MILLIONAIRE EXPLAINS: Overcoming the Paycheck Mentality to Retire Early

[@OurRichJourney]

▸▸▸ www.365daystofire.com/ Enrollment is now open for our 365 Days to F.I.R.E. Program for 2025 Sign up and get: ◼ Completed F.I.R.E. Plan, Stock Investing Plan, Real Estate Investing Plan, etc. by the end of program ◼ Daily F.I.R.E. Actions ◼ Monthly Live Q&As ◼ Small Accountability Groups ◼ Quarterly Book Club ◼ 3 Meet-ups in Portugal, including a 2-Day Conference with us in Porto! ◼ Private Facebook group ◼ Lifetime access to daily tasks, recorded live Q&As, recorded book club meetings, Facebook group, and resources ◼ Discounted future meetups as 365 Days to F.I.R.E. program alumni ◼ And more! To learn more and enroll NOW, go to: www.365daystofire.com/

[@vickiewilkins1579]

He knows what he's talking about. I have retired and had to switch my mindset from saving to spending and enjoying life.

[@danawood8103]

Same here! We are enjoying our life but it’s strange not having a paycheck

[@destroya3303]

I will take on that problem any day :)

[@Sophiad16]

Hi Amon and Christina! My wife and I purchased your program in 2022 for the following year, right before I was diagnosed with stage 4 breast cancer. We fell off the program, but I still attended the meetups with my sister in Portugal and was able to meet you Amon. We have continued to pursue financial freedom through side hustles, and my wife was laid off about a month ago. Because of our hard work and you both serving as our role models, we did not have the terror many Americans can have. We decided to go all in. We are moving to my wife’s home town where we had previously purchased an investment property, and have our sights on moving to Spain within the next few years. My wife is really struggling with not getting a paycheck and last night we were discussing this. I turn on my KZbin this morning and this is the video you’ve published! Thank you so much. We can’t wait to be friends and neighbors with you all soon! 🙏🏽😅

[@The_Quili]

This is dope! Sending love and healing to you and yours!🙏🏾💖

[@gregorysmith2117]

I retired the old fashioned way because my nobody in my family has FIRED. Listen to what he says. I don't know very many people who would rather work for other people, doing things they don't like to do, while they're getting older every day. Take control. I HIGHLY recommend this FIRE course bc I took it as well, even at my "already retired" age. Worth EVERY penny and no, this isn't a "paid commercial announcement". Bottom line: Learn how to make money (and time) from other's people's money (Stocks, Bonds, Investments, etc.). Make a realistic goal and stick to it. You can do it!

[@enigmathegrayman2953]

I can collect pension annuity a soon as 2 more years. I’ve also been putting aside money in a 457b account for over 20 years now. I’m ready to live off the fruit of my labor very soon.

[@Dre2011]

Three things to add to this great video: you also need a little luck, timing, and money on hand to take advantage of opportunities when they present themselves.

[@michaeldavis8599]

Sometimes the mental switches are the most difficult. All those years I put money INTO the investments, now I have to take money OUT. That's a big shift in expectations and behavior. Great advice about the shift in emergency fund thinking!

[@DropBox-jx6yr]

You can still have a paycheck mentality and retire early. I have been working since I was 11 and retired at 25 but I still CHOOSE to work for a paycheck. Working isn’t the problem NEEDING to work versus WANTING to work is what people are struggling with. If you want to retire early start working as early as humanly possible and don’t have kids if you’re not already financially stable. Never make any decisions that are rooted from emotions.

[@LifeUnfiltered-Raw]

Amon and Christina! Since 2018, your channel has been a Sunday ritual for me. I look forward to your videos. I happened on one of your videos while taking a break from studying for a final exam in Nursing school. Thank you for taking the time to understand the needs of your audience... you both have inspired me on my journey to FIRE. Enjoy London, cheers. ❤

[@BeninMamiWata]

I really like this format. Another great video!

