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Will Your Road to Wealth Devour 40 Years of Your Life?
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JoeyBiz
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Does anyone do this? I feel i am so bad at doing this. I will avoid going out alot, spending money, until i reach a goal but it really takes over your life. I realize im getting worse and worse, id rather figure out ways to make money than go out and im pretty young. i have this idea that unitl i reach x amount of dollars smoothly every week or until i create this much passive income i wont do x,y,z. As time goes on and i do not reach these goals, if i never do i might just die one day trying to accomplish something i wont. I find the balance so hard, now when im out doing things, i just want to be creating or doing things to make money? I am starting to feel happy with 99 percent work 1 percent play if it equals success. Normal or no? i know plenty of people who play alot and become rich. Maybe im doing something wrong.
 
 
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Does the work feel like work? If you're in the groove you may not feel like you're working. IMHO you can do that for a few years before you burn out and need a change.

I’ve had thousands of problems in my life, most of which never actually happened. Mark Twain
 
 
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well im young and im here now..... i could be doing anything in the world. I like reading about ways to make money, its becoming obsessive. I had a relative come down from a southern state the other day, and he said wow what is with you all you do is talk about money and business, i realized how bad i am, im that guy constantly knowing about every business deal always thinking of new strategies and wanting to be involved in more and more business. I mean my goal is to own multiple businesses, macro manage them and live a nice life. Eventually take the money and become diverse into real estate. I love business and i have that goal, this is the only option i have so when that goal is in my brain 24/7 i just want to be getting closer to it.
 
 
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Originally Posted by JoeyBiz View Post
I am starting to feel happy with 99 percent work 1 percent play if it equals success. Normal or no?
Oh, I am soo with you on this one.
I spend 99% of my day with work, networking, reading about business etc. And thats okay, I like it. Add my relationship, meeting friends once in a while, some volunteer work and an episode of House, MD and Im done for the week.

But I get it: at some point you might regret to have not had all the parties etc. On the other hand: what good are all the parties now if youll still be in the rat race with 40?

I dunno where the balance is..
 
 
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Try and find the balance between work and 'play'. Theres no point having no fun missing out on a lot of things you'd like to do!
 
 
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It sounds like you are being a bit impatient. Most successful people practice delayed gratification in order to achieve their goals. If you spend all your money and all your time on things that don't align with your goals, it will certainly take you longer to achieve them. But as the cliche says, "life is a journey, not a destination". In my 20's (I'm 35 now), I was concerned with things. Now I really don't care about things. I want experiences. Ask yourself the question, "do I want to have things or do things?".

 
 
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If you're asking this question there is a good chance you need to change something in your life. It is not a matter of whether you're "young" or not; It's about living the life you want to live. Understandably there are things you cannot do due to not enough money, but with what you have are you doing the best you can? Are you at the same time doing it in a way that will allow you to do the things that you currently lacking the money to do?

I'm young also (19) and I'm working my way on to becoming a professional soccer player. Do you know the countless times I've had to miss parties to get in another practice for the day? What about all the times I had to go to sleep early instead of hanging out with friends?

No matter what you choose you are going to be sacrificing something else. You need to do what is more important to you. Not your neighbor, me, or this forum. YOU

What do you feel you're currently not doing that you feel you should be?
 
 
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People that work 100 percent of the time even if worth 100 million are not what i want to be. Like you said though sacrifices are needed. I literally avoid doing things now so i can just work on projects, not sure if like another person said, maybe i am impatient and need to live a normal life. Sometimes i envy friends that took that 50k a yr job and go out with friends all the time and dont think about money. Its not me at all but i want to be like that to some degree successful...alot to ask for ..i know


I do not want to be in the rat race... i feel like if i apply myself with all the reading, experience, and obsession i have to reach my goal. As time goes on you just want to meet some quota you set for yourself. Why would i spend 30k on a car when i know i can turn that into more and make it passive one day? i do want things, but i will only buy them when they in a certain way. I will not work 9-5 for someone and spend a paycheck on a car i can barely afford. All these things keep me going aside from enjoying business.
 
 
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Originally Posted by Runum View Post
Does the work feel like work? If you're in the groove you may not feel like you're working. IMHO you can do that for a few years before you burn out and need a change.
Don't worry - ALL the young bucks are like this - It will wear off!
 
 
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Don't worry - ALL the young bucks are like this - It will wear off!
Agreed.

I’ve had thousands of problems in my life, most of which never actually happened. Mark Twain
 
 
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Even though you are young, you do need to find a balance which works for you. I feels this is true regardless of whatever age you are.

With that said, you may want to sit down and put together a roadmap of milestones you need to achieve in order to reach whatever goals you have. Then you could figure out what steps you need to take in order to reach those milestones. By doing this, you can see what has to be done and when which give you a good idea of how much time you will have to devote to that aspect of your life, leaving you with (hopefully) time left over to actually go out and enjoy other things in your life.

Just my two cents. Hope it helped!

Wesley Craig Green
 
 
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michael (Nov 24th, 2009)
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Think of it this way, would you rather party for 10 years now, or party for 40 later?

If you party now, you might not reach your goals for later.
If you work now, you might just reach your goals to party later.

