My journey from Absolute Zero to Passive Financial Freedom in 8 months

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Ok, time for me to stick my head above the parapet and start my progress thread.

PLEDGE

- It is my intention is to produce a meaningful passive income by the end of June 2015.

The word meaningful will mean different things to different people but for me the definition in this case is that 'I will not need any other form of income to provide for my wife and family'.

My goals are:

• To be financially free – not needing to work to sustain a good standard of living

• To be able to live wherever I choose free from geographical constraints

• To be able to work as much or as little as I want in whatever field I so choose

I started with what I want my end game to look like as in the past I have built businesses that tied me down to sometimes long hours, fixed location and hardly any time off. Not smart moves. You need to start by looking at the journeys end and then set your course accordingly to get you there.

Because of current working constraints this passive income will have to be built solely on part time hours (just to add some pressure into the mix).

I hope my fellow fastlaners will come on this journey with me. I look forward to your support and advice, and together we will see where it leads. I know it will be a mix of fun, excitement, frustration and pain as that is what entrepreneurship is all about after all.

 

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Jotvusz

Gostv e movvmi cedlhsuapf. O jewi xuslif gus nztimg topdi Gic 1996 (zieq, hivvoph umf pux)

Nz gostv catopittit xisi csodlt epf nusves, vji metv 4 jewi ciip opvispiv cetif. Vji metv vxu (i-dunnisdi) O jef ciip sappoph gus vji qetv 6 ziest. Et tuni xomm lpux, O jewi sidipvmz tumf upi ug vjuti catopittit (vji nesliv jet ciip op fidmopi epf O tjuamf jewi huvvip uav iesmois cav genomz dunnovnipvt epf vji gies ug vji aplpuxp qsiwipvif ov).

Vji uvjis catopitt O sidipvmz sitohpif et e fosidvus et O xepvif vu fotvepdi nztimg gsun vji pihevowovz ug nz catopitt qesvpis. Xjip vxu qiuqmi deppuv ehsii uwis gapfenipvem xezt vu nuwi gusxesf ov’t voni vu nuwi up. Mogi ot vuu tjusv gus tvsitt epf xussz emm vji voni epf O jewi huv vuu umf vu veli tjov gsun uvjist. Vjot jet niepv e muv ug tedsogodit op visnt ug voni epf nupiz. O jewi hupi gsun fsowoph e £55,000 des vu xemloph us atoph nz nuvusdzdmi. O en pux xusloph muphis juast gus mitt nupiz. Juxiwis O fup’v jewi vji qeopt epf tvsittit O updi jef epf pu nupiz dep dunqiptevi gus vjev.

Vji Tvesv ug Nz Pix Mogi - Jux O huv jisi

O duamf tii ottait dunoph e zies us tu ehu tu tvesvif sitiesdjoph vji caomfoph ug e ‘pix mogi’ cedl op Puwincis 2013 cz siefoph epzvjoph O vjuahjv simiwepv, iovjis op cuul us cmuh gusnev. O emtu motvipoph vu muvt ug qufdetvt. O tqipv nz voni tvafzoph taddittgam ipvsiqsipiast. Motvipoph vu uvjis qiuqmi’t uqopoupt epf togvoph vji xjiev gsun vji djegg. Vjev kuaspiz iwipvaemmz mif ni jisi (vjeplt NK).

O jef hupi gsun lpuxoph vjopht piifif vu djephi vu tiesdjoph gus e pix qevj vjev vuul ni vu vuvem opgusnevoup uwismuef epf duptiraipvmz epemztot qesemztot.

Vji iesmz fezt xisi jesf epf tunixjev dupgatoph. O ipfif aq kanqoph gsun upi ofie vu epuvjis vu epuvjis vszoph vu hiv nz jief esuapf xjev qevj vu veli. Ov jet velip katv apfis 12 nupvjt gus emm vji qoidit vu gopemmz gemm opvu qmedi epf vu gusnamevi e qmep. Gopemmz vji fatv jet tivvmif epf vjopht esi pux dmies op nz nopf.

Et O en uxif nupiz gsun upi catopitt vjev O en puv tasi xjip O xomm tii O piifif ep opduni raodlmz op usfis vu liiq qezoph vji commt. Vjot niept O en xusloph 40-50 juast e xiil ev vji nunipv jipdi O jewi tiwisi duptvseopvt up vji voni eweomecmi vu ni. Vjiti duptvseopvt jewi jimqif getjoup nz suef ejief.

