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Passive Income: The 6 month Challenge!

By Edited Sep 19, 2016 0 2

What I'm doing to achieve my dream of the passive income

Hey everybody!

Here I will post my road since the begining till the end of my self-imposed challenge of making at least 4-figures of passive income in 6 months!! I will go from finding a new job to blogging all based on what I read from Robert Kiyosaki's Rich Dad, Poor Dad and Tim Ferriss' 4-hour-work-week. The challenge starts now! 01/2014 and ends on 07/2014!

Let me introduce myself first and show you my financial road from bottom to nowadays for you to understand how in deep s**** I got myself into and Why I want so much and so fast!

My name is Ariel (unlike the disney's mermaid, I'm male), I am a 25 years-old Brazilian Lawyer who is living on one of the most expensive city of the world: São Paulo. I'm living with my dad now because the cost of life here is absurdaly high and I have a debt of almost R$ 15.000,00 (US$ 7.000,00 aprox.) to pay with the bank. 

Cry

How do I got into this crazy debt? Ok, time to show you:

MY BEGINING - From abundance to poverty.
"It's fine to celebrate success but it is more important to heed the lessons of failure."

-Bill Gates

I won't take much of your time, but let me just write the quick brief of my history. 
My grandmother was a very rich lawyer here in Brazil that left for me an "Alimony" (I think it's like this in english) of 5 figures per month... Yeah... 5 figures per month. Around 15 thousand bucks... My mom didn't work her entire life because my grandma supported her just fine. So she just stood at home taking care of me and my grandma. It was fine for me too. Not work... just go regular on my studies... I was a lazy boy.

But after my grandma's death, everything started to crumble down... and the Alimony would last until my 21 years-old. My mom and I knew that, but we didn't make any kind of cost-cutting. So when I got 22, all the money ended.

We didn't have anything else but debts... I started working as an English teacher while studying on the 4th year of Law University. But it wasn't enough money to keep up so my mother asked for a loan on the bank on my name. It was accepted but after sometime, I don't know exactly how, it turned out to a debt of R$ 13.000,00, and again... just on my name.

As Steve Jobs said: Sometimes life hits you in the head with a brick. Don’t lose faith.
So I finished the Law University with the support of my father too, and after working as waiter - to support alone my sister, my mother and I - and studying to pass on the National Lawyer Exam for almost 13 hours per day I decided was time to change. I decided to leave my city (a small 75 thousand people's city) in Santa Catarina and move to São Paulo. Two states away...

And you can guess already how many tears we've dropped.

But it was necessary... My city was full of lawyers and without the needed demand. I needed to work as a waiter to get money, even after becoming a lawyer. It was too full. We would continue starving if I stood there... 

Inside of me I could hear an inner voice, an energy that was telling me to go. To follow my dreams... to don't settle on that small, so small town... This voice was telling me to be big, to grow...

So I did go.

I moved then to São Paulo, my birthplace, to live with my dad and position myself as a Lawyer on the best city to work in Brazil. Leaving behind my mother and sister that had no ways to support themselves but by me...

The lesson I've learned was to always follow your inner voice. Your passions. Your inner-god, if you believe. There was something inside of me desperate, wanting to get better, to live and fly free in the sky. So I heard it. I heard this voice. And today I can't connect the dots yet - still paraphrasing Steve Job's Lecture on Stanford's University - but I know that in 10 years I will look back and won't regret any decisions I made!

To end this chapter I will end with another quote and - if you haven't seen yet - the youtube address for the Steve Job's lecture:

"Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma — which is living with the results of other people's thinking. Don't let the noise of others' opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary."

On the next chapter:

My road back to top!

Living and learning on the new city, problems, syncopes and a new way of living! I discover freedom and four hour week's program!

This is my first post folks, so If you read until here, thank you so much! And please, leave any comments for me on my e-mail. Tell me if you enjoyed it.

Let's aim for the stars!
Hugs,
Ariel

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Comments

Apr 13, 2014 2:02am
Larah
Hi Ariel, don't give up and keep on following your passion. Best of luck with all :-)
Apr 13, 2014 2:07am
Larah
I forgot to mention that I have listened to the audio book '4 hours work week', and it is indeed very inspiring. If you want more hands on advices listen to the Smart Passive Income podcast of Pat Flynn, you can learn heaps.
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