I need $2000 a month.
I took a hard look at things I absolutely need in order to survive with minimal stress. The majority of my needs revolve around health insurance and medication costs. So comparing all my options, I need about $650 for the best tier of Obamacare insurance. I added $300 - $400 for copays and other medical device and supplements related costs. The other $1000 is for living expenses like food, gas, co-working space and entertainment combined.
I have been looking at my expenses for a while - particularly since COVID where job security became an issue. The main reason I decided to do this in details now is to determine my goals for passive income if I didn't have a steady job. That is the first step in minimizing my stress and taking the next step to identify how I want to live the rest of my life. The one certainty I got from all the debacle of the last 15 months is that the rest of my life will be different. Less stress. More focused on health. More meaningful. More legacy focused.
The last few days I went to WeWork, I had a chance to get my thoughts and goals organized. I was able to iron out what my short term and long term goals were. And I have also decided to try to build a product that can cover my monthly costs. I have failed at many ventures in the last 5 years. And those failures have helped me accrue a bunch of skills that I can put towards this new product.
Goal - $2000 in profit each month.
I took a hard look at things I absolutely need in order to survive with minimal stress. The majority of my needs revolve around health insurance and medication costs. So comparing all my options, I need about $650 for the best tier of Obamacare insurance. I added $300 - $400 for copays and other medical device and supplements related costs. The other $1000 is for living expenses like food, gas, co-working space and entertainment combined.
I have been looking at my expenses for a while - particularly since COVID where job security became an issue. The main reason I decided to do this in details now is to determine my goals for passive income if I didn't have a steady job. That is the first step in minimizing my stress and taking the next step to identify how I want to live the rest of my life. The one certainty I got from all the debacle of the last 15 months is that the rest of my life will be different. Less stress. More focused on health. More meaningful. More legacy focused.
The last few days I went to WeWork, I had a chance to get my thoughts and goals organized. I was able to iron out what my short term and long term goals were. And I have also decided to try to build a product that can cover my monthly costs. I have failed at many ventures in the last 5 years. And those failures have helped me accrue a bunch of skills that I can put towards this new product.
Goal - $2000 in profit each month.
Is there any chance you'll be sharing these new Thoughts and Goals you've organized at
Yes Sir Abe - I need $2000 in pure profit after taxes.
I do intend to share my thoughts and progress but not just yet. I need to go a few steps forward before sharing.