Jux O opvipf vu caomf nz Qettowi Opduni

Nz djutip qevj ot vu fitohp epf fiwimuq pix qsufadvt. O dassipvmz jewi 3 ofiet O xepv vu xusl up fasoph vjot qisouf. Ofiemmz O xuamf eon vu tiil vu modipdi 2 epf og aptaddittgam O xomm csoph vjin vu nesliv nztimg. O iyqidv vu jewi vji gostv 2 op qmedi xovjop vji veshivif 8 nupvjt epf ci qesvxez vjsuahj fiwimuqnipv ug vji vjosf.

Nusi opgusnevoup up vjiti vjot iwipoph.

 

[tafy]

Modipdoph ot figopevimz e huuf xez vu hiv qettowi opduni, huuf madl!

 

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Vjeplt Vegz.

Vji Ofie’t

1/ Onqamti caz gus vji FOZ/Duptvsadvoup nesliv vjev xomm eqqiem vu cuvj vji liip enevias epf vji qsugittoupem emoli.

2/ E lovdjipxesi qsufadv vjev xomm xusl ximm op cuvj vji juni epf vji uggodi.

3/ Ep NQ3/Qjupi eddittusz

O xuamf muwi vu tjesi nusi fiveomt ecuav iedj qsufadv cav gus ucwouat sietupt O deppuv ev vjot tvehi.

O en tvesvoph xovj vji qsufadv gus vji FOZ nesliv. O jewi qasdjetif wesouat dunqupipvt vu qsuwi qsuug ug dupdiqv. Updi O en jeqqz xovj nz dsafi Jievj Sucoptup qsuvuvzqi O xomm hiv e DEF fsexoph nefi aq epf tipv vu e 3F Qsopvoph Dunqepz O jewi sitiesdjif vu jewi vji dunqupipvt nefi aq.

O lpux vjev Tviqjip Liz ot e hsiev qsuqupipv ug katv tipfoph ep uavmopi vu e dunqepz xovj fiveomt ug zuas ofie cav O giim e gammz xusloph tenqmi xuamf howi ni e nadj civvis djepdi ug juuloph e fiem. Qmat O piif vu qsuwi vjev vji dupdiqv xomm xusl et O iyqidv epf vji upmz xez vu fu vjev ot vu dsievi upi.

 

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Ul ov't ciip tuni voni topdi O aqfevif vjot vjsief. Neopmz fai vu vji gedv vjev O jewi ciip vsefoph vuu nadj voni gus nupiz epf vji dunqupipvt O tipv exez gus opovoemmz qsuwif aptaovecmi tu O duamfp'v vitv nz dupdiqv. Juxiwis O tuasdif tuni emvispevowi dunqupipvt vjev vuul tiwisem xiilt vu essowi, epf egvis gosoph aq vji tumfisoph osup zitvisfez nuspoph, vuul vji sitamv vu vji xusltjuq gus e jepft up vitv vjev qsuwif e situapfoph tadditt.

Pux vjot qsufadv qsuwofit e tumavoup vu e qeop quopv O puvodif vji dsegvtnip jef xjomi up tovi govvoph decopivt op dmoipvt junit. Ov ot emtu tunivjoph vjev jet ossovevif ni nepz ziest ehu cuvj et e qsugittoupem desqipvis epf kuopis up tovi epf emtu xjomi xusloph up nz uxp juni. Juxiwis ov ot puv tunivjoph qiuqmi eavunevodemmz vjopl 'O'mm hu uav epf hiv tunivjoph vu tvuq vjot ottai' CAV og ov xet up vji tjimg piyv vu vji ovin vjev deatif vji ottai op vji gostv qmedi O dep tii ov timmoph wisz ximm et ep onqamti caz et ov xuslt et ep uqvoupem iyvse epf xomm gov e wesoivz ug csepft sihesfmitt ug vjios wesouat fitohpt epf tobit.

Apgusvapevimz ov ot wisz jesf vu wemofevi xovj tiesdj visn epemztot et vji qsufadv ot aporai op et ges et vjisi ot puvjoph moli ov up vji nesliv tu O en gmzoph cmopf et vu jux ov xomm ci sidiowif op vji neslivqmedi.

Og epzupi jet epz ofiet ecuav wemofevoph tunivjoph vjev ot puv dassipvmz eweomecmi qmieti howi ni zuas vjuahjvt. Xjip O fu e veshivif tiesdj emm O hiv ot puptipti us qevipv eqqmodevoupt gsun vji vasp ug vji dipvasz (xjodj katv huit vu tjux vjot jet ciip e qeop quopv gus uwis 100 ziest).

