Happy Thanksgiving everyone!
It's a time to be thankful for all the
blessings you have, such as family, friends, and health; or in relation to this
blog, overall financial well being. I’m
most thankful for my wonderful and supportive family, as I’m truly blessed in
that department, with a beautiful wife and healthy kids. However, this Thanksgiving is especially
important to us, as we began our journey to financial wealth a few short months
ago, so this is the first Thanksgiving we can be thankful for that most
important decision. My wife and I sat
down and discussed our financial matters several months ago, and came to the realization
that we need to dedicate more of our resources to our financial health. We go to the gym to ensure our bodies are in
top shape for overall well being, but had neglected our financial health and
spent freely for years. We were simply
not paying ourselves first! Luckily, we
both have great careers, but student debt and other bad financial decisions
over the years left us starting from scratch in individual investing. I’m fortunate enough to have a career that
affords me with a pension, but we do not want to rely on pensions to support
our family after retirement. In addition,
we both plan on retiring our full time careers at 50, so it was time to get to
work building our wealth. We now have a
strategic plan to invest mainly in quality dividend paying companies, along
with our rental property(ies) and 401k’s, to build a solid financial
platform. In addition, we are exploring
other ways to earn passive income, as we will diversify our income sources.
While this Thanksgiving marks an important
milestone to be thankful for, it is simply the start to a very long journey. I look
forward to looking back on this particular Thanksgiving some five, ten, fifteen
years from now and see our progress. In
any case, I wish everyone a Happy Thanksgiving and I’m thankful for our blogging
community as we continue to share suggestions and support to each other.
Have a great holiday weekend!
Special Agent Dividend
Happy thanksgiving! :)
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