hide

Read Next

How to Make Money While Traveling

I've delayed writing this article for a while now because I'm not an authority on the subject. I don't make millions of dollars, and neither does Todd (that I know of).

However, something I realized is that it doesn't TAKE millions of dollars to make enough money to leave. Panama could easily be lived in for $1000 a month, and that's a sum that ANYONE could make.

So, instead of focusing on making huge sums of money, I'll focus on the first step : how to get out of the rat race and become location-independent.

Mark This Down and Watch Me

On SEBASTIAN MARSHALL

Edit: I gave up on financial goals in late 2011 after some huge financial and artistic wins... money shouldn't be taken too seriously. For the record, they were all basically on track, some were being massively exceeded, others were a bit behind schedule, but were all happening.

I set my next 10 years of financial goals on June 28th. That was exactly a month ago.

1 year - Critical Thinking [my first book] out. Blog income trickling. Some info products. Some freelancing. Something else, some X-Factor thing bringing in cash. Net monthly income positive. Health insurance. $50,000 in the bank. Expenses = income per month minimum.

3 years - 3 to 5 books out, many products out, blog income robust, some working on big exciting deals. $10,000 per month total, $5000 passive at least. First property owned. $300,000 in the bank.

5 years - 7-10 books out, many many products out, many passive income internet properties, working on big exciting things, $50,000 per month total, $40,000 passive at least. $1,000,000 in the bank.

Rendering New Theme...