Comments for My Money Design http://www.mymoneydesign.com Designing Financial Freedom Wed, 30 Jul 2014 17:46:04 +0000 hourly 1 http://wordpress.org/?v=3.9.1 Comment on Even Though I Want Financial Freedom, I’ve Still Got a Long Ways to Go by Kay @ Green Money Streamhttp://www.mymoneydesign.com/lifestyle/philosophy-motivation/i-want-financial-freedom/#comment-31423 Wed, 30 Jul 2014 17:46:04 +0000 http://www.mymoneydesign.com/?p=6414#comment-31423 I’m right there with you in having a long way to go. But having a goal in mind is very helpful in making me progress towards that goal. Point well taken that focusing too much on early retirement could be harmful in a current job. There needs to be a good balance between planning for tomorrow and living well in the present. I work at finding that balance in my own life.

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Comment on Want to Know How to Sell Things Online Fast?  Just Ask My Wife to Put It on Facebook! by Mikehttp://www.mymoneydesign.com/lifestyle/popular-trends/how-to-sell-things-online-fast/#comment-31290 Tue, 29 Jul 2014 13:13:38 +0000 http://www.mymoneydesign.com/?p=6408#comment-31290 My wife has sold a number of things on Facebook through a local neighborhood page. It’s full of local people and when we had a yard sale we posted some of the bigger items on Facebook too, a couple things sold for more than we were asking at the yard sale!

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Comment on Even Though I Want Financial Freedom, I’ve Still Got a Long Ways to Go by Holly@ClubThriftyhttp://www.mymoneydesign.com/lifestyle/philosophy-motivation/i-want-financial-freedom/#comment-31281 Tue, 29 Jul 2014 11:50:39 +0000 http://www.mymoneydesign.com/?p=6414#comment-31281 We’re nowhere near financial independence either. I actually think it will be a while for us since our kids are so young. I want to get them through college first.

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Comment on Even Though I Want Financial Freedom, I’ve Still Got a Long Ways to Go by Brian @ Luke1428http://www.mymoneydesign.com/lifestyle/philosophy-motivation/i-want-financial-freedom/#comment-31249 Tue, 29 Jul 2014 01:59:07 +0000 http://www.mymoneydesign.com/?p=6414#comment-31249 Even though I’ve personally quit my job to be a stay at home dad/writer, I don’t consider myself (our family) retired. My wife still works full-time and we would not feel comfortable enough with our assets for her to quit doing that. The complication with the early retirement and the issue of financial freedom is the unknown future, specifically how long will we live and what will our health be like during that time. You could live to 100 (like my grandfather) or come down with a disease that literally wipes out your savings. It’s such a difficult thing to plan for and say with surety, “I’ve arrived.”

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Comment on Even Though I Want Financial Freedom, I’ve Still Got a Long Ways to Go by MMDhttp://www.mymoneydesign.com/lifestyle/philosophy-motivation/i-want-financial-freedom/#comment-31246 Tue, 29 Jul 2014 01:09:44 +0000 http://www.mymoneydesign.com/?p=6414#comment-31246 That right there is the key! You’ve got a plan and you’re slowly chipping away at it.

I’m doing the same thing with my dividend stock fund. If I can keep adding a few +$10K to it every year, eventually I’ll have such a large amount of monthly dividend payments that I’ll be set for life.

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Comment on Even Though I Want Financial Freedom, I’ve Still Got a Long Ways to Go by MMDhttp://www.mymoneydesign.com/lifestyle/philosophy-motivation/i-want-financial-freedom/#comment-31244 Tue, 29 Jul 2014 01:07:45 +0000 http://www.mymoneydesign.com/?p=6414#comment-31244 LOL. I hear you. You’ve just got to keep pushing forward those niche site projects!

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Comment on Even Though I Want Financial Freedom, I’ve Still Got a Long Ways to Go by MMDhttp://www.mymoneydesign.com/lifestyle/philosophy-motivation/i-want-financial-freedom/#comment-31243 Tue, 29 Jul 2014 01:06:07 +0000 http://www.mymoneydesign.com/?p=6414#comment-31243 I can understand being afraid to know. During the Great Recession I wouldn’t check my mutual fund balance because it was just sad how far down it had gone ….

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Comment on Even Though I Want Financial Freedom, I’ve Still Got a Long Ways to Go by MMDhttp://www.mymoneydesign.com/lifestyle/philosophy-motivation/i-want-financial-freedom/#comment-31241 Tue, 29 Jul 2014 01:03:01 +0000 http://www.mymoneydesign.com/?p=6414#comment-31241 Thanks J. The concept of early retirement, as precious as it is, can really warp your mind if you don’t do little reality checks on yourself every now again. I can’t tell you how many times I’ve had to tell myself I’m NOT a millionaire yet and no where close to being ready to supporting myself if I were to lose my job. It stinks to come back down to Earth, but it also puts the fire under you to just keep working away at it.

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