Your 9 to 5 is a Secret Jail Cell
Growing up we’re told that we have to follow a predetermined path. Go to school, get good grades, get your degree, get a job, move up the ladder, get married, get a pet, buy a house, have kids. These are the so called staples of “The American Dream”. Almost all of us will spend 5 days a week, 8-10 hours a day for 50 years trying to get through each day. This is the mainstream lifestyle and it's perfectly fine. However, to me, this is not living. I followed the aforementioned path because that’s all I knew. I went to business school and got my Bachelors in Business Management, I went to night school while working full-time and got my MBA in finance, and I worked for the same company for 10 years. I realized that I was wasting my life away waiting for 2 days off on the weekend. I’d wake up at 7am, work until 5 or 6pm, enjoy a couple hours of leisure time before bed and repeat this every day. I didn’t want to wait for the weekends anymore and saw an opportunity to allow me to live my best life every day. I created a plan and saved up a few years of living expenses so I could take a shot at that dream.
We have imprinted in our minds that we need to buy a house because it is an asset. The majority of society can’t afford to buy a house outright. That doesn’t stop them though. There’s something called a mortgage, and over time you're going to build some equity in the form of partial ownership of that house. It’s a ruse! You don't own that house, the bank does. Hey, sign this paper and you will be indebted to XYZ bank for the next THIRTY YEARS, and you know what else? That $250,000 house you just bought ends up costing you $500,000 after interest. People are banking on their homes to appreciate over time, but that’s not guaranteed either. This isn’t the early 2000’s. For some people, buying a house makes sense, but for others it may be better to rent and invest their excess income (assuming there is any). I went off on a tangent there but, these are just my own personal attitudes and don’t discredit anyone who’s worked hard at their jobs to get to where they are.
From a very young age, I’ve had an entrepreneurial mindset. In middle school, I ran a business selling Coca-Cola and candy out of my locker. The soda for example, I would sell at a markup of 400% (back then you could buy a 2-liter bottle of soda on sale for 50 cents USD. I did this for a good portion of the school year, until I was disciplined by administration, and told to shut down. Where am I going with this? This is my first ever blog post and it’s a prelude to how I got into poker, realized I was a winning player and saw it as my path to break away from the corporate jail cell and work on my own terms. I’ll continue my story in the next blog.
Cartoon Credit: ButterSafe