Drawing upon the inspirations from multiple personal finance blogs, I have decided to start my own. I am an avid reader of great personal finance blogs and financial independence advocates such as Mr. Money Mustache, No More Harvard Debt, and Early Retirement Extreme, to name a few. I know I'm not alone in creating personal spin-offs of these such blogs, as there are others like Toward Mustachianism and Death to the Mortgage. So, I'm going to jump on the bandwagon and try to become the 1% that every other damn American is being a complainypants about.
Why "Grow Money Fast"?
Well, I chose this name because it was a throw-away domain based upon some affiliate Internet marketing I was experimenting earlier this year. Since I already had it, and it was using a stupid gimmicky website that tries to get Tweets with a "pay per tweet" method I was experimenting with, I figured I might as well hose the site, install WordPress, and finally do something that has some real value to it, instead of trying to be like the other 4757392 spam-bloggers out there. I learned a ton about Internet Marketing in general over the years and have finally realized that it is not for me. I must disclose however, that I may try to monetize this blog if it takes off, but right now, my goal is to just talk about what's on my mind in the important matters of money. There are more important things than just money anyway, right?
Besides the fact I chose such a scammy-sounding domain name, it's still true to the purpose of this blog. The purpose of this blog is to advocate towards financial independence. And in order to do that, one must learn how to pay down debt as quickly as possible, cut down expenses to live below their means, and finally, grow money fast to the point where one can live a financially independent lifestyle where their money works for them, and thus creates true wealth -- all by the time death rings the doorbell, preferably. In my own case, I have completed most of baby step one and two, which is to establish an emergency fund, and to pay down debt until it is paid off in full. I get the "baby steps" from Dave Ramsey, author of the best-selling Total Money Makeover book, which I have read from front to back over and over again earlier this year, and which I give full credit for sparking my own financial revolution against over-consumption and debt. This has caused me to change my thinking on a wide variety of things related to finance and money. Gone are the days of excessively spending every last dollar I earned on electronics, entertainment, clothing, food, eating out (though I definitely still need to work on this area). Also gone are the days of using my credit cards so blindly under the assumption that one must "build up credit" (yes, plural as I have several credit cards like most Americans do). I absolutely love Dave's philosophy on FICO scores. A FICO score of zero is better than any FICO score. FICO scores mean that you LOVE debt. I know I don't!
So in a nutshell, I will write about my journeys through becoming debt-free, financially independent, and growing money on trees, figuratively speaking. It is also to hopefully inspire other people to do the same, and break out of the mold of being the "typical American consumer" that is hypnotized by corporate greed as new products are constantly pushed to market in order to suck away all of the income of so many of us work hard for in the rat race of the economy, which by the way, was totally screwed up by the very corporations themselves. What's wrong with this picture?
I look forward to writing as often as I can, preferably every day, and getting feedback from others who are interested in joining me on my journey to growing money fast.