One of the reasons why I continue to save so much is that I’m a perpetual failure. I’ve made so many mistakes in my life that I need a financial buffer to constantly bail me out.
Even after negotiating a severance and leaving Corporate America in 2012, I still save most of my passive income and online income each month.
It feels like eventually, this early retirement dreamworld my wife and I have been living in will come crashing down on us. In 2020, it almost did to the global pandemic.
Always Question Your Luck
Whenever things are going well for an extended period of time, I begin to worry. Where did all the bad luck go? Something must be wrong. I’m not sure why life has turned out OK when there are plenty of smarter, more deserving people out there who still struggle. Maybe the exhausted fumes of good karma from a past life?
The longer you live, the longer you realize nothing good lasts forever. Something bad is bound to happen – a break of an ankle, a bad investment, a friend who disappoints, a boss who lies, a disease that debilitates, a coronavirus pandemic.
The global pandemic began months after our daughter was born. Then, preschools shut down. Then, stocks crashed in March 2020. If there’s one thing 2020 taught us, it’s that anything and everything can happen!
Instead of waiting for disappointment, I sometimes like to seek out failure to knock some reality back into my life. Getting rejected is also a great way of keeping the ego under control.
I believe most of our wealth is mainly due to luck. To start thinking our wealth was mostly due to hard work and skill will set you up for failure.