Actor Johnny Depp’s lavish lifestyle landed him in court in 2017, when he tried to sue his former managers for blowing tens of millions of dollars. They countersued, claiming that, despite repeated warnings, Depp simply could not afford his extravagant lifestyle, which included paying more than $3 million to shoot Hunter S. Thompson’s ashes from a specially-made cannon. His expensive divorce didn’t help, either.
Don’t be like Johnny Depp. More importantly – don’t be like Amber Heard.
Many people trying to build wealth believe the secret lies in increasing their income. Make that one big sale. Wait for the next promotion. Have a lucky night at the casino.
Nothing could be further from the truth. People generally have very little control over their income. Even salespeople are at the mercy of their customers, the economy, company downsizing, and their own health.
We’ve all heard about people who have won the lottery, or received an inheritance, and blown it all. This kind of financial disaster isn’t limited to us normal people.
“What do you think the government does with your (tax) money? Spends it on a woman? Gets drunk? Or plays the ponies? That’s what you might do with the money, or if you have to get personal, what I do,” said Groucho Marx.
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Stop living from salary to salary. Achieve Financial Independence. Retire Early. Join the FIRE movement igniting the world.
Follow these weekly posts for solid advice on how to escape the rat race, covering material contained in Hard Money.
This is no get-rich-quick scheme. It won’t be easy. That’s why it’s called Hard Money.
Work while they sleep. Learn while they party. Save while they spend. Then live like they dream.
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