Navigating the Path to Financial Independence: From Pipe Dreams to Tangible Success

In a world of constant change, I've never been one to embrace finalities. Regulating my income has been a persistent challenge, often fueled by grandiose ideas of building wealth. However, armed with determination and education, I believe I can gain genuine control over my financial endeavors, especially in my daring pursuit of financial independence. I recently took a leap, quitting my job to start a small handyman business, Derricks Dependable Repairs, with no established client base. While this venture might not define my financial future, it serves as a temporary means to support myself as I build a career as a thought leader, mental health advocate, public speaker, content creator, and writer. My ultimate goal is to develop systems that help people balance and enhance their lives, but to achieve this, I must first address the instability in my own life.

Breaking down life into four categories — happiness, health, relationships, and wealth — I recognize that my personal balance system identifies wealth as my weakest point and the area I intend to focus on for the next 3 to 5 years.

Always hungry for knowledge, I've turned to platforms like YouTube to learn and grow. My current focus is on developing the wealth aspect of my life by studying successful individuals and applying their strategies to my own journey. Entering the world of entrepreneurship demands specific actions to get a grip on my finances.

1. Track all of my spending over the last 3 months: This step will unveil recurring expenditures, highlighting subscriptions, groceries, insurance, and more. It provides a baseline for comparing spending patterns during employment versus self-employment and sets the stage for a structured approach to financial tracking in the coming year.

2. Find a user-friendly system for dynamic income and expenditure categorization: Identifying a system that is easy to use yet dynamic enough to handle the diverse streams of income and expenses is crucial.

3. Stay committed to continual financial tracking: Overcoming procrastination in tracking wealth is the real challenge. Staying committed ensures that tracking doesn’t become a neglected task.

The tool I've chosen to manage my finances is Notion, a cloud-based productivity and collaboration tool. Notion acts as my digital office, enabling me to schedule tasks, track projects, and maintain an organized life. While it may be a bit challenging to learn initially, the benefits of its functionality make it an indispensable tool for organizing and balancing my life.

Reflecting on my past, I realize I used to rely on others to handle finances. In my previous relationship, this dependency became a burden. I now understand the importance of taking control and learning to manage my income. This newfound system instills confidence in managing multiple income projects, ensuring steady growth in the years to come. Don't burden yourself or others by neglecting the wealth area of your life; once you grasp it, the feeling of empowerment is unparalleled. Take charge, navigate the uncertainties, and pave the way to financial success.

Please feel free suggest tools that help you attain and track wealth in your life. And if you would like to learn more about how I do let me know.