How to get out of this life of working until death?

Reflected

Living in fear in the year of the tiger.
Joined
Oct 4, 2015
Messages
6,123
Reputation
1,655
Daps
20,846
FIRE?

KEY TAKEAWAYS​

  • Financial Independence, Retire Early (FIRE) is a financial movement defined by frugality and extreme savings and investment.
  • By saving up to 70% of their annual income, FIRE proponents aim to retire early and live off small withdrawals from their accumulated funds.
  • Typically, FIRE followers withdraw 3% to 4% of their savings annually to cover living expenses in retirement.
  • Detailed planning, economic discipline, and wise investment are key components in achieving a FIRE retirement.
  • The FIRE movement was inspired by the 1992 book Your Money or Your Life, written by two financial gurus.







 

Duke Wy Lin

It's been a good run. Wish y'all the best ✊🏿
Joined
May 24, 2022
Messages
3,826
Reputation
1,414
Daps
19,710
Being a successful entrepreneur. Now you just gotta come up with a good product/service and find a market that values it. Now go on out there and be somebody:obama:
 

Elim Garak

Veteran
Joined
Mar 8, 2015
Messages
40,470
Reputation
7,336
Daps
195,949
:mjcry:. I need a solid plan to retire in my mid 40s.

Lol stocks, I am down.
No debt..make good money but corporations can fire u at any time.
Smart-Select-20221103-163048-Chrome.jpg
 

Uitomy

Superstar
Joined
Nov 17, 2016
Messages
12,200
Reputation
1,621
Daps
43,997
Reppin
Anxiety attacks and sugar cookies
In all seriousness though op, trust me when I tell you, you are already ahead of the pack by asking that question.

Many people (the vast majority of the human population living in developed countries), don’t realize how close to disaster they all are.

Some people aren’t blessed with the gift of prudence. Others are but become too lazy to take active steps to avoid their impending fate. And by lazy I don’t necessarily mean bums. I mean those people who have burdened themselves with kids and simply don’t have the time and space to think and ask philosophical questions.

What should you do? Well, How ahead of the pack are you? If you don’t have any kids, you are ahead of the pack. Way ahead.

To escape the grind, effort is needed. And sacrifice. Sacrifice your free time on selling services that are easy or fun for you to provide. The effort you need to see this through will be powered by the intensity of the hatred you harbor for the daily grind. If you hate it as much as it seems, you are good to go.

Someone mentioned a career change.

Meh. That’s shortsighted. A good job can always become a bad one if circumstances change. Hopping from one job to another won’t quiet the storm of discomfort that is raging within your spirit.
This is a great response
 

mannyrs13

Compound Kingpin
Supporter
Joined
May 8, 2012
Messages
40,153
Reputation
15,753
Daps
88,431
Reppin
Focusville, USA
Ok, here's a guide that could help you.

First go to Binance.US and open an account. Get verified and link your bank account. Next go to metamask.io, preferably on a desktop not mobile, and open a wallet. Save the phrase they give you and store it in a safe place. Create a password as well. Guard it with your life. Buy like $500 worth of bnb on binance. Then go to chainlist.org and connect the metamask wallet. It'll give you the option to add a chain and pick the bnb or bsc one, not sure which but it's one of those. Send your bnb from binance to your wallet. Next go to drip.community and trade most but not all of your bnb for drip. You'll prolly get like around 100 drip, not sure what official number could be. Then look for where it says faucet and deposit all your drip in there. It'll ask you to join a team. The team I'm on is ran by @Sbp He can help you out with joining. Then you earn 1% a day on your investment. But there's a 10% tax on buys and sells and 5% on compounds. What you want to do is compound as much as you can. With about 100 drip I don't think you get 1 a day, I know there's some other tax or something I'm forgetting. But if you compound then you'll get more. Max is like 27k with max payout at 100k. It adds up over time.


FZeU4jaWAAAThD2.jpg




Here's the example of how an account can grow. You could always add more but I like just compounding. Depends on everyone's methods. You do have to pay gas fees for any transaction with bnb, not much but still keep some in your wallet for that. Like twenty bucks is fine, I think it's less than a dollar, maybe even a quarter each time. But stay consistent. All you gotta do is hit hydrate or compound each day and build your stack. If you can spend time bullshytting on the coli, then you can take a few minutes each day to compound your stack. The site I use is dripfi.app which I find a bit better plus it has a calculator but both work just fine. Right now I'm making about 17 a day and hopefully by Thanksgiving I'll be at 20. And I'm not even 10% of the 27k max limit. Right now I see it at $4.90 which at 17 is $83. Price does fluctuate but the more you compound the more it adds up in the long run. Making 5 a day at $5 is $25 but making 10 a day at $5 is $50. It's all about compound interest and staying consistent. Plus you working so it's not like you don't have any income coming in to rely on. Then overtime you'll see your wallet grow and you can create a second wallet and build that one up as well. Drip has been around for over a year and a half so it's established.

Another one I like that is similar is furio finance. That one gives me 2.5% daily but still fairly young but they been building and getting consistent. All about putting your money to work for you and both of those can definitely help make your life easier.







 

rabbid

Superstar
Joined
Mar 11, 2022
Messages
6,779
Reputation
1,553
Daps
23,552
Alot of people working a good job or career right now seem to have forgotten completely about covid and put their head in the sand during other global labor cuts.

The only way out of the cycle is to invest in yourself. Skills, knowledge, and the ability to pursue opportunity at a moment's notice. Just keep saving money and investing breh. & Don't make a money move without knowing how to get that money back.
 

Sbp

Superstar
Joined
Jul 14, 2012
Messages
11,396
Reputation
1,993
Daps
54,568
Reppin
New Orleans
Ok, here's a guide that could help you.

