For the first time ever in my life, I am thinking about my financial future.
I realize that with my shitty part-time job and in the city I am living in, I am never going to attain financial freedom.
And it has got me thinking.
Photo from Unsplash.com
First of all, what is financial freedom to me?
It means being able to freely move wherever I want to go and not have to worry about my finances and not having to answer to someone aka not working for a boss who wants to know where I am and what I am doing.
It means not having to worry about money and being able to help my family and friends financially in ways that will make their life better.
It means being able to buy a plot of land and build a house on it and not have to worry about how much it’s going to cost.
It means being free.
Obviously, these things are really not going to happen in my current situation.
So time to switch that up.
I have started investing in crypto. Just small amounts to HODL.
Sometimes I get a bit frustrated with myself because if I had invested the crypto I had 4 years ago into Bitcoin or ETH, I would probably be achieving my goals now already.
But oh well, you live and you learn right?
I am looking to generate wealth, not just be rich. Things like passive income through staking.
Making small changes to have more money in the bank.
Things like making it a priority to food shop cheaply and to cook every meal.
It has become so easy to just order food but if you count at how much you are spending, it is ridiculous.
I told my father I was investing in crypto and I fully was expecting him to write it off as a scam but he literally said ‘Good. Don’t invest in the stock market or ‘normal’ shares, because it’s not going grow’.
I am also thinking about ways to create passive income as a side hustle and also business opportunities but so far, nothing has really caught my eye that I thought would be a good idea.
Ultimately, I want to be financially literate and be free.
When did you start thinking about your financial future? In what ways do you generate wealth?
Would love to read what you think and perhaps even learn a thing or two.
Over and out,
Ashley