There’s no greater feeling than helping people solve financial problems. I’ve always been someone to find solutions, rather than complain or pontificate why such and such is the way things are. Perhaps it’s the MBA side of me that always encourages problem-solving. Or maybe it’s the do-or-die ex-banker side of me who always had to close a deal or else I would never get paid or promoted. Taking action is always better than sitting on your ass, and just hoping things will get better.
But I’m torn by money because I’ve seen the entire spectrum of wealth; from the slums and favelas of India and Brazil to the mega-mansions in Pacific Heights and The Hamptons. Life is not fair. Some of us are born with a great foundation for achieving wealth. A few of us are born already wealthy thanks to the trust funds set up by thoughtful parents. However, the vast majority of us are born middle class or poor.
I’ve always thought one of the greatest ways to give back if you don’t have much money is to share what you know with others; to be a mentor. I’ve been fortunate to have two supportive parents who enabled me to study hard, think for myself, and take some risks. I often question “why me?” for achieving financial independence earlier than normal when I worked no harder, and am certainly no smarter than many other people.
To deal with my question, I simply write, and write, and write so that perhaps I may be able to help others seeking answers to a financial problem. The internet is truly the best medium for gaining knowledge today.
On October 20, 2012 I wrote a post entitled, “Financial Samurai Career & Personal Finance Coaching.” The post’s purpose was to help those who wanted 1-on-1 personal finance help from me beyond the free content that I write. I never published the post because I was embarrassed to charge any money to help people. It felt off to charge for advice given I’ve never charged anybody a penny since 2009. I’ve even welcomed people who don’t pay a cent to openly berate me about my ideas and opinions.
After a month of sitting on the post, I decided to finally put it up in my menu tab bar on the homepage without any public announcement. People did take notice to the tune of around five clients a month, but I didn’t have time, so I raised the price to $600 an hour in order to work with just two to three clients a month and it worked… for a while. However, I took the page on the menu tab off altogether because demand started growing again unbelievably.