Friday, November 21, 2014

It Took Me 23 Years To Get Here


When I read about it, I felt a rush of regret running through my veins.

I am referring to how Will Lipovsky graduated at 21 with no debt, had $100,000 in savings and is working towards Financial Independence by 30  (read it here)

My first thought was, "Wow, how in the world did this guy do it?"

As I was reading through the article, I was on the lookout for that magic moment - that extraordinary moment where he found a breakthrough in technology or was one of the secret co-founders of Facebook. I thought to myself, "Okay, perhaps he had inherited that neat sum of money".

But there was none.

Instead, he started hustling, saving and investing at 10, traded stuff on eBay and Craigslist and even ran a pawnshop in high school. College was paid for via scholarships, side hustles and some help from his parents and by the time he graduated, he smacked most of us in our faces with $100,000 in net worth and zero debt. To top it off, he was growing his money at 15-23% a year through index funds.

Like liquor, the more I read, the more it burned.

But that burn made me realize how long it took me to put these pieces together. I looked back and saw how good I was as a consumer, diligently spending the allowance that my parents gave me and hardly saved much.

Little was I producing.

To make things worse, I spent the first year on the corporate treadmill paying off a credit card debt - shackles that I voluntarily brought upon myself.

I turned 24 about a week ago and I finally see it now. Over the past year, I have made good progress on this journey towards freedom.

It took me 23 years to figure this out; to get here. (What a shame!)

But the most important thing is that I am here now, and what lies ahead is what matters most.

I used to have a quote on the wall of my dorm room in college and it goes like this:

"I may not be there yet, but I'm better than I was yesterday."


And it has never been more relevant than it is now.




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