[@ladonna2u742]

I think over-coming the idea that you ARE financially able to live your best life without a regular paycheck coming in.

[@TravelingNP]

Really enjoyed this video! Would like more content about shifting mindset (maybe from scarcity to abundance) for people closer to FI or have reached FI.

[@jonathandrayton7311]

I absolutely love the idea of the stock market emergency fund!

[@daystar73]

Same here

[@MichelleBarhamlifestyle]

That’s a great idea. ❤

[@autordijanaferkovic]

I love the format. Like podcast but very innovative. Pleasure to see you guys on Sunday, as usual.

[@hipapi]

+1 more of these

[@betterme479]

Love how you change things up with this format and really need to keep hearing these motivating messages on my multiple year journey to freedom on all levels ❤

[@donovandavis5310]

AGREED ‼️ Freedom is the goal 🙌🏼

[@kadsoccer]

One of your better vids / topics in quite some time. Nicely done.

[@bg5760]

Multiple non-correlated income streams that you understand their risks and how they work.👍👍

[@rnmom65]

This video is very timely. We were just discussing this topic this morning…as we are heading into retirement. Hubby in 2 years….me after that. We plan to live/travel abroad…Thank you!!!

[@TylerofSc004]

Many thanks for the video. Everybody needs financial freedom. Let this be a thread for some more simple, Reproductible approach from anyone who have build wealth. I have saved up $190k to get started.

[@bg5760]

Great topic. I think you’re understanding of your spending combined with your DIY mindset is a great basis of self reliance. It’s not just FIRE, it’s truly self reliance FIRE…knowledge is power. Your calm thoughtfulness stands out to me.👍

[@tyrecarmon20]

Man this is so dope!!! Keep it up with these kind of videos

[@pinkkaz77]

Love the format of this video , interesting and informative

[@OurRichJourney]

📈Looking to learn how to invest? Enroll in our Stock Market Investing Course: www.ourrichjourney.com/investingforfire 🔥Learn more about financial independence and retiring early: Enroll in our F.I.R.E. Master Class: www.ourrichjourney.com/firemasterclass

[@blackestknight1.0]

*The Richest of ALLL the Journeys!! ALLLL the FIRE journeys!!! You're so right mehn. These checks ain't loyal!!*

[@livingunashamed4869]

You guys really need to write a book? It would sell big time :).

[@shalondawilliamslynard]

FREEDOM! Yes indeed. I'm looking forward to it! 🧡💜

[@jennyvernon7728]

I’ve been following them for a long time and they are legit I love their content they are super knowledgeable

[@TiagoRamosVideos]

Very important video 👌 I loved your idea of having a separate investment portfolio for reserve 🙏

[@frankellis9627]

So, it's a mindset 🤔

[@cann9155]

Yeah, what does true Freedom really feel like? Excellent! Video. Thanks Amon & Christina 💝💝💝💝

[@felicialesmana1910]

Love the format, should do more of these! Would also love to see you touch on how to have abundance mindset once you have reached FI

[@lalaking7974]

I love sharing your content with my young adult sons (whom I've taught to invest since they were 5 & 7, lol) This is DEFINITELY one I'll be sharing. - Wishing you and your family a wonderful time in London; one of my favorite places!

[@BO-fp6ul]

Been a fan for years. Really liking this candid format. Just breezy and to the point. Amon is soooo smooooth ...😎

[@claremorley9845]

Thanks for all your great information! 🎉😊❤

[@stox58]

This video was on point, thank you for sharing your knowledge

[@mariviberrios]

As always, a very interesting topic. Thank you, guys. What frequency do you recommend for withdrawals in FI? One a year, monthly?

[@mugentuner]

Great insight and inspiration

[@redv0472]

Do you think you could have reached FIRE today with the cost of living crisis wondering if it’s harder now the way the world is, the 17,000 down payment and profit is outstanding just not sure it’s still possible interested to get your take?

