How important is having an agenda?
..or what is your agenda, is it something you work toward?
Voting Results
60% Normal
Based on 5 votes
(3 yes)
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Comments ( 18
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Vvaas
my agenda is i want to breed the biggest chicken breed ever like a raptor and if possible big enough to ride them around because i think that would be really cool xoxo
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LloydAsher
Stay alive as long as possible and enjoy as much as possible. Have a plan to work into retirement, nothing hard, gardening, maybe some husbandry.
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olderdude-xx
I mostly agree with DADNSCAL, except that you will not likely be a listless drunk or depressed dependent. While those might occur... it's more likely you will just live a life of unfulfilled purpose and just barely scrap by.
People who set goals in life live more fulfilled lives and accomplish more. They also tend to reach higher incomes and accumulate more wealth.
So the question you have to ask yourself is: "How do you want to live your life in the future?
- Is that working some job that limits your time off and determines much of what you life is? Or is it having both the finances and opportunities to travel the world (part at a time) and or develop or support charities in areas that concern you in significant ways.
- How do you want to change or impact the world?
- Where do you want to live and what kind of house (or houses)?
Now you may have lessor goals. Set up fully funded college fund for the kids, buy a new car/truck (or maybe just a full set of new good tires - not the cheap ones), buy a nice bit of jewelry for your SO, have enough money to retire, and many others.
The key is to develop a dreams and goals list, reveiew it frequently (and it's OK to change it as time goes on), and find a vehicle that will allow you to reach your goals.
A normal job will allow you to do many things, except have a lot of time off or much financial freedom and wealth building.
People who want time off and money tend to start certain kinds of businesses which allow both to happen (note: many kinds of businesses are just another job - and often on steroids: The business owns you and you can rarely take time off).
I personally know several people who are completely retired from a normal job (several in their 30's), and tend to their businesses less than a week a month (on average) - sometimes they are gone on a trip for several months. These tend to be 1st class travel and lodging trips as they are now wealthy enough to do that.
So its possible. But it all starts with you deciding what you dreams and goals are; small and large and pursuing it.
Sadly, most people in life never set meaningful goals... and they achieve what they aimed for. Not much of anything.
Shoot for the stars. Even if you fall short perhaps you just reach the moon or the outer planets.
It cost no more time nor effort to dream of earning a $ Million dollars a year (or more) than of earning $50,000 or $100,000 a year (or whatever). Most people achieve about a fixed % of their goals. If you are a 50 percent-er... would you rather end up at $500,000 per year or $25 - $50,000 per year.
Note that most real goals take time to reach. Everyone that I know who has developed a business that provided them financial and time freedom has invested at least a decade into that business.
I wish you well with this,
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Tinybird
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1WeirdGuy
My agenda is gaining assets. Im looking to get into real-estate but my stocks and crypto are down so if I pull out for a down payment my crypto would have probably doubled in a year, so it would be financial mistake to do now. Theres a 10 acre house I really want to buy right now out in the sticks and rent my current house out and slowly build a rental empire. But my gut is telling me to be patient that its not the right time. But my dream property is for sale now for 350k and idk if Ill ever get s deal like that again. Its fucking amazing I id get a creek, pond, barn, shed, quarter mile driveway, and wooded area for hunting. NO neighbors for miles, 10 acres and only 30 minutes to a big city.
I believe if you work a decent paying job in a capitalistic country theres no reason you cant get rich. The system is built to make you rich unless you fall for what they teach in schools about college and 9 to 5 forever. Its not about how much you make but how much you save. The dollars you save are the most loyal employees you can get.
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LloydAsher
I'm taking the ron swanson approach. Putting stocks into gold and salt. Slow and steady to win the race. Time is on my side to invest and accrue interest.
Not a fan of crypto though as much as I dont trust the feds I'm less likely to trust corporations buying crypto. I remember dodgecoin
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1WeirdGuy
On a 100k salary just buying stocks is unlikely to make you that rich. Im sure you'll retire a millionaire. But you'll have to work your entire life doing a 9-5. This is what they teach you to do in school.
Imagine once a month you get your rent money from like 15 houses and make about 10k a month from just that alone not counting your job. Then you can go buy another house and use some of that rent profit for the mortgage. Then when the renters pay off those mortgages you sell the house they lived in and they basically paid you so they can pay off your house for you. Also the houses go up in value due to inflation. By the time you sell them say for example theyll all be $650k+ (probably alot more than that) on a 15 year mortgage with 15 houses at 650k thats $9.75 million. AND you got a salary from the renters ontop of that the entire time.
THATS how middle class ppl can get rich.
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LloydAsher
My goal isn't to get rich. These are uncertain times, so being overly cautious with where I put my money isnt a bad thing. I just want a chunk of land somewhere to build a homestead when I'm 40. So when i retire I'll have a place to work.
That doesnt mean I'm not intrested in other forms of income it's just that i dont have the capital to start it from where I am currently. Plus I still am looking into the legality/possiblity of said buisness. Sure as shit doing better than my brothers get rich scheme that failed.
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1WeirdGuy
I own my first house now and I got my down payment ready for a new house. Theres only one other house for rent in my county on zillow and its $600 more than my mortgage and no where near what I could charge $1,000 extra a month for mine. Im looking to buy a new house soon to get started.
Also whats interesting is the first few years of a mortgage you're paying only interest. And interest is a writeoff. So if you pay $12k of interest a year thats 12k off your taxes. Add some deductions for kids and youll pay 0 income tax. (Im already gonna pay only like 2% income tax next year because I have a home and 2 kids). Thats another benefit of buying a new house and living in it and then renting the old one out as soon as you pay off the interest. Youll pay 0 income taxes!
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DADNSCAL
If you mean a goal or set purpose to your life it's the most important thing. Without one you'll be a listless drunk or a depressed dependent on other people. And it doesn't have to be some lofty ideal like solving world hunger. It can be something mundane like being a good husband and father which isn't so easy either.
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