How to rise above?

A few months ago I would wake up with thoughts spooking my mind.

“Will I find my new home”?

“How high will the mortgage be?”.

“What can we afford?”.

“How can I get extra money on the side”?

You see, I started being money-minded in a period I deem “late”.

I am thirty years of age.

Me and my girlfriend are now living together in a house we bought December 2019.

In before, we rented an apartment and were “fine”.

Wanting to move on and start “life”, owning on our own.

A family to build (I admit I would love to have kids).

It demands independence and setting a stage.

When you rent, you basically own nothing and are dependent on the whims of the proprietor.

I had the luck he was a good and correct man.

And he hadn’t much to complain about when it concerns me (rental fees payed on time, no

complaints during my 6 years of renting, everything kept in order,…).

The thing is, if some of my neighbours fucked up, I could have lost everything.

If the proprietor fucked-up we could be in a dire situation and be made homeless (like him being

arrested and all his “assets” put up for sale or closed down.

Renting is good in the sense it permits people to grow BEFORE owning their own.

But you are still bound to others and not truly independent.

I got money-minded because the situation asked for it.

I have my “reserves” like any other person you may encounter.

But not as big to be comfortable.

I knew I had to do something.

I must be able to provide.

I could have postponed buying our place together.

But the clock is ticking.

In the current economic times, a mortgage, at average, is payed off within 25 to 30 years.

I am thirty, which implies I only officially “OWN” my house when I am 55 to 60 years of age.

Considering the current housing market, this time increases on a yearly basis.

So I acted and went in… and became precarious when considering my financial situation.

I have a well-paying job.

I can put aside some money on a monthly basis and live comfortably.

That is… when I was still renting.

Being a home-owner is much more costly.

So my balance got a bit fucked up.

The time to act and start earning bigger was nigh.

So I get to work.

Trying to find methods to increase my income.

I attended different free seminars for making money.

Learned more about finances.

To develop financial skills and tricks to get ahead.

It is like Andrew Tate says so many times:

“If you were in a group of 100 ice cream experts, and ALL you guys spoke about was making ice-cream, you’d learn ALOT about how to make ice-cream.”

So I immersed myself with people being financial savvy.

I associate with many who are part of the “money-sphere” for this reason.

Immersion in order to learn a lot.

I learned about assets and liabilities.

Learned to distinguish between them.

Simple steadfast definitions as explained in my book “Draining The Swamp”

It helped me to cut expenses and increase my assets.

Assets

The magic word has fallen.

“Things that put money back in your pocket”.

Anything can be an asset.

Back in the day I, like many, thought of assets as:

– Your home

– Stocks

– Bonds

– ETF’s

Now?

I know some of these aren’t assets but liabilities.

Some of these are an asset if an additional skill is learned (trading).

My mindset changed.

Had to see and learn how money flows.

And more importantly…. How can I divert a part of this “flow” into my pocket.

Money is everywhere.

Millions of transactions on a daily basis.

Money changing hands every second of the day.

An asset is doing just that.

Diverting a flow straight into my pocket.

But most importantly, you need to protect what gets inside your pocket.

Precious metals are good protectors of wealth.

So I have part of my wealth stored in solid gold bars.

It is my best asset.

I invest in it on a monthly basis.

And at this moment have a return of about 10% since my initial investment.

What else is in my portfolio?

BITCOIN!!!

Like gold, I have seen good increases on this one.

Over the span of 9 months I saw it being DOUBLED in value.

And there is a continued increase going on.

I love bitcoin and Cryptocurrency for this reason.

Not only does it permit me to increase and have money flowing in passively.

It also permits me being “outside” the heavily regulated and greedy hands of authority and central

banking.

It also is key to new and aspiring technology being developed.

A better indicator of economic health than traditional “wall street” (if you know where to look).

A better protector of wealth.

Both of these assets (gold and Bitcoin) are helping me to enable a better future.

Both are protecting my wealth.

Both are helping me rise above the precarious situation I am stuck in.

I also have an asset in peer-2-peer loans.

Which I will explain in a later post.

To learn more about the aforementioned two assets I suggest checking out this post.

And checking out this entry.

To learn (a lot) more about my Cryptocurrency asset I suggest buying my 2-book course

“The Ultimate Guide to Cryptocurrency”.

Take care

Dimitri