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How to Be a Millionaire by Age 25
amorphous
#31 Posted : Thursday, July 30, 2020 5:57:29 PM
Rank: Member

Joined: 5/15/2019
Posts: 687
Location: planet earth
Lolest! wrote:
If I am a shop-owner who has to open the shop daily else I wont eat, do I have financial freedom?


Nope!Drool
In the final analysis, it all boils down to sheer plain old hard work and dogged persistence. Nothing more, nothing less!!
amorphous
#32 Posted : Thursday, July 30, 2020 6:00:03 PM
Rank: Member

Joined: 5/15/2019
Posts: 687
Location: planet earth
murchr wrote:


And am telling you there's no such person on earth, its just in peoples minds tembea bear feet kidogo utajua tu. Even those writing books telling you about financial independence are still looking for more mullah through you


If money is your god, usiseme kila mtu ako hivo tu. Research F.I.R.E. Its a movement very strong that some of us and millions more have been a part of for a very long time. Not saying money is not important - it is. But financial independence (my definition, not yours) is way more important, fulfilling and satisfyingsmile smile smile
In the final analysis, it all boils down to sheer plain old hard work and dogged persistence. Nothing more, nothing less!!
murchr
#33 Posted : Thursday, July 30, 2020 6:27:05 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
amorphous wrote:
murchr wrote:


And am telling you there's no such person on earth, its just in peoples minds tembea bear feet kidogo utajua tu. Even those writing books telling you about financial independence are still looking for more mullah through you


If money is your god, usiseme kila mtu ako hivo tu. Research F.I.R.E. Its a movement very strong that some of us and millions more have been a part of for a very long time. Not saying money is not important - it is. But financial independence (my definition, not yours) is way more important, fulfilling and satisfyingsmile smile smile


Uki fika hapo tuamushe. Meanwhile wacha tutafute.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
tony stark
#34 Posted : Wednesday, August 05, 2020 12:38:09 PM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
[quote=amorphous]Being rich is overrated. In fact it is vanity of vanities. Financial independence is a more satisfying goal to aspire to than "being rich." Huge difference. Most rich people are actually financially dependent.Tafakari hayo. By the way in fact being rich is a dangerous affair with its own unique chindas! Ask Maina Wanjigi! Hauna hamani hata kidogo. The funny thing is most people aspire to be rich yet less than 1% of humanity ever will be. This is why you see people hapa trying to decipher MKATE YA ELIOT into finding elusive riches that they have never found to date Laughing out loudly. This (the lie to humanity making them aspire to be rich when they never will be in their lifetime) is the great deception straight from the pits of Sheol!!

https://www.standardmedi...fter-brutal-gang-attack[/quote]

Wisdom!!
Financial independence ....100% agree!!
tony stark
#35 Posted : Wednesday, August 05, 2020 12:39:42 PM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
amorphous wrote:
Being rich is overrated. In fact it is vanity of vanities. Financial independence is a more satisfying goal to aspire to than "being rich." Huge difference. Most rich people are actually financially dependent.Tafakari hayo. By the way in fact being rich is a dangerous affair with its own unique chindas! Ask Maina Wanjigi! Hauna hamani hata kidogo. The funny thing is most people aspire to be rich yet less than 1% of humanity ever will be. This is why you see people hapa trying to decipher MKATE YA ELIOT into finding elusive riches that they have never found to date Laughing out loudly. This (the lie to humanity making them aspire to be rich when they never will be in their lifetime) is the great deception straight from the pits of Sheol!!

https://www.standardmedi...fter-brutal-gang-attack


Wisdom!!
Financial independence ....100% agree!!
tony stark
#36 Posted : Wednesday, August 05, 2020 12:48:41 PM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
amorphous wrote:
murchr wrote:


And am telling you there's no such person on earth, its just in peoples minds tembea bear feet kidogo utajua tu. Even those writing books telling you about financial independence are still looking for more mullah through you


If money is your god, usiseme kila mtu ako hivo tu. Research F.I.R.E. Its a movement very strong that some of us and millions more have been a part of for a very long time. Not saying money is not important - it is. But financial independence (my definition, not yours) is way more important, fulfilling and satisfyingsmile smile smile

Applause Applause Applause Applause Applause
F.I.R.E

It is very possible. I was introduced to the concept by a friend who has actually achieved financial independence.

Basically they guy has enough investments to cover his living expense from education to housing etc.
Also his expenses are not high. No keeping up with the Kamau's and Ondieki's buying big cars or taking kids to GCSE schools.

The guy still works and his negotiations with his employers is so different from his peers because he doesn't really need the job but the employer really needs him.

FIRE is not about not thinking about money .... You think about money in a different way. Basically you treat your revenues the same way you look at a company P&L.

I am working to try and achieve that FIRE lifestyle.
tony stark
#37 Posted : Wednesday, August 05, 2020 12:53:04 PM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
murchr wrote:
amorphous wrote:
murchr wrote:


And am telling you there's no such person on earth, its just in peoples minds tembea bear feet kidogo utajua tu. Even those writing books telling you about financial independence are still looking for more mullah through you


If money is your god, usiseme kila mtu ako hivo tu. Research F.I.R.E. Its a movement very strong that some of us and millions more have been a part of for a very long time. Not saying money is not important - it is. But financial independence (my definition, not yours) is way more important, fulfilling and satisfyingsmile smile smile


Uki fika hapo tuamushe. Meanwhile wacha tutafute.


FIRE is about tafutaing by the way.

The question is unatafuta how much? You should have a target at the minimum. What number is this that your are tafutaing?

FIRE is very much about reducing expenditure. Do you need Showmax, Netflix and premium DSTV??
Do you really need 500 for lunch?

Once you start looking at how you spend your time and how it translates to you income P&L you will make some interesting discoveries.

FIRE concepts are interesting whether or not you are interested in retiring early!
masukuma
#38 Posted : Wednesday, August 05, 2020 2:58:42 PM
Rank: Elder

Joined: 10/4/2006
Posts: 13,823
Location: Nairobi
tony stark wrote:
murchr wrote:
amorphous wrote:
murchr wrote:


And am telling you there's no such person on earth, its just in peoples minds tembea bear feet kidogo utajua tu. Even those writing books telling you about financial independence are still looking for more mullah through you


If money is your god, usiseme kila mtu ako hivo tu. Research F.I.R.E. Its a movement very strong that some of us and millions more have been a part of for a very long time. Not saying money is not important - it is. But financial independence (my definition, not yours) is way more important, fulfilling and satisfyingsmile smile smile


Uki fika hapo tuamushe. Meanwhile wacha tutafute.


FIRE is about tafutaing by the way.

The question is unatafuta how much? You should have a target at the minimum. What number is this that your are tafutaing?

FIRE is very much about reducing expenditure. Do you need Showmax, Netflix and premium DSTV??
Do you really need 500 for lunch?

Once you start looking at how you spend your time and how it translates to you income P&L you will make some interesting discoveries.

FIRE concepts are interesting whether or not you are interested in retiring early!



All Mushrooms are edible! Some Mushroom are only edible ONCE!
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