I’m all about chasing dreams and creating the best lifestyle possible for yourself. Life’s too short to be miserable, broke, and pissed off at the world. There are only so many conspiracy theories that you can follow while you hate the world.
I want you to be able to chase your dreams. I also want you to be able to pay your bills. Here’s how you can chase your dream without stressing about money the entire time.
“People say that what we are seeking is a meaning for life. I don’t think this is what we’re really seeking. I think what we’re seeking is an experience of being alive.” — Joseph Campbell
We recently looked at how you can make a colossal lifestyle change without going broke after I was inspired. Today, we have to switch focus and get serious.
You see, I could go on with the motivational quotes. I could also tell you that you should quit your job to follow your passions.
However, at the end of the day, you need to make some money!
This is an article out there for all of the dream chasers. This is for anybody chasing a dream, looking to quit their job, or just wanting more out of life. This is a rule that will prevent you from going broke in the process.
What’s the $1k rule for chasing dreams?
You simply need to have $1,000 in your checking or emergency or savings account at all times. It doesn’t matter what you call this account. You need to have $1,000 ready for emergencies, to cover bills, and to stay afloat.
I don’t want to see you go into debt. I don’t want you to use your credit card to support yourself. I don’t want you to fall behind in life either.
It’s far too easy to get into debt when chasing goals. It’s easy to justify every little expense as an investment. I get that because I do it all of the time myself.
The $1k rule for chasing your dreams is all about protecting yourself while you take HUGE risks in life.
That one thousand dollars will go a long way. It will cover you when you can’t pay the rent, buy food, or get by another day.
Are you still not convinced?
Why do you need to follow the $1k rule for chasing dreams?
Because I don’t want you to end up broke, in debt, miserable, and pissed off at the world if things don’t work out. The thing with big dreams is that there’s a chance they won’t work out in your favor. Shit happens. The world isn’t fair.
That’s okay. Failure isn’t the end of the world. Failure gives you permission to try again.
I just want you to have money saved for when/if things don’t go your way.
What opened my eyes to this rule?
Ever since I got into wrestling I’ve met all kinds of characters from all walks of life. The one thing in common between all folks is passion. Everyone is passionate. Some have taken COLOSSAL risks (spending $30k on training), while others risked it all and moved to a different country.
What are the results? They vary. Some folks have been signed to huge contracts. Others didn’t get the results they wanted so they went back to work. A few are stuck in debt with broken hearts and dreams that never worked out.
I’ll say it again. I don’t want you to end up broke.
Apply the $1k rule if you want to follow your passions.
Next week we will look at why you’re stupid for not chasing some sort of dream.
Before we part ways, I must share another quote.
I saw a quote recently posted by Chris Buillebeau that resonated with me 100%.
“I want to be remembered as a person who wasn’t afraid to start things.” — Tina Roth Eisenberg
I’m pretty proud of myself for the past year. I was able to run a half-marathon, sell my condo, wrestle my first match, and launch many new projects. But I still want more. As I search for more, I will ensure that I keep my savings account full so that I don’t go broke in the process.
Have fun chasing your dreams. Just have some money saved, so that you don’t end up pissed off at the world because you’re poor.