[@SedA2027]

Love this episode! Just what I needed to hear. I have reached FIRE but have decided to work 5 more years. I am single and have a very small family so I have decided to really grow my reserves and emergency fund as it may just be me in my older age.

[@tonysilke]

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

[@tmm4782]

Nice video, thank you! Do you still reinvest your dividends?

[@james1000]

I agree with just about everything. I would say that you can be successful with stock investing alone. Also consider sequence of returns risk and glide path of your asset allocation.

[@renay_cheyenne]

Stubbled across this channel. Is there a video on 2-3 year emergency fund and the maintenance of such? Almost done with my student loans so that’s next. Nice and informative video

[@harveyking5038]

freedom

[@NoorD972]

Hello! Do you know of any legit platform to receive royalty income in gas or energy?

[@RM-cq1ny]

❤Great video and of of course the content was spot on.

[@lifeonthewestcoast]

this is why being a day trader is the best cause you can quickly scalp what you need for the day and be done. Day by day

[@markwillbanks3607]

Next video, interview her:)

[@drcatrinaking]

Word.

[@AsanKaliqAllah]

I'm 50 and broke. Is it to late for me?

[@lashawn369]

No, start planning and open a Fidelity or Vanguard account Today, initiate your first transfer to fund the account. The initial funds transfer takes about 3 to 5 business days because of the account verification process. Sign up for the course to set you on the path for a better financial future. If you are 50, you can reach FIRE before you are"62". At the end of the day if you take the leap you will definitely be in a better financial situation than you would be if you did nothing and wait on your pension, ss and 401k/TSP. I promise that you will feel proud about actively investing in you and your future.

[@smilesnluvd6526]

No. It's never too late to start saving and investing.

[@shaunaboo961]

No… just start to invest as much as you can.

[@delbriggs2568]

its never too late. open an account with $100 month. as you pay down debt increase your investments.

[@renemontenegro6143]

Yes

[@yolondagarrett7247]

Appreciated this discussion and the format. Would like to see more content like this, especially on mindset shifts.

[@thejanitor9901]

Can anyone elaborate o. What F.I.R.E. is?

[@wintongoliath8473]

Thanks for the video, great insight.

[@msgr70]

I just loooved this video! So different and spontaneous. I've been a subscriber even before you came to Portugal. It was so exciting to see that you were coming to live in my city! :) You're such an inspiration! I wish I'd bump into you here in Lisbon. Keep up the great work. ;)

[@teribond7808]

Powerful, inspiring thoughts. Videos like this refocus me and keep me going. Thank you.

[@Tim9thy1]

Just found you (subscribed), and I'm very impressed!May God bless you and your family. ❤️

[@KhaliahAli]

I just love how you both casually lay out the blueprint! It’s not easy by no means, but having a great head start on this form of investing and multiple streams of income is extremely achievable! I feel so behind & stunted, but now that I have the wealth of knowledge that you and others have shared along with my self study I figure my son can at least reach FIRE before 35! I appreciate you all so much and I cannot express it enough!

[@wrealunderstandingpodcast6285]

Diversify Diversify Diversify

[@feliciaflinders]

❤❤❤ thanks for sharing your experience. The idea of preparing for paying ourselves from the FIRE pot makes sense it takes time to adapt. 3 years near cash and other sources of income certainly de-risks the situation ❤

[@ARPorganics]

I can't wait until the day I never have to worry about making money, period. Level up by gaining all the knowledge overtime and then pass on.

[@ambermichelle23]

So inspiring. Thanks for sharing.