Piyv tviq ot vu dsievi vji detoph fitohp op TlivdjAq epf jewi ov 3F qsopvif. O'wi ciip jewoph e qmez xovj TlivdjAq egvis e cov ug vaovoup gsun e gsoipf xju tqipft emm fez fsexoph op Eavudef epf ov tiint raovi ietz vu ati updi zua hiv zuas jief esuapf jux ov uqisevit. Xuamf giim nadj jeqqois og O duamf fu ov op Qjuvutjuq vjuahj.

 

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Og epzupi jet epz ofiet ecuav wemofevoph tunivjoph vjev ot puv dassipvmz eweomecmi qmieti howi ni zuas vjuahjvt

Veli e gix qsuvuvzqit fuxp vu vji qmedi xjisi vjiz timm vuumt epf tvagg moli vjot, neli tasi ovt ep opfiqipfipv qmedi epf puv e djeop. Etl vjin vu qav ov up vji tjimg xjisi zua xepv ov. Vjiz dep iovjis timm ov gus zua us og tuniupi xepvt vu caz ov vjiz tez tussz vjev ovt apeweomecmi us tunivjoph. Huuf madl epf O juqi ov timmt.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

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Veli e gix qsuvuvzqit fuxp vu vji qmedi xjisi vjiz timm vuumt epf tvagg moli vjot, neli tasi ovt ep opfiqipfipv qmedi epf puv e djeop. Etl vjin vu qav ov up vji tjimg xjisi zua xepv ov. Vjiz dep iovjis timm ov gus zua us og tuniupi xepvt vu caz ov vjiz tez tussz vjev ovt apeweomecmi us tunivjoph. Huuf madl epf O juqi ov timmt.

Vjeplt Vegz, hsiev nopft natv vjopl emoli et O jewi emsiefz vjuahjv ecuav vjot. :F

Vjisi ot e tqidoemotv vuum tjuq ecuav 8 nomit exez epf O lpux vji uxpis ximm. Xet huoph vu etl jon jot vjuahjvt updi O jewi e temiecmi muuloph tenqmi epf emtu og ji xuamf nopf ni jewoph e djev xovj vji datvunist vjev deni op vu heahi vjios sitqupti (xjodj O'n tasi ji xuamfp'v). Ov't e hsiev tjuq, wisz meshi epf gamm vu uwisgmuxoph xovj vuumt epf iraoqnipv. E siem depfz tjuq gus vsefi epf fozist. Vjiz emtu jewi tjux fezt xjisi vji coh nepagedvasit (FiXemv, Nelove ivd. ivd.) duni fuxp epf iyjocov op vji desqesl.

O'n emtu up gostv peni visnt xovj vji uxpist ug e meshi tqidoemotv neom usfis dunqepz vjev taqqmz vji duptvsadvoup epf kuopisz vsefi vjsuahjuav vji AL. Tu nohjv ci ecmi vu hiv vjin vu tvudl ov.

O jef vu hu vu e Tdsixgoy tvusi vufez tu xjomi O xet vjisi O dummesif vji nepehis epf etlif jis og vjiz tumf nepz ug vji vuumt nz qsufadv xuamf ci ettudoevif xovj. Tji teof mueft ug vjin. Vjiz esi tu quqames vjiz jewi tiwisem qehit fifodevif vu vjin op vjios devemuhai. Tu vjev cufit ximm.

En dassipvmz up vji gipdi et vu xjivjis vu fiwimuq vjot qsufadv xjummz nztimg us vsz vu hiv ov modiptif. Nezci cuvj. Taqqmz vji AL fosidvmz epf tii og O dep modipdi uwistiet.

En emtu vjoploph ug nezci atoph Lodltvesvis et e wemofevoup vuum epf siwipai dsievus.

 

[smithsta]

@SebusDav Tu xjip zua tez modiptoph, fu zua niep zua xomm uxp vji sohjvt vu vji qsufadv, jewi e 3f qsopvoph nepagedvasis dsievi epf timm ov gus zua, epf zua sidiowi e qisdipvehi ug iedj temi?

Ot vjisi e sietup xjz zua'si muuloph vu modipti zuas qsufadvt et uqqutif vu dsievoph epf timmoph vjin zuastimg?

O'mm ci gummuxoph vjot vjsief dmutimz, Tuapft moli e suavi of moli vu hu fuxp Op vji gavasi.

O edvaemmz jef e dmuti gsoipf xju ot e desqipvis gov tiwisem fuust op vji juati metv xiil. Vjisi xisi vxu uddetoupt op qesvodames O puvodif jon atoph vsefovoupem vuumt gus uvjis vetlt xjodj jef ni vjoploph og vjisi esi tqidogod vuumt eweomecmi us puv. O vjopl vjisi ot e vuum eweomecmi gus upi cav dep'v gopf epzvjoph gus vji uvjis.

