Overrated: Unrestricted freedom.

Underrated: Carefully designed constraints.

Constraints actually increase our skill development rather than restrict it. We need lines to show us where to add color, not a blank canvas to draw on. As an entrepreneur, I struggled to manage myself until I realized that I needed to add some structure to my day. I began to only scheduled calls in the afternoon. I blocked my email inbox until noon. I required myself to publish a new article every Monday and Thursday. By adding a few carefully designed constraints to my life I reduced my freedom, but actually improved my productivity and happiness. Instead of feeling restricted by constraints, I felt empowered.

via Overrated vs. Underrated: Common Beliefs We Get Wrong | James Clear.

So far, her experience contradicts studies that have recently claimed that “long commutes are killing you.” And financially, she  benefits from living on a train: The flat-rate ticket costs her about $380, whereas she had to pay about $450 for her previous apartment. However, living cheaper is not the only goal she has in mind.

“I want to inspire people to question their habits and the things they consider to be normal,” Müller told The Post. “There are always more opportunities than one thinks there are. The next adventure is waiting just around the corner — provided that you want to find it.”

via How one German millennial chose to live on trains rather than pay rent – The Washington Post.

6. Housesit.

Housesitting usually means you’re working for free, but sometimes you do get paid. If you aren’t getting paid, it’s a free place to stay and you may stay in some very nice homes as well.

This can be a great way to make money while traveling or at least a way to cut your travel costs.

7. Work remotely.

I know someone who traveled for around one year and still kept their day job. Yes, I understand that most employers cannot/will not be this flexible, but there is a chance that yours may be fine with this option.

If you have a job which may allow you to work remotely, you may want to think about popping this question. If you plan on traveling anyway then what’s the worst that could happen?

via How To Make Money While Traveling – 7 Ways! – Making Sense Of Cents.

Nothing is certain in life including your financial future. However, the 4% Rule gives us a solid framework to plan with.

Life is a bit of a game. If you’re lucky enough to have been born in a place with opportunity where hard work is rewarded, you can take your life in any direction you want. However, a large determiner of your success and well being can also be attributed to your attitude. You can choose to worry about scenarios that probably won’t come true or chase down your dreams.

I encourage you to strongly consider the latter.

I believe your dreams have a far greater chance of coming true.

And if you ever see a Komodo dragon, keep your distance.

via Thursday Rant: Why the 4% Rule Won’t Steal Your Spouse or Give You the Clap – 1500 Days to Freedom1500 Days to Freedom.

It would be wise for us to stop always asking how to acquire more and instead, start asking what to do with the influence we already have.

The interactions we have in this world offer both a great and challenging opportunity. They can be positive or negative. They can add value to the lives of others or they can take value away. Our opportunity for influence can become an important agent for change or it can further cement the status quo. It can make our world a better place to be or a crummier place to endure. There are no neutral contributors in this world.

via Influence. You Already Have It..

Now not all “boring” people are rich and not all rich people are “boring.”  But the more laid back lifestyle you lead could likely lead you to an accumulation of wealth over long periods of time.
When helping folks with finances I always like to show people two pictures of houses.  One is a brand new mansion and the other is a modest rambler that was built in the 80’s.  I often ask “who is successful?”  Of course everyone would pick the person in the large mansion, but when you tell people that person has more than $1,000,000.00 in debt and eventually lost their house whereas the person in the other house has it paid off along with over $700,000.00 in savings and investments it presents a whole different point of view.
The ability to overcome your distractions in life whether financial or not likely leads to successful outcomes.   When you can keep your life under control you limit the distractions and stresses in life.  Often times we are the ones who cause the problems not everyone else.  Sometimes we just need to point that finger back at ourselves for our financial situations instead of pointing at others.  Yes there will be some people get rich fast and have the ability to hold on to it, but they are the exception and not the norm.

via Boring and Rich – Healthy Wealthy Income.

By doing.

Do or do not do. There is no try, young Skywalker. Start now.

I write because that is what I was born to do. I can’t stop writing. But I’ll admit, sometimes it’s awful tough to get started. Some days I need a little extra push to get going. We all do. But once you get that ball of momentum rolling down the hill, it’s tough to stop.

Even the most hard-core marathon runner often struggles with the first few steps on a cold November morning. However, the same runner knows full well the Boston Marathon is only a few short months away and so they stop trying and simply do.

via How to Beat Procrastination – Early To Rise.

Spain — In last few years (and despite the economic downturn), Spain has become one of the premier places to teach English. There are plenty of jobs, the government has an active program for attracting teachers, and your visa means you can freely travel around Europe. There are also many opportunities to teach private lessons on the side. You don’t get many benefits (or high pay compared to Asia or the Middle East), but the pay is still enough to live off of.

via The 9 Best Places to Teach English Overseas.

Finding happiness isn’t simple as stating the obvious: sex, drugs, and rock n’ roll—or whatever the short-term equivalent might be—won’t bring you happiness. Hopefully, most of us either know this intuitively or have figured it out without too much damage.

And it’s not as easy to find as some might say, for ultimately happiness is a combination of many things: current state of being, progress toward long-term goals, social environment, family history, and possibly other factors that are hard to identify.

via Happiness Is a Superpower : The Art of Non-Conformity.

Number 6:  Stick close to home.

This one is debated a lot.  Some of the very best deals these days are in cities like Detroit.  However, if you live in Oklahoma, trying to buy right and manage a rental property in a city far away is probably not the right path.  Later maybe, but not for your first.

You want to invest if possible in your city so that you can drive by your investment a couple of times a month just to see how the exterior looks.  It’s also kind of nice to see your investment sitting there, unlike shares of stock sitting in your broker’s safe or on a computer somewhere.  You also can check out repairs and major issues and shop for the best service to correct problems.  Then you can check quality before paying the bill.

via 10 Things You Need to Know Before Buying Your First Rental Home – Early To Rise.

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