One of the first things you learn from motivational speakers and "Howto gurus" is the importance of setting goals.
Over a year ago I was working full time for The Man, working 60 hour weeks, not including the 2 hours in traffic each day. I worked, ate, and slept. There was no time for anything else.
Thankfully I read the book Rich Dad Poor Dad by Robert Kiyosaki and with some help from my best friend I managed to change my perspective on finances and started to understand why it is a bad idea to work for money. I set my goal to quit the Rat Race by my 32nd Birthday, so I could spend more time with my family and friends.
To keep track of this goal I added a Countdown Timer to my Mac's Dashboard so that every time I checked the weather I would be reminded of my goal. I discussed before that I was successful at reaching this goal and it is so commonplace now that I forget that old life even existed — I am so thankful I no longer need to work for money.
I get a kick out of seeing that old goal, however, so I keep it on my Dashboard of my old laptop. Here it is:
Notice the Quitting the Rat Race is now in the past :)
The original plan was to quit my day job and live on savings while I built the wealth ratio. That is why the second goal is a 0.8 wealth ratio by the fal of 2007. Well I'm happy to say that goal has already been achieved as well! In fact, my Wealth Ratio is closer to 3.0 if I include proceeds from the business.
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