Read Millionaire Fastlane
I've Read UNSCRIPTED
- Apr 20, 2011
I'd like to share my current situation with you'all... Although I know what the Fastlane is, and what most fastlaners will answer here, I want to discuss it anyway. I'm not in the fastlane, but not uncomfortable either, so this is not an obvious one. At least not to me. I don't commute every day. I take a day off any time I want, I don't have to deal with people (which I mostly hate), I don't have any debts...
- 33 years old
- Married with two kids. Both under 4 years old. Not planning on having more.
- Big 4B house with a pool. Paid off. No mortgage.
- Paid off decent cars. (although I allocate a monthly amount toward new cars every 5 years)
- Current lifestyle expenses: $5,500 (not luxurious, but don't feel I want a Lamborgini nor a mansion)
- $100K in cash savings
- $300K in real estate investments
- Employed. Work remote, very little supervision, can work from anywhere, have a lot of flexibility
- Gross Annual Salary: $170K
- Net monthly income: $11,000
- Net monthly savings: $5,500 / Annually: $66,000
- No "building a business, managing teams, selling, accounting, and just hustling"
- More relaxed lifestyle. Get to focus on one subject matter (the job's) and that's it
- Sidewalk (slow wealth building) / Can't see a way out. 10 years in this and I can what, save $700K? What's that good for? Not much.
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