Understanding the Fundamentals of Getting Rich and Pulling Ahead in Life

Hello everyone, you probably have not heard of me, but I am one lucky guy who was able to turn tragedy into a fortune. It all started back when I was just 29 years old working for Goldman Sachs stock option floor trading division.  Goldman had just purchased the company I previously worked for as a Lead Market Maker and they were egger to get their foot in the door in the option trading business.

Unfortunately, after just one year of the Goldman management team fumbling their way around through this new businesses, they all but killed the company and my bonus, which was going to be close to my yearly salary. Even though my team and I made good money for the company, my bonus was stripped away because other people didn’t do their job right. Getting legally robbed because someone else was incompetent wasn’t something I wanted to stick around for, so I left.  I spent the next four months in Tahoe exploring to the fine mountain of Heavenly. But that life could not have lasted forever and so I made the decision about the next steps I was going to take…

This is when I realized I no longer wanted to play the same game that everyone else I knew was playing. Life can be hard and expensive, I started looking at my life and analyzing how much I had time and money I had wasted on things that were so irrelevant. I looked at my friends who were working so hard to get ahead, only to consume more and more as their careers grew. To be brutally honest, I was guilty of this myself. I was told the same story that everyone was and just like everyone else, I believed it.

Unfortunately, this story represents the formula that most people have taken for their life plan without any question. Work hard, day after day, to make someone else rich, put the max into your 401K plan, while trying to be happy and while trying to save for your kid’s college education.  After doing the same thing for 40 years, you prey you have enough saved to last your full retirement. By the time you’re free from the grips of society telling you how to live your life, you are left with a body that is too worn down to actually enjoy the pleasures in life you once did.

Is this really a life I questioned? It was then that I realized the standards of society was pulling the wool over my eyes and leaving me blind to living a better, happier life… If you see the reality in this, then you too will easily be able to cut your expenses, releasing society’s hold on you and allowing you to save far more than you ever thought possible so you can achieve financial independence far quicker.

One advantage I have is the fact that I studied and worked in finance and after pondering the ideas in my head night after night, I was able to calculate exactly what I can expect out of life with the right financial plan in place; now I have the ability to see savings in a whole new way.

What do I mean? When most people save $1000 they think they have a $1000, and in one aspect this is true. Now, I happen to be a very good investor, but when I save $1000 I think I am going to have $8000 in 10 years or $60,000 in 20 years, so if I spend that $1000 today I am actually stripping myself of $60,000 in 20 years. Is that new TV you want really worth it?

The fact is that if you start saving half your salary at the age of 24, you should have no problem retiring by the age of 40. If you make good money and you save even more it can even be a lot faster. If you want to live a great life without working your fingers to the bone then stick around, there is a lot more to come.


What is happiness? If you are just another person following the herd then maybe you have not put much thought into what happiness really means. Happiness comes in many different forms, but I can tell you it should not come from the car you drive or the bling you wear. Trust me, no one really cares. And even if they did care, is your happiness really defined by making other people jealous? Don’t be told what happiness is to you, make up your own mind, but owning expensive things should not be on the list, especially if they’re depreciating assets. The fact is, I have been all over forums on the internet and there are hundreds of thousands of people (if not millions) who are learning how to use their finances to get ahead in life, the sooner you can get on board the sooner you can be rich. Remember, this is not a sprint, it’s a marathon, it does not matter who appears to be in first at the start of the race, it only matters who will be leading the pack at the end.


  • Get yourself out of debt if you have any
  • Don’t buy large scale deprecating assets like a new luxury vehicle or boat
  • Move to an affordable city
  • Don’t buy expensive accessories such as jewelry, sunglasses, purses
  • Make sure you have the best deal regarding your cable/satellite package or cancel cable completely
  • Don’t eat out as much and when you do use promotions and don’t buy alcoholic beverages
  • Shop more efficiently at the grocery store, look for sale items, use coupons
  • Don’t buy the most recent electronics
  • Don’t lend money to friends
  • Workout at home instead of paying high gym membership dues
  • Use the right credit card


You need to invest your money. Investing is one of the things I do best, but there are lots of investments to consider. Put your money in stocks, options, real estate, just make sure your money is growing. Most people fail to do this, they put their money in the bank and just let it sit there making zero or close to zero returns.

Currently I have two rental houses and I self manage all of my investments, these include a Roth IRA, a 401K, an Individual account and a HSA (Health Savings Account). I keep a limited amount of money in the bank to pay my bills and the rest is in investments where it generates even more money for me.


First, you need to know your annual spending habits. If you can save up 25 times your annual spending then you can retire and live the rest of your life on your own terms. The first step is to worry about your habits, your lifestyle and making the change to a better reality.

This is not for everyone, if you would rather have a Mercedes in the driveway, go out to dinner and drinks with friends every night and work until your 65 then you can make that choice. Most people have a hard time seeing the future, only the “now,” but the future is going to be one of two ways. Either you’re going to be in your 40’s, wake up on your own terms, spending your day doing what you desire or you will be heading off to work for another 20 years. The choice is yours…

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