Insert New Life Goals
Now that I define success differently than 99% of American society, I plan to do the following:
- Stop Linking Salary With Success
- Do What Makes me Happy
- Help Others
- Become Financially Independent
I look forward to the journey.
Update: I’ve paid off nearly $90,000 of debt since writing this post.
Update 2017: I’ve now hit a $200k Net Worth.
How do you define success?
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Joe Mihalic says
Great post. You got the wake-up early in life. Happy New Year!
Thank you! Your blog was a huge inspiration to me. Already crushed 20k of student loan debt 🙂
Stefanie O'Connell says
I’m all about earning more, but you’re right, it’s not necessarily big spending that best indicates success.
Yup! High Income & Low Spending = Really Awesome
Latoya @ Life and a Budget says
First if all, congrats on paying off that much debt! That’s amazing! Second, I so love the visual comparisons you made about the two families. I think it’s important to drive this point home to help others understand that debt does not equate to success.
Thank you! The comparison was inspired by Joe @ No More Harvard Debt.
Brandon Abernathy says
Did you get rid of the big house?
Buyer’s financing fell through so it’s for rent now! Trying!
I could not disagree more with the title of this post. Six figures does absolutely mean something, as long as you don’t make poor financial decisions. You chose to buy all that crap, the worst decision being to buy that expensive house. I am 29, make six figures, and live comfortably. The reason why is because I was able to increase my income while keeping my expenses down. It’s really that simple. Of course, everyone’s life situation is different and normally expenses go up the older you get. My point is that Six figures does mean something as long as you are fiscally responsible. The title of this should be more along the lines of “dumb decisions I made once I started making six figures”.
Excellent post! I am a firm believer in the fact that a person is not their income. I am definitely considered a high earner on paper however, I know people that make a lot less than me who have always managed their money better (to your example of the two families). It’s an important message to share!
Ms ZiYou says
Another +1 for stealth wealth here.
I agree finding what makes you happy (hint it’s not money) and helping others are much more important than material possessions.