Life’s cultural script is straightforward, right?
- learn to be nice to others
- apply yourself in school
- go to university, college or some sort of technical training
- get a job
- find a partner
- get married
- work hard in your career
- save money
- buy a house
- have kids
- work until you’re 65+
Depending on what country you grow up in, the demographic you are in and who your parents are, this script may look different to you, but I’d wager regardless of where you were raised, there’s some sort of prescribed script that has been passed down to you.
And while it’s not uncommon for people to deviate from this script – by choosing not having kids, retiring at 55, or building a business instead of a career, traditionally most people followed most of their life’s script.
But with the rise of the digital nomads, widespread entrepreneurship, remote work and financial independence, more and more are going to discover the unique challenges associated with their newfound freedom.
Continue reading “No Script”
What would you do if money was not a concern? Travel the world? Start making music? Enrol in a painting class? Devote all of your energy to the side project you’ve been passionate about for the last 4 years?
If your bills were covered, would you go to work next Monday? Most people I know wouldn’t. But few of us have this option – don’t rock up on Monday and we’re told not to bother coming in on Tuesday. With rent to pay, bills outstanding and for some, a family to feed – losing that job seems disastrous.
If you haven’t already heard, the end of jobs is nigh. The world is now rewarding individuals willing to take a punt at starting a business and as painful as it is, punishing those that aren’t ready to adapt.
It’s claimed that 69% of Americans have less than $1000 in savings. We hear similar stats coming out of Australia, UK, Europe and elsewhere. Psychologically, would you be confident quitting your job and starting a business with less than a grand in the bank? I know I wouldn’t.
Continue reading “Why You Need a Freedom Fund”