Welcome to Cash Flow Diaries. My name is Alexander and I am on the fast track to financial freedom. I currently have 8 investment properties and am generating over $3k per month (updated 01/2018) in passive income. My plan is to be financially free as soon as I am making 100k per year in passive income.
Here’s the why:
I created this blog to be used as a personal diary to track my journey. Journey you say?! That’s right, I am on a full-blown mission to build enough passive income to quit my day job and become a multi-millionaire. Ahh, the dreaded day job. If you’re reading this you most likely have one. And if you’re anything like me. You want out ASAP!! I am super determined and motivated to get out of this rat race. Its destroying my life (not really) and all I think about is what do I have to do to get out and live the life we are all so meant to live.
Here’s the how:
I will use this blog and update is as often as I can with my actual personal finances and all my experiences with investing in rental properties, blogging and just overall personal finance. Real deal numbers yall!! And by allowing you to see it, the pressure to stay on top of it will keep me strongly motivated. This is exactly what I need to help me get to where I need to be. I’m a few years in investing already so I have the luxury of being in a decent position already to see the growth happen. I have never kept track of my net worth or even tracked spending habits until now. This will for sure help me progress to the dream life. And destroy the dreaded day job!
I have never blogged before until now and the last time I wrote anything of consequence was back in college. So pardon the grammatical mistakes, run on sentences and any other amateur mistakes you read. Feel free to bash me if you find one. Tough love! That’s what we all need to get better so that is what I expect out of you.
Here’s the who:
I will give you as many details as I can about me however my intent is to remain somewhat anonymous. Due to the fact that I will be releasing actual numbers of all my investments and accounts I do not want to be fully revealed. For security reasons obviously. It would not be good for people at my job, family and friends to know these kinds of details as it would surely cause drama. And one thing you will learn about me as well is that I don’t do drama. Drama blows!
Here is what I can tell you. I’m in my thirties. I have an associate degree in business from a community college which I have done absolutely nothing with. It has never helped me achieve the level of success I have today or to even get a dreaded day job. It has been useless to me although I do not regret getting it as I did learn a little from it from an economic stand point. Everything I have achieved to this day has been strictly through self-education and having a crazy high work ethic.
Here’s the hope:
I’m hoping my articles and net worth tracking will encourage others to start this journey with me. It’s a dang shame that so many people out there don’t have a clue about what needs to be done to be financially independent. I will try to show you all my tips, secrets and share as much knowledge as I can to help you achieve financial freedom. I still have plenty to learn and am no expert at anything so I encourage you to help me and contribute also if you can. I surely will do what I can to help you.
To follow my net worth tracking, click here.
Would you be willing to publicly post your net worth online? Why or why not? I find this a fascinating endeavor and think this can provide value to myself and to others.