Category Archives: RAGS TO RICHES

The Australian 37-year-old guy who retired as a self-made millionaire following two simple rules

In 1956, Warren Buffett was managing around half a million dollars. He was working from a tiny study that could be entered only by passing through his bedroom.

He handled everything personally: typing letters on an IBM typewriter, filing paperwork, doing his own taxes. And now, he’s one of the wealthiest people on the planet.

Chris Reining retired at the ripe old age of 37.

This got me thinking about what it means to be resourceful. That if being resourceful can put you on the path to riches, why aren’t more people resourceful?

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How HS retired at just 28 yrs with millions of dollars after growing up in poverty

My parents grew up poor. Eight-people-living-in-a-one-room-apartment poor. Food-stamps poor. “You’re a busboy, and maybe one day if you work really hard you’ll move up to being a waiter” poor.

Keeping six key principles in mind can help you retire early.

When I was a kid, my parents constantly emphasised how important financial freedom would be, and what one must be willing to do to achieve it. I eventually retired early, at 28, with a little over $US2 million. My entire career totalled less than seven years before early retirement.

Here are six building blocks that helped me get to multimillionaire status quickly.

Average habits lead to average outcomes — if you want an above-average net worth, you need to make above-average efforts.

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