The Dreams Young People Have
Blogged By: Low Hang Wei @ November 8th, 2007 - 5:22 pmI have seen many people with dreams of retiring early and yes… that includes myself. However, when asked about our plans to reach those goals, we are often speechless or vague about details at best. I often wonder that without the proper planning, can we reach these goals or are they just fairytales that exists only when we are dreaming. Even for myself, I do not have the discipline to follow through my plans even though I know that following a plan gives me the highest probability of success. Often, I either get distracted by people around me or get emotional over some other people’s problems. In simple words, when I’m around people, I forget my goals and the action plan to reach it.
This post is not about me though, it’s about the millions of other youngsters (actually, I shouldn’t say youngsters, makes me sound old). Some of them are already working at very young ages just to support themselves. Unfortunately for them, they do not have the chance to pursue further education, therefore they have to work very hard just for that few dollars an hour. In terms of motivation and drive, they are definitely not lacking if you look at the number of hours that they commit to working. What’s more, some of them study part time as well or have a second job.
Despite their life being caught in this trap of survival, some of them do have goals to become rich by a certain age. However, I personally feel that their dreams may not be realized because there is no feasible plan in place. Judging by the way they lead their lives, it is very difficult to break through the rat race, because they do not have the spare time to pursue an alternative source of income. Also, their promotional opportunities in their jobs aren’t great as well.
Hopping from job to job, the pay still remains roughly at the same range, yet these people are still holding onto their dreams. I often think of what I will do if I’m in their shoes. What would I do to get out of the low income jobs and still manage to survive? If I threw away everything I have today, what can I do to accumulate my first $10k in the shortest possible time?
Most of these people cannot spend more than 2 hours a day and have less than $1k in savings. With this in mind, I’m posting a question to my visitors. If you have just 2 hours a day and $500 in savings, what will you do to accumulate $10k in the shortest possible time?
This is a tough question, but I really hope that everyone can try to think through it and provide an answer to the best of their capability.
Blogged Under: My Personal Life, Random Thoughts
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November 8th, 2007 at 6:38 pm
I found your website when I searched for people who invested in Sunshine Empire. My sources tell me the arm of the law is closing in on them.
:::many people with dreams of retiring early :::
What is this “retire early” thingy with you young people? Its like you guys are allergic to work.
Somehow using a no brainer 2 liner strategy, I managed to have enough funds to retire early…very early.
What I did is study hard, work hard to get promoted, lead a thrifty lifestyle and have excess funds to invest. I invested in growth stocks whenever stock markets selldown and here I am. There is no rocket science, no search engine optimisation, just a 20-30 minutes of weekend reading.
Learn to like your work or get work you like, when you do it becomes a hobby…you’re retired to do a hobby everyday you report for work!!! I go to work because I like to.
November 9th, 2007 at 9:51 pm
We all face some setbacks at the beginning but if we hold through our faith, i believe that being a millionaire will not just be a dream for you and every other person out there.
November 10th, 2007 at 5:30 am
$500 + 2hrs a day…mm… guess i invest + continue to work hard to save more so got more to invest then can earn more.
or
write a program that i think is good idea..can sell…one.
November 10th, 2007 at 1:55 pm
I have seen a few bloggers that responded to this post on their blogs, so this got some people thinking. Maybe if you are one of those bloggers, you would like to post a comment linking to your blog, so the information gets shared around.
I will also be blogging about what I will do if I were in that same scenario in the next few days. Until then, I’m still looking out for more ideas.
November 12th, 2007 at 12:12 am
I developed an Education appraisal expert system which can help students excel in their studies? This is my tool to help myself and others achieve success.
November 27th, 2007 at 7:26 pm
can let me know how to invest in sunshine empire
December 10th, 2007 at 3:03 pm
MLMs always boast about retiring early, 5 figure income, etc. The odds and chances of these happening are about the same as striking lottery.
It’s better to get a decent job with at least a basic pay.
January 5th, 2008 at 4:55 pm
You wrote ” have seen many people with dreams of retiring early and yes… that includes myself. However, when asked about our plans to reach those goals, we are often speechless or vague about details at best. I often wonder that without the proper planning, can we reach these goals or are they just fairytales that exists only when we are dreaming. Even for myself, I do not have the discipline to follow through my plans even though I know that following a plan gives me the highest probability of success. Often, I either get distracted by people around me or get emotional over some other people’s problems. In simple words, when I’m around people, I forget my goals and the action plan to reach it.”
Don’t blame the people around you for your failures. You are just like the many punks I,ve come across during interviews. Full of sound and fury(so called passion) signifying nothing.
Those who acheive much tends to speak softly while those who just started their journey talks like they have already acheived it.
“my first million at 26, 32, 45…” what is new?
Millionaires don’t start off with a figure. They start off fine tuning what they like to do for the rest of their life. It is easier learning to like what you do rather than continuously switching jobs looking for that “dream job” that might be also a “hobby”
You will never acheive your first million. Not based on your naivete.
But Of course you might make a million writing books teaching those less intelligent how to make a million or two. There are fools born every minute. Those investing in SE are great candidates so are those in MLM schemes.
I’m sure there are enough preys out there for you. Good Luck.