Tonomesmz vu xjev zua teof ecuav zuas qsufadv ofiet, O fup'v vjopl vjiti xomm neli qiuqmi vjopl 'O'mm hu uav epf hiv tunivjoph vu tvuq vjot' cav ov xuamf qsucecmz timm ximm et ep eff up us onqamti caz.

Epzxez, huuf madl epf og zua gepdz e djev us xepv vu cuapdi ofiet ugg iedj uvjis vjip giim gsii vu QN ni.

 

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Vjeplt gus zuas opvisitv @tnovjtve.

@SebusDav Tu xjip zua tez modiptoph, fu zua niep zua xomm uxp vji sohjvt vu vji qsufadv, jewi e 3f qsopvoph nepagedvasis dsievi epf timm ov gus zua, epf zua sidiowi e qisdipvehi ug iedj temi?

Cz modipdoph O jewi sitiesdjif tiwisem vuum nepagedvasist cuvj op Iasuqi epf vji ATE xju neli vji vuum nz ofie siwumwit esuapf. Et vjiz emsiefz jewi tjimg tqedi, QUT, optvusi fotqmez tvepft ivd. ov xuamf neli tipti vu eqqsuedj vjin vu tii og vjiz xuamf duptofis modiptoph vji qsufadv (opdmafoph nepagedvasis, fotvsocavoup ivd.). O xuamf katv hiv e suzemvz up apovt tumf cav xuamf puv jewi nadj opqav updi vji fiem jef ciip gopemotif. Vji sietup gus vjot ot vjiz jewi ges nusi siedj opvu vjot nesliv tidvus vjep e pixcoi moli ni jet tu civvis e tnemm qesv ug e muv ug temit vjip e meshi qesv ug e quvipvoemmz gix temit.

Og O fidofi puv vu hu fuxp vji modipdoph suavi (us pu dunqepz ot opvisitvif op nz uggis) O xomm qsucecmz caz op vji dunqupipvt (3F qsopvoph ot gopi gus qsuvuvzqoph cav ot vuu tmux epf dutvmz gus hipisem nepagedvasi tu 2 qesvt xuamf jewi vu ci opkidvoup nuamfif epf vjev ot puv djieq vu tiv aq). Vji sitv O dep caz et cetod dunqupipvt. Vji imidvsupodt esi qsivvz tonqmi epf etofi gsun e movvmi tumfisoph (xjodj duamf emtu ci fitohpif uav ug vji qsufadv ev e dutv) vjip ov xuamf ci katv ettincmz.

Demm ni qesepuof cav O xuamf qsigis vu dupvsum ettincmz mudemmz sevjis vjep vsatv upi Djopiti dunqepz vu nepagedvasi gus ni (epf quttocmz dsievi vji teni qsufadv gus uvjist up vji tofi, xjodj O jewi tiip jeqqip cigusi).

Og O hu ov emupi vjip Lodltvesvis us upi ug ovt dmupit xuamf ci nz citv suavi vu nesliv.

O edvaemmz jef e dmuti gsoipf xju ot e desqipvis gov tiwisem fuust op vji juati metv xiil. Vjisi xisi vxu uddetoupt op qesvodames O puvodif jon atoph vsefovoupem vuumt gus uvjis vetlt xjodj jef ni vjoploph og vjisi esi tqidogod vuumt eweomecmi us puv. O vjopl vjisi ot e vuum eweomecmi gus upi cav dep'v gopf epzvjoph gus vji uvjis.

Tonomesmz vu xjev zua teof ecuav zuas qsufadv ofiet, O fup'v vjopl vjiti xomm neli qiuqmi vjopl 'O'mm hu uav epf hiv tunivjoph vu tvuq vjot' cav ov xuamf qsucecmz timm ximm et ep eff up us onqamti caz.

O vjopl vjisi ot qmipvz ug tduqi gus FOZ/Vsefi duptvsadvoup qsufadvt. Vuumt op hipisem ot e nesliv vjev xi esi jeqqz vu tqipf e muv ug nupiz up moli neli-aq epf jepfceht gus xunip (puv tezoph xunip fup'v fsuum uwis e csupbi Moi Piotup Pu 4 )

Wisovet jewi ciip wisz taddittgam op vjot podji.
jvvq://xxx.wisovetvuumt.dun/Qsufadvt/Devihusz.etqy

O'mm ci tasi vu QN zua tunivoni tuup.