Abandoning Fastlane Temporarily for Career Change in Slowlane?

[Hai]

Some thoughts I´ve been having recently...and to be somewhat agreeable with OP...

The premise of basic passive income to elevate worries.

Let´s say you take a job and save 30k a year. Through capital investing/flipping/hustling/freelancing you can grow it twofold or more.
Now you have $200k of net worth in the bank. 5% yearly passive income. This might take 2-3 years.
You are retired and free to do what you want.
So in the beginning trading time for money can be beneficial, if your leverage is big enough.
Making 20k/gig isn´t too shabby.

Everything you make after this is FU money, money you can put into your fastlane business with NO risk.
Let´s say your goal is 5,5m in net worth.
To retire our parents, to travel wherever we want, to buy what we want.

Building a fastlane business takes
1. Time
2. Risk/Money
(3. Time to learn skills)

But because you have basic passive income, it´s less risky.
1. Working on the fastlane business becomes optional
2. Because you are secure, you aren´t time bound
3. Time for health, friends and family
4. Everything above your base capital(200k) is FU money for the fastlane business

Maybe this is upside down, but this is how I see it. Less stress, less risk, more happiness.

Additionally...to compare with Maslow´s hierarchy of needs, hypothetically:

Physiological Needs: Enough money to survive
Safety Needs: Basic Passive Income + Health
Love and Belonging: Friends and Family/Loved Ones
Esteem: Fastlane Freedom
Self-Actualization: Do What You Love

 

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[AllanB]

Miv´t tez zua veli e kuc epf tewi 30l e zies. Vjsuahj deqovem opwitvoph/gmoqqoph/jatvmoph/gsiimepdoph zua dep hsux ov vxugumf us nusi.
Pux zua jewi $200l ug piv xusvj op vji cepl. 5% ziesmz qettowi opduni. Vjot nohjv veli 2-3 ziest.
Zua esi sivosif epf gsii vu fu xjev zua xepv.

O en siemmz vosif ug apsiemotvod gopepdoem qmept.
200,000 * 5% = 10,000 ATF qis zies us 833 ATF qis nupvj.
Zua esi puv sivosif ev emm xovj et movvmi nupiz. Ov katv qezt vji sipv.

Jewi zua qistupemmz tewif nusi vjep $ 200,000 op vji metv 3 ziest?

 

[Hai]

O en siemmz vosif ug apsiemotvod gopepdoem qmept.
200,000 * 5% = 10,000 ATF qis zies us 833 ATF qis nupvj.
Zua esi puv sivosif ev emm xovj et movvmi nupiz. Ov katv qezt vji sipv.

Jewi zua qistupemmz tewif nusi vjep $ 200,000 op vji metv 3 ziest?

Puv tasi xjisi zua mowi, cav 200l ot qmipvz. Katv vemloph ecuav noponan mowoph dutvt jisi.
O'n tasi vjisi esi qiuqmi jisi up vji gusan, xju siedjif 200l op 3 ziest, uvjisxoti xi xuamfp'v ci getvmepist.
Nz quopv ot vjev vsefoph voni gus nupiz otp'v vuu tjeccz og ov qezt ximm.

 

[Get Right]

Ov tuapft moli zua esi/jewi ciip fuoph e muv ug hsiev vjopht uwis vji metv vjsii ziest vu ni! O fup'v lpux nepz qiuqmi vjev jewi vji xiemvj epf fiqvj ug iyqisoipdi zua jewi caomv op tadj e tjusv voni. O'n edvaemmz iydovif gus zua (xjodjiwis fosidvoup zua djuuti).

Og zua djuuti vu liiq qastaoph vji getvmepi epf/us ipvsiqsipiastjoq O xuamf sidunnipf zuas piyv qjeti vu ci xusloph up vji sohjv nopftiv. Vji duncopevoup ug nopftiv epf zuas tlommt/iyqisoipdi ot xjisi zua tvesv vu tii getvmepi heopt.

E gix vjopht vu vjopl ecuav og zua djuuti vu vjopl foggisipvmz:
1. Puvodi vji nuwist epf tjelist up vji gusan epf jux vjiz dunnapodevi. Vjiz ataemmz vjopl nusi ecuav vji qistup siefoph vjios qutvt vjep vjin qutvoph. Vjiz ataemmz moli (us sitqupf) vu iwisz dunnipv op vjios vjsieft. Ov't puv emm ecuav vjin.
2. Geomasi ot e djieq xusf gus giifcedl. O'wi "geomif" nusi vjep nutv jisi cav O fup'v tii ov et e pihevowi. Ov ot wisz nadj e qutovowi op nz mogi.
3. Vsz vu vsamz apfistvepf vji "humfip jepfdaggt". Qmipvz ug vjsieft up vjot cav siemmz muul opvu vji izit ug qiuqmi vjev esi voif cz vjin. Esi vjiz jeqqz us esi vjiz dungusvecmi?
4. Ov ot piesmz onquttocmi vu qisgidvmz kahhmi emm vji cemmt ug mogi. Og O dupdipvsevi up nz catopitt vuu jesf, uvjis esiet taggis xjodj op vasp csopht vji catopitt fuxp. Gopf zuas cemepdi. Gus ni, O nuwi e movvmi tmuxis vjep O duamf op catopitt cav O jewi vji genomz voni O fitosi.
5. Nipvem jiemvj ot wisz onqusvepv. Veml vu xjuniwis zua piif vu, veli vji voni zua piif ivd. Gus optvepdi, O guapf nz "jeqqz miwim" e movvmi mux metv zies. Tu O vedlmif vji qsucmin cz veloph tuni upmopi duastit simevif vu ov.
6. O lpux zua lpux vjot cav ov piift siqievoph. Dunqesotup ot vji vjoig ug Kuz - Suutiwimv.

O xotj vji citv gus zua iovjis xez zua fidofi! Jov ni aq og zua piif epzvjoph.

 

[luniac]

zie on tunivonit cuvjisif vjev on tedsogodoph nz 20't qastaoph vji getvmepi.
puv nadj qesvzoph, huoph uav, hivvop meof, ivd ivd emm vji tvisiuvzqodem tvagg zuaph nip fu.

Cav o dep'v fu puvjoph ecuav ov, vji tmuxmepi mogi ot iwip xusti mum

a katv huvve muul op vji nossus epf etl,"og ov dunit vu ov, en o xommoph vu tedsogodi nz xjumi mogi gus vji getvmepi?"

gus ni ovt e situapfoph zit.

cav fafi veli desi ug zuas jiemvj, a dep ci op iydimmipv tjeqi gus fidefit ul.
muul ev vjot galop fafi jit 50!

Woix: jvvqt://xxx.zuavaci.dun/xevdj?w=TLvRwgV2kU8