Saturday, August 15, 2009

The penny dropped...



I find myself again, inspired to write yet another blog about my own circumstances. If you followed my first, and only other attempt at keeping a blog (bbfk.blogspot.com), you will have noticed that in the beginning it had a tremendous effect on my life, and from the comments, it seems to have had an impact on the lives of others as well, however few they may have been.

It failed though... I kept it going for a couple of months, saw results that even made a big impact on me, but for some reason I just couldn't keep my inspiration, and drive... and lost sight of my goals. I don't know why I stopped, but I do know that it wasn't a good enough effort, and I hope to reflect that with this blog.

I see what you're thinking! What's the scoop? Well, as the people in my close circle already know, I've led a life full of employment. From the age of 14, I had started working, and by 17, I had a full-time job. I loved working, but even more, I loved a paycheck. It was, after all a paycheck that showed me my progress in any given month, it was my paycheck that graded my month's performance. Even today I still love seeing what comes after the pound sign on my payslip, it's like opening a Christmas present, only I know what's in it everytime I open it... or do I?

I ask this because even though there's a £xxxx.xx on paper, I like many other people in this world somehow seem to lose sight of what those 'x's mean, and what they're worth.

My goal with this blog is to offer some hints and tips to others that are or aren't working for me. In addition to that, I want to see my progress, and measure it as accurately as I can, which means having it all in one place.

So, enough about what's in it for me, let's talk about what has brought me here!

Last week I decided I was going to start paying more attention to my money, with a view to refining my spending habits, and possibly gather some more knowledge about being an entrepreneur.

I decided to do what I do best, and spend some more money. I bought a few books, one of which was a book aptly titled 'A Million Bucks by 30' by a gentleman named Alan Corey (http://www.alancorey.com/). I read the book in two evenings, and hung off every word as if it was more interesting than the last. I strongly recommend this book to anyone, not only those with financial disabilities.

The book was the first step to making the changes I need to in order to acheive the goals I have laid out for myself. Like Alan, I've had aspirations of having a net worth of $/£1m by the time I reach 30. Like Alan, I am 23 years old, and have moved to an expensive city in search of 'something else'. Like Alan, I am in IT, and work full-time fixing computers. In fact, so much of what Alan talks about in his book echoes my experience, and my situation that it made every word all the more valuable. What Alan accomplished in six years, I hope to do in roughly the same period of time. It will no doubt take an unbridled effort on my part, and the support of others, but I know that support is there, and I look forward to sharing my success with you, as Alan has with me.

In only the last week, I have made strict financial decisions that will not only impact my wallet, but my way of thinking, and most importantly my way of spending.

In the next post, I will talk more about the specific things that I have done in the last week to improve my situation, and hopefully this means helping you improve yours.

So on I go... from -£3638.42 to £1,000,000 in six years. At the very least for those of you who are laughing at this point, it could be fun to watch me fail. Stay tuned.