- Reader Case: A Waiter’s Story of Financial Independence - October 22, 2021
- Let’s Go Exploring! Atlantic Provinces Part 2: Cape Breton Island - October 19, 2021
- The Tang Ping Movement: Asia’s First Steps Towards Financial Independence - October 4, 2021
It’s New Year’s Eve! Now, I know some of you are getting the champagne ready, and we’ll be heading out to a bar tonight, but before getting the party started, we like to reflect on the past year and think about what we want to accomplish in the new year.
If you recall, around this time last year, Wanderer and I were working on a non-fiction book proposal, which eventually sold to Penguin Random House! Our first draft was accepted and Quit like a Millionaire will be published in 2019!
Since this was our 2018 New Year’s resolution, I’m pretty psyched that we’ve been able to accomplish it, but I have to admit I had my doubts (given that we have zero control over what happens in the publishing industry and how hard it is to write a book)
Despite all the self-doubt and fear, as far as New Years resolutions go, I’m happy to report we’ve had a pretty good record so far–we launched a non-profit app in 2016, became public speakers at Chautauqua in 2017, and published a book in 2018. I’m lucky and grateful that I have Wanderer by my side to share the workload and calm me down during my inevitable meltdowns/panic attacks.
If you don’t accomplish your New Years Resolution, don’t freak out. Given that 88% of New Years Resolution fail, your are not alone. Failing doesn’t make you a failure. Sometimes all you need is to surround yourself with supportive people. Or a better strategy. Or just more time.
Whenever we don’t accomplish our resolution, we figure out why (e.g. lack of time, lack of motivation, lack of specific goals, etc.) and add it to the list next year. As long as you don’t give up and continue to improve your skills/strategy each time, your time is never wasted.
Now that 2018 is coming to an end, we’ve decided to take the bold step of making the most challenging, unproven, resolution yet for 2019:
Produce a FIRE-related TV show.
Now unlike writing, we know absolutely nothing about producing TV shows. We will probably fail a lot. Face-planting, freaking out, and desperately wanting to throw in the towel are all on the table. Given that none of this is within our control and we’re completely flying blind in the TV industry, rejection is inevitable.
But that’s okay.
The beauty of FI is that you can strive for your dreams, fail over and over again, and it won’t hurt you. You won’t have to worry about finding a “regular job” if it doesn’t work out. You won’t have to figure out how to survive on cat food when all you have are 200 rejections. You won’t have to worry about how many other talented smart people you have to push past trying to get through the door. You are invincible.
Our confidence and pride will be bruised, but since we’ve developed teflon skin from writing, we’ll just pick ourselves up, dust ourselves off, and try again.
And when that happens, we’ll post updates on this site so you can watch us twist in the wind for your amusement.
Interesting enough, while we were working on the TV show pitch, we got a request from a director wanting to film us for a documentary. He’s even willing to fly from L.A all the way to Europe over the holidays (man, people in the film industry are workaholics)! This is super exciting because we’ll be able to get a glimpse at exact what happens during a film shoot.
Since this is happening for most of the week, we’ll be on hiatus until Jan 7, when we’ll give you a year-end report on how our finances did in 2018.
Until then, we’d love to hear what you’d like us to write about in 2018 (if you don’t see your topic in the poll, please tell us in the comments):
Happy New Year and see you next week!
Hi there. Thanks for stopping by. We use affiliate links to keep this site free, so if you believe in what we're trying to do here, consider supporting us by clicking! Thx ;)
Build a Portfolio Like Ours: Check out our FREE Investment Workshop!
Earn a 1.25%* everyday interest rate. No Everyday Banking Fees: Open up an EQ Bank Savings Plus Account! (Canada only, excluding Quebec)
Travel the World: We save $18K a year by using AirBnb. Click here to get $40 off your first booking!
Don't Pay FX fees: We used the Scotiabank Passport Visa Infinite card to eliminate foreign exchange fees around the world! Plus, get 40k points in the first year, and free airport lounge access too! Click here to sign up!
Earn 15% Cash-back: Earn an extra 15% back for a limited time with a Tangerine World Mastercard! Click here to sign up!
*Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.