I respect teachers more than lawyers? Surely lawyers earn more. I became mature in seeing success and have been wary of myself not to indulge in these items that would say to other people that you've made it.
My view of success is now different. Instead of having to wear branded and expensive clothes in order to look good, success for me is having a fit and healthy body inside a worn out clothing.
Instead of eating out at a fine and expensive restaurant, success for me is having the ability to cook a meal that matches fine dining. Healthy and personal.
Instead of having a car as a symbol of success. To me, it is owning the company who makes the cars and ride my bike to work. Or having a 10 year old car in which you know how to repair and maintain. Success is not having to own a sports car and have someone repair it for you.
My view of success and financial maturity has been so developed now that when I spend money on things, I feel a sense of incompetence. The act of spending for me is failure in itself. Because I need to pay someone to do things for me. Success for me now, is being able to do anything with my own skills.
Monday, January 6, 2014
The Red Pill or The Blue Pill?
In the future, I would like to have this conversation with my son. The young kid asking about life and clueless of what he wants to do. Then I ask him, "The red pill or the blue pill?".
"Take the blue pill and I'll let you be like the 99% of people in the world. Believe what you want to believe, religion, personal finance, politics, work and other politically correct things that the ideal person have about the world all shiny and perfect."
"Take the red pill and I'll show you how deep the rabbit hole goes. The journey will be painful, but it is of the truth and I'll show you how to hack the system."
The world is a system. Money is part of it. While most of us continue to take the blue pill everyday. Going to work, earning money and thinking that someday we'll be rich, and believing that we are making a difference in the world, there are only a few people who would actually question the system.
That is, question if there is actually another pill.
The blue pill is the blissful lie of the world. The red pill is the painful truth. And 99% of the people in the world would want a happy life full of white lies than it is to face the painful reality.
For example, the government spends a lot of money in building confidence to the people. Surveys only quantifies the rating of the president by confidence/trust. That is a blue pill. The red pill is that, is the government effective/efficient? They spend more money on building confidence (commercials, feeding program, charity) than it is to create an efficient/effective government (corruption, law enforcement, science & technology, education).
In other words, you are being fed blue pills by the government. When you watch TV, you see those politicians reassuring you that everything is alright, that you need to trust them that the country is prospering, jobs are being created, every Filipino is rising from poverty, every criminal is being prosecuted, and every corrupt politicians being charged.
But, is it really the reality?
Religion, personal finance and work is no different. Many people would die to take the blue pill. If you never ever dreamed of questioning these things, then you might have been taking the blue pill all your life. You are dependent to it.
"Take the blue pill and I'll let you be like the 99% of people in the world. Believe what you want to believe, religion, personal finance, politics, work and other politically correct things that the ideal person have about the world all shiny and perfect."
"Take the red pill and I'll show you how deep the rabbit hole goes. The journey will be painful, but it is of the truth and I'll show you how to hack the system."
The world is a system. Money is part of it. While most of us continue to take the blue pill everyday. Going to work, earning money and thinking that someday we'll be rich, and believing that we are making a difference in the world, there are only a few people who would actually question the system.
That is, question if there is actually another pill.
The blue pill is the blissful lie of the world. The red pill is the painful truth. And 99% of the people in the world would want a happy life full of white lies than it is to face the painful reality.
For example, the government spends a lot of money in building confidence to the people. Surveys only quantifies the rating of the president by confidence/trust. That is a blue pill. The red pill is that, is the government effective/efficient? They spend more money on building confidence (commercials, feeding program, charity) than it is to create an efficient/effective government (corruption, law enforcement, science & technology, education).
In other words, you are being fed blue pills by the government. When you watch TV, you see those politicians reassuring you that everything is alright, that you need to trust them that the country is prospering, jobs are being created, every Filipino is rising from poverty, every criminal is being prosecuted, and every corrupt politicians being charged.
But, is it really the reality?
Religion, personal finance and work is no different. Many people would die to take the blue pill. If you never ever dreamed of questioning these things, then you might have been taking the blue pill all your life. You are dependent to it.
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