Why I'll Never Work A 9-5 Job | @NomadCapitalist

I will never work a 9-5 job and you may consider doing so too. Here's why. Enjoy! 🔥 Personal Finance & Investing Course (Soon) https://www.michael-curran.com/finance/join🚨 Use Coupon Code🤠MICHAEL🤠🚨🔥These are educational courses; past performance does not guarantee future results.

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Ever heard of what I call the Freedom Trinity? Time freedom, task freedom, and geographic freedom?

Over the years I developed my career skills. Efficiency is being able to get more output with less input. Academics have a lot of free time and so their hourly wage seems high. But preparation for classes, pursuing research and engaging in job-related work can take an enormous amount of time. By being able to get the same amount of work done faster (efficiency) and at higher quality (effectiveness), you can raise your hourly return and free up time. After all, even the richest person in the world can't buy more time - outsourcing: yes; extending their life indefinitely: no. Finding a career and developing a lifestyle where you can become time-rich is a freedom worth pursuing. With a lot of free-time, however, you will need to be self-disciplined. Time independence is not for everybody.

Another goal or target may be task-freedom: the ability to work on what you want. Academic freedom largely permits this as does entrepreneurial work, which too can allow for time-freedom. Once you get to task-freedom, stress reduces. You can work on the same amount of work you give yourself with far less stress than when someone else gives you an order to do that same quantity of work. Thinking of it like a computer game, the ultimate level to reach is typically the investor level, where investors also benefit from this in that they get to pick and choose investments. It's not really work when it's what you love: make your work your hobby.

Geographic freedom is the freedom to work wherever you want. This can be remote work, digital work or online work. You can live in a lower cost of living area so you can keep more of your income. You could live in a lower tax area or even a free-tax country. Think of the online economy: online consulting, digital ad / social media marketing agencies, copywriting, editing, remote bookkeeping (quick to get started), virtual assistant, trading... There are so many avenues to pursue in the online world and if you find success there, you can avoid commuting too!

Here's to you!

00:00 Intro
02:38 Time Freedom
06:40 Task Freedom
08:45 Geographic Freedom

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