Remember the story about the tortoise and the hare? Although the hare was quicker, the tortoise never did rest and ended up winning the race. The tortoise managed his time better than the hare. What if instead of speed, the hare had a larger income than the tortoise, but the tortoise managed his money better. We can assume the tortoise will be in a better financial situation earlier on in life when compared to the hare. After all, the tortoise will win the race because he never gives up. My point is, you do not need to make more money than your peers to be more successful. Consistency and smart management play an enormous role in your financial situation.
The tortoise lifestyle is not for everyone and should be considered as an option. If you want early retirement, then you need to review your current situation and determine a plan to early retirement. It will not just happen by itself. Like the tortoise, I am continuously inching myself towards success. Not a day goes by where I am not learning and applying these learnings to advance myself. My progress day to day is small, but if you look at my progress over a year or two years, it is significant. If I did not grab what I can each day and left it until the last minute, then I would not be in the position I am today. I also do not waste anytime from the time I wake up to the time I go to sleep.
In the morning at 5am I spend about 1 hour at the gym. I shower and get into work by 8am. I’m usually leaving work by 5pm and get home in time for dinner by 6pm. I spend the nights working on my personal business, investments, and blogging. This is my typical work week. The weekends are slightly different, but do still contain work. It is the hours and minutes others are relaxing when I can get ahead of them, just like the tortoise. I am not the smartest person alive, but I do work hard to get ahead. Are you a tortoise or a hare?