‘The only thing necessary for the triumph of evil is for good men to do nothing.’ - Edmund Burke
 
 
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I cant wait to be able to host some Jammin "Get Togethers".

I love music, and talking to people, and entertaining people. ooo Im excited just thining about it!

‘The only thing necessary for the triumph of evil is for good men to do nothing.’ - Edmund Burke
 
 
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I felt this way a few months ago.

My solution: work a set hours and everything outside is my time to do whatever. I treat it like a job, I work 9-6 Monday-Friday and anything other than that, I go out any try to forget things. It was hard at first; it was like an addiction withdrawl. But I got over it and I am much happier now. It just makes me concentrate and work harder during those work hours.
 
 
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You can work towords your goals, just make sure the work counts and dont forget to live your life.

You are reading to much into delayed gratification, you dont hav to slum it unless it is nessicary. eating ramen for a year will only degrade your health if you arent doing it for the purpose of dumping everydollar into something that works.

A lot of folks get wrapped up in that idea and let life pass them by as they are "working" on something that isnt actually working. I went through this as well. One thing to remember is never pass up a life experience, if its available do it, no amount of money can replace those opportunities.

Remember more money is printed everyday, but one in a lifetime experiences only come around... once in a lifetime.

 
 
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You can't let your pursuit of wealth interfere with you being a cool person, and enjoying life. You can't let it ruin your life, in essence...

If you don't leave your house, and save every penny -- before long, you are going to be known as a shut in, and recluse -- who has no social skills! You're going to miss out on the best years of your life, and you'll end up looking back at pictures of yourself going, "Wow -- I really should have lived life and enjoyed it before I was bald, fat, and OLD!"

If you devote your life solely to wealth creation, and live for nothing else... When you go to a club, and a gorgeous woman sits down next to you... You will be too cheap to offer to buy her a drink, or take her to dinner -- and maybe too socially inept to be able to communicate with her on her level. You're going to regret it for the rest of your life if you blow opportunities like that.

You will end up 50, alone, and miserable -- even if you have the money. Or maybe you die at 40 of a heart attack, and never enjoyed life at all? Because you were saving everything up for retirement one day!

There is such a thing as balance here folks!

- Hakrjak

"Don't let good enough be good enough" -- Coach Bill Parcells to Tony Romo upon leaving the Dallas Cowboys.
 
 
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thanx alot i appreciate it.
 
 
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I think for everyone it will be different. For years I was a shut-in workaholic. I was totally focused on earning money and getting rich.

One day I had a realization that I wasn't enjoying the fruit of all that labor. I had made getting rich the end game.

Getting rich is a stupid end game, the only reason to have money is to enjoy life more. The irony is the we can always start enjoying life more no matter how much money we have... it's a simple choice.

I consciously started to tip the balance and began to spend more of my money and spend more of my time playing.

The funny part is that the less I have worked, the more money I have made. For me this was not a coincidence, now my work is more focused and it has a real purpose... greater enjoyment of life - which is a lot more inspiring that an bulging bank account.

 
 
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I think it depends on what you call work. If you are not enjoying what you are "working on" during the day then maybe some adjustment should be made. If you go and read books and truly enjoy thinking about your next move and that gives you that "butterfly" feeling then you know you are on to something. This could be what you are on this earth for. Be happy for that. Be excited that you are identifying a trend in your life. That being said, I think you should still allocate a night a week minimum to grab your girl or your friends and go let loose, have some drinks hit some clubs or whatever you like to do, that's important. Its good to take a well rounded approach in anything you do.

I always noticed that after 5 or 7 drinks that little voice in my head seems to take a break and all I'm thinking about is whats directly in my line of sight and that's a refreshing feeling sometimes.

Food for thought
 
 
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Quote:
Originally Posted by JamesF View Post
My solution: work a set hours and everything outside is my time to do whatever. I treat it like a job, I work 9-6 Monday-Friday and anything other than that, I go out any try to forget things.

Quote:
Originally Posted by LightHouse View Post
You can work towards your goals, just make sure the work counts and don't forget to live your life.

One thing to remember is never pass up a life experience, if its available do it, no amount of money can replace those opportunities.

Remember more money is printed everyday, but one in a lifetime experiences only come around... once in a lifetime.

Quote:
Originally Posted by hakrjak View Post
You can't let your pursuit of wealth interfere with you being a cool person, and enjoying life. You can't let it ruin your life, in essence...

There is such a thing as balance here folks!

Quote:
Originally Posted by Jonleehacker View Post
Getting rich is a stupid end game, the only reason to have money is to enjoy life more. The irony is the we can always start enjoying life more no matter how much money we have... it's a simple choice.

I consciously started to tip the balance and began to spend more of my money and spend more of my time playing.

The funny part is that the less I have worked, the more money I have made. For me this was not a coincidence, now my work is more focused and it has a real purpose... greater enjoyment of life - which is a lot more inspiring that an bulging bank account.

These are EXCELLENT comments.

Steve Cook created this thing called Lifeonaire (pronounced like millionaire), it basically deals with all of these same ideas and with finding your purpose - a purpose that's beyond just making money. You should check it out!

"Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan 'Press On' has solved and always will solve the problems of the human race."

- Calvin Coolidge
 
 
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