hide

Read Next

Mark This Down and Watch Me

Edit: I gave up on financial goals in late 2011 after some huge financial and artistic wins... money shouldn't be taken too seriously. For the record, they were all basically on track, some were being massively exceeded, others were a bit behind schedule, but were all happening.

I set my next 10 years of financial goals on June 28th. That was exactly a month ago.

1 year - Critical Thinking [my first book] out. Blog income trickling. Some info products. Some freelancing. Something else, some X-Factor thing bringing in cash. Net monthly income positive. Health insurance. $50,000 in the bank. Expenses = income per month minimum.

3 years - 3 to 5 books out, many products out, blog income robust, some working on big exciting deals. $10,000 per month total, $5000 passive at least. First property owned. $300,000 in the bank.

5 years - 7-10 books out, many many products out, many passive income internet properties, working on big exciting things, $50,000 per month total, $40,000 passive at least. $1,000,000 in the bank.

Get Rid of Half of Your Stuff

On Tynan

I had to double, and then triple, check this, but apparently I've never written a post on minimalism before. Then again, I live in an RV smaller than your walk-in closet, so I don't suppose this post will come as a surprise to anyone. Still, it's probably worth writing a few paragraphs about it for anyone who is considering paring down, but has some lingering objections to it.

Back when I was a professional gambler and made a ton of money, I did what anyone with a lot of money would do: I bought a house. My house was about 1800 square feet, which isn't a big house by today's standards, but is quite a lot of space for one person. What I didn't consider was that a house comes bundled with pressure to fill it with stuff.

So I did. I bought tables, couches, chairs, beds, knick knacks, plants, pots, pans, dishes, and four robotic lawnmowers. I converted one of the rooms into a movie theater and another into a warehouse to store all of my stuff. If I wasn't a compulsive shopper, I was at least an enthusiastic one. All the while, I never really thought about the end-game of all this stuff. I knew how to get it into my life, but never really considered how I'd get it out eventually.

Rendering New Theme...