I achieved financial freedom by age 28, retiring from corporate life after a successful career as a headhunter, parlayed into real estate investing.
As a young, healthy, single, and wealthy millennial, surrounded by loving, fun, and honest friends and family, I am very happy with my life because I can literally do whatever I want now in my free time (which is all the time).
It was not always this way.
I had to delay gratification, learn new skills, take massive financial risks, and think differently than everyone I know, all of which I continue to do today. The result of my lonely obsession with self-development is absolutely worth it.
The freedom to do whatever I want with the rest of my life is mind-boggling.
In today’s article, I’ll share with you the secret sauce of how I attained my success, leading to my constant state of being grateful, happy, and hopeful about my bright and exciting journey ahead.
Basically, I followed the DG Hierarchy of Needs, similar to Maslow’s Hierarchy of Needs, to work on the various components of my life I had to master to feel happy. For an audio rundown of my philosophy towards life, check out this Daily DANDAN Ep.
#1. Sustenance. Eat and exercise to stay fit, both physically and mentally. If you have physical ailments caused by bad eating habits like obesity, high blood pressure, and diabetes, your life will be impacted by health issues, leading to increased worry, misery, and low self-esteem. Rectify this issue today by committing to a life of eating right and investing in your physical and mental health.
#2. Security. Heaven forbid you have a health issue, make sure you don’t get your life savings wiped out! Buy life insurance, make sure you are insured. Take care of your bills, your insurances, your financial cushions that you need to be establishing.
Don’t lie to yourself that you’re happy through consumerism. The reality is that most people can’t afford to live the high-life.
Instead of “keeping up with the Joneses”, secure your future by planning, budgeting, and living within your means.
TIP: Life insurance on loved ones is crucial and brainlessly obvious to invest in. Look into it and budget to invest in that. It’s a guaranteed payout. Also, don’t be sensitive about this; do the right thing for you and your family’s future.
#3. Self-Educated Judgement. Don’t believe in institutions and information just because other people told you so. Learn on your own and self-educate on why you should subscribe to certain schools of thought, whether it’s finance, religion, philosophy, morality, and career advice. Start having your own ability to judge what’s right and wrong. If I took my parents’ investing and career advice, I wouldn’t be retired young.
#4. Healthy Relationships. Don’t marry someone purely because you feel pressure to close the deal. Don’t stay in relationships that are not beneficial to your mental, physical, and emotional health. Don’t settle because you’re afraid of being alone. Cut friends off who betray you, waste your time, and make you an uninspiring person. Save your time for yourself and people worthy of your friendship and love.
#5. Self-discipline. Take your skills to the next level by being in full control of how you react to others, behave in social and professional settings, and conduct the business of your life. Don’t spend beyond your means now that you’re actually rich. Don’t accumulate arrogant thoughts just because you’re now considered successful. Stay genuinely committed to your moral ideals. Don’t stray into following the herd.
#6. Repeated Self-Actualization. The journey of becoming who you want to be never stops. You’re always going to want more, be more successful, and continue growing. Embrace new skills, meet new people, and challenge yourself more every time you’ve succeeded. There is no limit to who you can become. Dare to think it and you’ll be it.
Interesting observation: The DG hierarchy of needs fits our modern day demands more than Maslow’s because of the increased need to reach independence today rather than relying on the government and family to take care of you.
What would you add to it? Where are you in this hierarchy of what you need to do to achieve happiness?
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