Growing up in a middle class family and like many other finance bloggers, my parents only ever taught me to study hard, get great grades and you’ll earn more money and live a good life.
Before I knew it I found myself as a 22-year-old fresh faced junior doctor in 2012 with a zero net worth and zero financial knowledge. (Just in case you’re not a doctor reading this and you’re curious, we started at a relatively low salary of £22k for a 40-hour week)
There is nothing wrong with the above advice, except that there is.
Over the next couple of years I read this book, this book and eventually that one amongst many others to learn things that school and my parents never taught me. The table below is a showcase of the results anyone can achieve and even exceed if they implement the knowledge in those guides. If you prefer listening, you can receive a free audiobook of your choice using that link. Simply sign up for a 30-day free trial and if you decide you don’t like the service, you can cancel at the click of a button and keep the book free of charge, no questions asked.
Imagine what life would be like if you could do the same job you currently love, with the additional peace of mind that if your life situation was to dramatically change rendering you unable to work, touchwood, a paycheque would continue to support you and your family every month?
What if you’ve been at your high-paying job for 15 years and would like to use the other half of your career life to pursue something more fun, less intense, but with only half the paycheque?
Passive income is the solution to most of life’s problems and especially the career ones.
Although I would much prefer creating monthly passive income reports, dividend and peer to peer lending income is quarterly and therefore my first two months from each quarter are generally unexciting. Hopefully one day this will change if I ever branch out into real estate but we shall see.
I hope you’ll join me on this journey to become financially independent. Make sure you subscribe to receive exclusive monthly newsletters not available to the general public. And if you would like a more extensive book-list, don’t hesitate to drop me a line. 🙂