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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.

Don't know what you're doing with your life?

A common question, indeed - "I don't know what I'm doing with my life, can you advise something?"

Well, perhaps I can. I got a nice email from a reader, and I wrote a long reply. If you're in a hurry, skim down to "Okay. So here’s my thoughts" which is where the pragmatic guidelines start - I'll bold it so you can start there, if you like.

Hi Sebastian,

First, I'd like to say that I've really enjoyed reading your blog. It has so much insightful and enlightening material that I've gone back to reread and try to really absorb some of the ideas you have. I've been meaning to contact you but I felt a bit intimidated, to be honest. I'd really like to hear your advice.

I'm about a year removed from high school, attending community college and I've just been floating around, doing general education courses and I've yet to really decide on a major. I don't really have any particular talents or strong interests in one field or another.

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