I just didn’t give a crap about what every random person on the internet feels they need to share with the world. But over the past couple of years, I’ve become a junkie for personal finance, healthy lifestyle, fitness, and pop culture podcasts. This has sucked me in to the world of blogging, which is far more vast than I ever imaged! I never thought I’d start one of my own, but I now feel like I have something to share with others to (hopefully) make their lives better. It’s also an interesting new way to hold myself accountable for some of the financial goals I have for myself. Let’s get started.
I live in the Los Angeles area and have a great job in the film industry, but I don’t want to be lining up for a paycheck when I’m 70. I’d like to retire well before 65, although I don’t know what it will look like just yet. I’ve been shoveling as much money into my 401k as I can (currently 12% of my income, plus 2% employer match), but I know that won’t be enough to support my desire to bail out early on the working world and do something cool. I’ll do a full breakdown of my assets in upcoming posts.
The hair-brained idea I had just the other day was to figure out how to exponentially increase my savings over the next 10 years.
How can I grow my $115,000 portfolio to $500,000 by the time I’m 50?
You see, I turned 40 in June. This wasn’t some mind-blowing experience or freak-out moment. I’m pretty darn young for my age and would prefer to embrace getting older than fight it. I live a healthy lifestyle that includes:
-Paleo diet with minimal grains, sugar, and processed food.
-Endurance athlete, having completed 5 marathons, as well as many triathlons and cycling events (although I’m now focusing on lifting weights and HIIT training).
-I adore sleep and get at least 8 hours most nights.
-I have two loving cats that make me smile every day.
-I have a great, smallish group of close friends that I can turn to for support (as well as an awesome therapist).
But enough about me! I could sit here all day spewing stuff about my life. I’d rather get to the task at hand and figure out how I’m going to accomplish this new goal, since it surely will NOT be easy. I’ve recently been seeking a way to increase my income, but nothing brilliant has hit me just yet. Perhaps this blog will help?! For the time being, I will focus on leading a more minimalist and frugal lifestyle to make my income go further. I often complain that I don’t earn a high enough salary (especially compared to many of the people I work with). But compared to so many others in the US and the world, I earn a HUGE amount of money and I should totally be able to make this work. I just need to commit myself to it and kick ass.