First go to Binance.US and open an account. Get verified and link your bank account. Next go to metamask.io, preferably on a desktop not mobile, and open a wallet. Save the phrase they give you and store it in a safe place. Create a password as well. Guard it with your life. Buy like $500 worth of bnb on binance. Then go to chainlist.org and connect the metamask wallet. It'll give you the option to add a chain and pick the bnb or bsc one, not sure which but it's one of those. Send your bnb from binance to your wallet. Next go to drip.community and trade most but not all of your bnb for drip. You'll prolly get like around 100 drip, not sure what official number could be. Then look for where it says faucet and deposit all your drip in there. It'll ask you to join a team. The team I'm on is ran by @Sbp He can help you out with joining. Then you earn 1% a day on your investment. But there's a 10% tax on buys and sells and 5% on compounds. What you want to do is compound as much as you can. With about 100 drip I don't think you get 1 a day, I know there's some other tax or something I'm forgetting. But if you compound then you'll get more. Max is like 27k with max payout at 100k. It adds up over time.


FZeU4jaWAAAThD2.jpg




Here's the example of how an account can grow. You could always add more but I like just compounding. Depends on everyone's methods. You do have to pay gas fees for any transaction with bnb, not much but still keep some in your wallet for that. Like twenty bucks is fine, I think it's less than a dollar, maybe even a quarter each time. But stay consistent. All you gotta do is hit hydrate or compound each day and build your stack. If you can spend time bullshytting on the coli, then you can take a few minutes each day to compound your stack. The site I use is dripfi.app which I find a bit better plus it has a calculator but both work just fine. Right now I'm making about 17 a day and hopefully by Thanksgiving I'll be at 20. And I'm not even 10% of the 27k max limit. Right now I see it at $4.90 which at 17 is $83. Price does fluctuate but the more you compound the more it adds up in the long run. Making 5 a day at $5 is $25 but making 10 a day at $5 is $50. It's all about compound interest and staying consistent. Plus you working so it's not like you don't have any income coming in to rely on. Then overtime you'll see your wallet grow and you can create a second wallet and build that one up as well. Drip has been around for over a year and a half so it's established.

Another one I like that is similar is furio finance. That one gives me 2.5% daily but still fairly young but they been building and getting consistent. All about putting your money to work for you and both of those can definitely help make your life easier.








This
 

ConPHIdential

All Star
Supporter
Joined
Dec 28, 2016
Messages
1,750
Reputation
619
Daps
6,417
Ok, here's a guide that could help you.

First go to Binance.US and open an account. Get verified and link your bank account. Next go to metamask.io, preferably on a desktop not mobile, and open a wallet. Save the phrase they give you and store it in a safe place. Create a password as well. Guard it with your life. Buy like $500 worth of bnb on binance. Then go to chainlist.org and connect the metamask wallet. It'll give you the option to add a chain and pick the bnb or bsc one, not sure which but it's one of those. Send your bnb from binance to your wallet. Next go to drip.community and trade most but not all of your bnb for drip. You'll prolly get like around 100 drip, not sure what official number could be. Then look for where it says faucet and deposit all your drip in there. It'll ask you to join a team. The team I'm on is ran by @Sbp He can help you out with joining. Then you earn 1% a day on your investment. But there's a 10% tax on buys and sells and 5% on compounds. What you want to do is compound as much as you can. With about 100 drip I don't think you get 1 a day, I know there's some other tax or something I'm forgetting. But if you compound then you'll get more. Max is like 27k with max payout at 100k. It adds up over time.


FZeU4jaWAAAThD2.jpg




Here's the example of how an account can grow. You could always add more but I like just compounding. Depends on everyone's methods. You do have to pay gas fees for any transaction with bnb, not much but still keep some in your wallet for that. Like twenty bucks is fine, I think it's less than a dollar, maybe even a quarter each time. But stay consistent. All you gotta do is hit hydrate or compound each day and build your stack. If you can spend time bullshytting on the coli, then you can take a few minutes each day to compound your stack. The site I use is dripfi.app which I find a bit better plus it has a calculator but both work just fine. Right now I'm making about 17 a day and hopefully by Thanksgiving I'll be at 20. And I'm not even 10% of the 27k max limit. Right now I see it at $4.90 which at 17 is $83. Price does fluctuate but the more you compound the more it adds up in the long run. Making 5 a day at $5 is $25 but making 10 a day at $5 is $50. It's all about compound interest and staying consistent. Plus you working so it's not like you don't have any income coming in to rely on. Then overtime you'll see your wallet grow and you can create a second wallet and build that one up as well. Drip has been around for over a year and a half so it's established.

Another one I like that is similar is furio finance. That one gives me 2.5% daily but still fairly young but they been building and getting consistent. All about putting your money to work for you and both of those can definitely help make your life easier.









I haven’t visited the crypto thread in a long time, but it’s good to know you’re still sharing knowledge. :salute:
 

TM101

All Star
Joined
May 1, 2012
Messages
2,758
Reputation
226
Daps
7,229
Reppin
NULL
Get better skills so you can get a higher paying job.
If you don't have at least a bachelors degree, you need to get one ASAP.
 

TRUEST

Superstar
Joined
May 17, 2012
Messages
14,546
Reputation
2,748
Daps
55,280
Reppin
NULL
I mentioned earlier that a good job can become a not so good job. Here’s the latest example of this.


Imagine working there. You got a family to feed. And some nutcase becomes your boss. Starts ordering u around. Handing out deadlines like candy. Man is not supposed to be living this way. Well, some men aren’t.
 
Top