Essential Skills For Early Retirement: Self Motivation

Have you ever read a job description that describes a perfect candidate as, “A self-motivated go-getter with a can-do attitude…” (Or something to that effect)?

I bet you have. The phrase is so ridiculously common that it can be found on every single job description in the world (if my quick informal survey is to be trusted).

I’m sure every single one of those jobs wants that mythical unicorn “go-getter”, but most of those “go-getters” are only motivated to do well at work…

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Essential Skills For Early Retirement: A Thick Skin

In this multi-part series we’re looking at Essential Skills for Early Retirement. The focus of this series is what happens after Financial Independence, and what are the skills are needed for a successful early retirement.

This time around, I’m going to discuss the not-so-pretty side of retirement, and why every early retiree needs to develop a thick skin. The thicker the better…

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Archives 2017

December 2017 Mr. Tako’s Best Investing Posts Of 2017 Let Your Best Investments Run Debt By A Thousand Cuts: Holiday

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All Archives

September 2019 The Impossible Food Budget Will You Survive The Passive Investing Bubble? August 2019 Expenses And Dividend Income Building

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Can A Personal Finance Blog Teach You To Be Rich?

Everybody wants to be rich.  OK, maybe not everybody… but most people!  The process of actually becoming rich however, is another story.  It’s not easy.

I used to believe that anybody could achieve Financial Independence before a traditional retirement age.  If only they applied themselves.  Once reaching the fabled financial status, they could retire early, travel the world, get in shape, or donate their time to worthy causes.  I believed all of this could happen for anybody, just so long as they got exposure to the right information.

Maybe it was naive of me, but I thought anyone could do it.  Now, I’m not so certain.

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Worth Millions And Still Not Feeling Wealthy?

Do you feel wealthy?  Almost certainly the booming stock market has people feeling richer than ever, but according to a recent survey by Ameriprise Financial, the vast majority of American millionaires with between $1 and $5 million dollars don’t consider themselves wealthy.  Most of the surveyed millionaires consider themselves as having a “middle-class” lifestyle.  Only 13% of these millionaires consider themselves “wealthy” or “upper-class”…

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The Failure of Specialization And the Rise Of Financially Independent Generalists

Do you consider yourself a specialist or a generalist?  It’s not a question you normally hear people asking themselves.  Most people choose a specialization during college, and try to find work in that specialized field with the hope of earning a good living (and decent retirement).

In general, specialization is a good strategy.  Specialized jobs typically pay more than being a generalist, and the payoffs for greater experience in specialized fields makes it worth it to pursue very specialized skills…

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