I turn 50 on Wednesday and instead of moping, I have decided to set myself some goals.
1. Running - To go from Couch Potato Esq. to running for 30 mins daily within 30 days. This will start in the morning at 6:00 am - 6:30am every morning for the next 30 days. I intend to walk 29 mins and run 1 min on day one, walk 28 mins and run 2 mins on day 2 and so on and so forth till I run the full 30 mins on day 30.
2. Write an eBook on Debt Reduction - The consumer debt reduction journey has been my most significant personal journey over the last few years and I want to write about it and share it, not as a financial book, but as a normal bloke talking openly about it. I will be devoting 30 minutes each evening to writing this until it is done....and then I'll have to figure out how to get it onto Amazon etc. This goal starts tomorrow evening and will continue daily till it is done. You all will be the first to know when it is done.
3. Resume losing weight - I have done so well and have now stalled, so need to keep going. I will resume my frugal weight-loss regime that was working very well and keep updates happening. Luckily I have only put on a very small amount which will be simple enough to shift and continue losing. I need to get to 80kg (176.5 pounds) in 40 weeks.
4. Become Financially Independent - it sounds like a bit of a hype buzz-word, but I can now see that there is a large, quiet and sensible community of folks worldwide taking this very seriously. I will be 67 in 17 years and need to ensure that my income streams will be well in place before then. I simply will not be able to do the work I am currently doing into my 70's, nor can I wait till then to create new streams of income, so I need to start now. Total retirement is not a very big motivator for me, so I will need to create income streams that will keep me engaged well into old age. Step 4a is to devote 30 minutes each day to educating myself on multiple income streams and how to create them and keep them healthy. Step 4b will be to track my savings to ensure a nest-egg of sufficient size is invested by the age of 67 to cover all living expenses and be maintained to leave a legacy for my daughters when I eventually choof off.
5. I intend to live till I am 110. I just decided this recently. I believe with a combination of emerging medical technology and research, a commitment to excellent eating habits, a commitment to physical exercise, a commitment to loving relationships, an excellent GP, an interesting and brain-stimulating way to create income, a non-focus on retirement (in the classical sense) and an increased interest and commitment to contributing to my community/country/world should do the trick. I have just decided to live (really live...not nursing home live) till 110 - so there! I have wasted 40 of the last 50 years in so many ways and thus I intend to have those 40 years back - I intend to have my time over again which means I'll have to live till I'm 110 and that's that. I'm determined to do it, and if I don't, then I'll die trying ;-)
Have a great week ahead folks
Take care and stay nice.
Mr HM (Phil)