Monday, February 12, 2018

The Most Valuable Asset

I'm currently 27 years old and I still don't know what I want to do with my life. I don't hate my job, but I just don't want to do it for the next 35 years. I believe the vast majority of people are in jobs that they don't particularly enjoy very much. This is a really sad truth that I learned very quickly after graduating college. 

When I found out about dividend growth investing and it's potential to allow me to retire early, I was hooked. Even the thought of retiring 5, 10, 15, or 20 years early would be incredible. It's only been 3.5 years since I started with dividend growth investing, but I'm seeing the results and there is an end in sight. I quickly learned that your most valuable asset is your time. We all don't know how much time we have so why waste it working at a job you don't enjoy? The idea of working until you are 65 seems ridiculous. Some people don't even live to be 65 and then others may not live much longer than that.

Now obviously there are people out there who love their jobs and don't mind working 8+ hours a day. I just have a hard time believing there is a job out there that I would want to do for 8 hours a day every day. I want the freedom to be able to do whatever I want. I don't want to have to worry about writing e-mails, taking phone calls, attending meetings, etc.

If I had the choice I would rather use that time for other things. I would love to spend more time with family and friends, reading books, writing posts, analyzing stocks, watching movies/shows, working out, traveling, cooking, etc. 

Once I realized that your most valuable asset is your time, I stopped spending so much money on things I don't need. Would you rather have a new watch, new tv, new car, or would you rather have a few more years of retirement? You may not think that a few hundred dollars here and there really matters, but it really does. Purchased goods only provide a brief amount of happiness. You may feel happy about you buy that new car, but in a year is it really still making yoou happy?

I find that a lot of my friends love to spend their money on frivolous things and that's fine, but I know that it won't make me happy. True happiness to me would be the ability to retire early and do whatever I want. 


Let me know what you guys think! What motivates you to achieve financial freedom early?

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