From The Blog
This article provides four simple yet effective tips to help high school seniors maximize their chances of winning a private scholarship. From knowing your audience to crafting a personal and passionate essay, this article will guide your student through the scholarship application process. With the right approach, your student can stand out from the competition and secure the college funding they need. Read on to learn more.
Dive into the dynamic world of real estate investing without the hassle of property management. This post explores five accessible avenues - REITs, Groundfloor, Fundrise, P2P lending, and wholesaling - enabling you to capitalize on real estate opportunities without ever needing to clean toilets. Perfect for both novice and seasoned investors, our guide presents an uncomplicated roadmap towards achieving financial independence through smart, hands-off real estate investments. Expand your wealth strategy toolkit with FreedomDayWealth.com's insights and discover the true freedom of passive income generation.
🎉 One Year Into Freedom: A Whirlwind of Emotions! 🎉 Dive into this candid and humorous recount of a year since achieving Freedom Day! 🚀 From being wrapped up in red tape to building a Bucket List GPS for happiness, this blog post has it all. 💡Discover why it's okay to take your time settling into a work-optional lifestyle, and how Freedom Day is the ultimate spring cleaning for your soul. 🧹 Don't miss the quirky insights and heartwarming reflections. #FreedomDay #WorkOptional #BucketListBliss"
For me Freedom Day occurred in July of 2022. After building multiple businesses and other passive income, I was able to sell my interest in my financial practice and also sell another business that I had been developing. At that point, I had a decision to make. What was I going to do for the rest of my life? For almost thirty years I had been working with people to help them reach retirement. Was I ready to quit? Not really.
One of the most difficult things for me was changing my mindset from Active to Passive Income. Growing up as a Gen Xer, the son of Baby Boomers, I was taught to go to school and work hard. That was the way I approached entrepreneurship. When I wasn’t making enough money from one business I would start another. The problem was that I had built a house of cards. At the peak I was typically working 70-80 hour weeks, typically waking up at 6am and working until 9 or 10 each night. I also worked both days on the weekends.
My parents told me that you need to get a good education, have a family, save money, and then retire around 66-67. That didn't sound good to me. I followed that prescription, helping others do the same, until I realized it wouldn’t work for me.
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