mush journal: what will happen next?
Posted: Tue Dec 06, 2022 9:07 am
Title is because inconsistency is my most consistent trait.
Hello everyone. Thanks for reading my journal, blah blah. I have a tendency to write a lot and I realize I've already said a lot about me in my presentation. I'll try to keep this a short and straightforward journal.
I am 20. I have a lot of time to develop as a person. I dislike working. I'd like to spend more time doing other, various, fun stuff like walking, learning languages, traveling, soldering, doing push-ups, kayaking, having sex, kickboxing, doing drugs, crying, whatever. Not bland, boring, useless work.
I know the ERE philosophy is more process-oriented. I can't help it but be goal-oriented as I find it more motivating at first.
I live at my parents at the moment. I hope to do it as long as possible. They pay for food, electricity/heating, housing. I would like to, when necessary and possible*, live in an apartment to get better habits and to be less spoiled.
*Possible meaning I actually had a part-time job with steady income for long enough that I feel safe keeping it.
I work as a teacher of French as a foreign language online, and that brings around 300-400 Swiss Francs each month (CHF more or less equal to USD at the current time). I'm happy with the mental freedom it brought me. I don't want to do it so much when FI, but I can do it if investments go down or if I expenses go up. I have another family provided semi-online job that I don't like so much although it's incredibly easy and extremely-well paid (370 CHF/month, 8 hours a month). Kind mother gives 200 CHF/monthly to pay for health insurance and will continue to do it until I get a job.
Therefore, I was able to save up some money even though I wasn't working so much the past year. NW is around 11000 CHF. Invested is around 8300 CHF. Expenses are around 6000 CHF a year, but half of it comes from the buying and reselling of an RV in more or less the same year.
Investments are totally dumb and impulsive and result from performance chasing:
Prospects:
Anyway. I'm not sure I will like the caregiver job. If I don't and the same applies for other jobs, I can lower my expenses even more (bike camping, dumpster diving), or find another job that I like. Since I'm young, I have opportunity to study more, so I can also start a librarian apprenticeship with expected net income around 70000 CHF once employed thus making it seem worth it to me. I want to make it possible, so I must adapt to find a job I can handle/like even if it means working intermittently and part time. I don't mind reaching FI in a long time if I can enjoy the time until then.
Thanks for reading and welcoming me here.
Hello everyone. Thanks for reading my journal, blah blah. I have a tendency to write a lot and I realize I've already said a lot about me in my presentation. I'll try to keep this a short and straightforward journal.
I am 20. I have a lot of time to develop as a person. I dislike working. I'd like to spend more time doing other, various, fun stuff like walking, learning languages, traveling, soldering, doing push-ups, kayaking, having sex, kickboxing, doing drugs, crying, whatever. Not bland, boring, useless work.
I know the ERE philosophy is more process-oriented. I can't help it but be goal-oriented as I find it more motivating at first.
I live at my parents at the moment. I hope to do it as long as possible. They pay for food, electricity/heating, housing. I would like to, when necessary and possible*, live in an apartment to get better habits and to be less spoiled.
*Possible meaning I actually had a part-time job with steady income for long enough that I feel safe keeping it.
I work as a teacher of French as a foreign language online, and that brings around 300-400 Swiss Francs each month (CHF more or less equal to USD at the current time). I'm happy with the mental freedom it brought me. I don't want to do it so much when FI, but I can do it if investments go down or if I expenses go up. I have another family provided semi-online job that I don't like so much although it's incredibly easy and extremely-well paid (370 CHF/month, 8 hours a month). Kind mother gives 200 CHF/monthly to pay for health insurance and will continue to do it until I get a job.
Therefore, I was able to save up some money even though I wasn't working so much the past year. NW is around 11000 CHF. Invested is around 8300 CHF. Expenses are around 6000 CHF a year, but half of it comes from the buying and reselling of an RV in more or less the same year.
Investments are totally dumb and impulsive and result from performance chasing:
- First investments were made using a robo-advisor (worth around 2000 CHF)
- next ones were done on a broker. I never check the robo-advisor, but am planning to transfer to broker eventually.
- Stocks/ETF (worth 5300 CHF) on broker are atm: 66% VT, 20% TSLA, 7% URA, 7% other stock-picks.
- Also have 1000 CHF locked until next year in a Swiss fintech VC.
Prospects:
- Net income should be (3700 CHF + 370 CHF) * 12 = 48840 if I keep the other job.
- Expensesshould range from 4000 CHF to 10000 CHF depending on housing situation and healthcare costs*. Taxes should be around 4000 CHF.
- SR should be 85%?
Anyway. I'm not sure I will like the caregiver job. If I don't and the same applies for other jobs, I can lower my expenses even more (bike camping, dumpster diving), or find another job that I like. Since I'm young, I have opportunity to study more, so I can also start a librarian apprenticeship with expected net income around 70000 CHF once employed thus making it seem worth it to me. I want to make it possible, so I must adapt to find a job I can handle/like even if it means working intermittently and part time. I don't mind reaching FI in a long time if I can enjoy the time until then.
Thanks for reading and welcoming me here.