[@warrenrobinson1525]

I’ve never listened to this guy before, but I’m impressed with his youth and knowledge level. Diversity in investing is a good thing as long as you develop a competency as well as an interest in each area. Otherwise your better off sticking to an area you know a lot about. Warren Buffet says, it’s not important how big your circle competence is but, what is important is that you know where the edges are. I’m a stock investor and am probably a little two introverted to be a skilled house flipper. It’s hard to get out of the payday mentality after cutting the cord with a steady paycheck. Especially after having an engrained saving mentality for so manny years. It’s better to be the boss of yourself and trust in bumpy profits than be a wage slave and be addicted to a drip of steady paychecks. It took me a long time to get used to not getting a steady paycheck. One day social security will give me one again. In the mean time ….I try and plan ahead and have some cash around.

[@MR.B1004.]

Once again another great video! The key is creating other ways of bringing in another income besides your job.Did you guys take the EuroStar train yet?

[@cristinacarrion4723]

How do you quantify the emergency fund? Is it a specific calculation?

[@richardbuki658]

Excellent idea to make an interview as a frame for today's video! And most important is the spot on message! The ultimate goal for everyone's life: (achieving) freedom! Thank you Amon and Christina 😊

[@sugarfreenow]

Financial Freedom🙏🏽🙏🏽🙏🏽✅💯

[@silverf0x7]

I sincerely appreciate the videos both of you take the time and effort to put up for the benefit of the rest of us. I hope this is only the beginning of your rich journey with wonderful, surprising and exciting twist and turns to come. Wish you both, and your loved ones health, new perspectives, and incredible moments.

@ourrichjourney I hope you guys are okay with the inclement weather. Can you do a video on that, please?

[@vivianirabor4197]

Is not as easy to save the much I want especially with paying tuition for three children in college as well as paying other bills. I really love that freedom, but is not happening soon 😭

[@supalpatel6649]

Thank you and enjoy London ❤🙏🏽

[@fabiocosta6289]

Hope you still come to Fábrica! We have another one in Leiria now 🎉

[@tiffanywilliams3019]

I dont even enjoy payday as much as the anticipation of it because all i think about is what bills i have to pay😢

[@frebro7556]

I needed to hear this.

[@madfox995]

Trying so hard to reach FIRE but I’m getting burnt out 😭

[@carlmay8314]

Look at hard assets that will protect your purchasing power for example gold and Bitcoin. Money in savings accounts will get destroyed by constant money printing which causes inflation. Do your own research.

[@dianafoster7883]

Keep at it! You can do it! 🔥🔥🔥

[@davidkirkeby9779]

It's really hard for people to put down the crack pipe of a paycheck.

[@renemontenegro6143]

Also retires with 8 figures and loving it and i dont live in the USA ! Loving life

[@namkebanyanklariti]

Thank you for these anxiety reducing gems bruh and sis🙏

[@robertsimmons5575]

great info guts. thanks for sharing

[@Gowin7575]

Very good and informative. Want to fire like you guys and do slow travel.

[@MR.B1004.]

Once again another great video. Did you guys take the EuroStar train yet?

[@soboguy8]

I can relate.... Greatly appreciate being in this position

[@HawaiianSkies]

And what if the stock market does crash?

[@kay203]

what if you get dividends/interests?

[@dionneking8]

Thanks for this

[@mugzilla4072]

it's his wife doing the interview

[@DLG24]

Well done!! All the best to you both!

[@jwm66]

This video is very refreshing.

[@LearW-tc9ez]

Freedom Freedom Freedom! 🙌🏽

[@norvellatastytopia1687]

Thank you, Amon and Christina!

[@MichelleBarhamlifestyle]

Love this channel ❤

[@ASTONBENNETT-zo1op]

This was soo dope to watch.

[@TimelessWealthMentor]

That's a really great reminder interview, with an informal format!😊

[@1_badd_b]

This was good.

[@livinglifemyway6511]

Good evening from Lisbon!

[@JRspeaking]

SUCH an important topic.

[@JoseRodriguez-yr9uv]

This is a GREAT format

[@reashamorba]

I like this video style.

[@kwokweng76]

what he says is very true

[@robertsimmons5575]

I meant guys

[@Cloninginvesting]

❤🤝🤝👍👍