Plan to Quit As Soon As You Start Working!

It was when my seven-year-old son declared that he wanted to be a fruit seller that I realised that the .... er ... apple has not fallen far from the tree! Yes, I too had similar aspirations and I nurtured it for years until I heard the plight of a pharmacist. In this post, I discuss why we all need a plan to quit, as soon as we start working.

Before we begin, a quick announcement: You can be Rich Too With Goal Based Investing is now available at an awesome price of Rs. 91 at Google Play (you can read on PC/Tablets/Mobile) or with the free Kindle app from Amazon

The pharmacist told me that his was a 7 x 12-hour job. He could not step out of the shop or even take a holiday because there was no one trustworthy to take care of the shop. My friends family had a grocery shop and after college, he took over the business - just as his father did and his grandpa did. My friend's plight is not very different from that of the pharmacy owner or any small shop owner.

Aside from the presence of a regular salary and paid holidays (like weekends!), there is not much of a difference from such shop owner and salaried employees. Unless we have a plan to become financially free, we are trapped in our jobs.

Many people confuse income with productivity. I can offer a service or even pursue a creative endeavour with worrying about putting food on the table (among other expenses). Initially yes, income depends on the work that we do.

We need a plan to systematically free our income from our skill-set and the services that we are capable of.

Even if liabilities like home loans slow down this process it is more than possible. As mentioned in yesterday's post, most 30-somethings suddenly recognise the need for an income that keeps pace with inflation after retirement (aka inflation-protected income). A 35-year-old with a home loan taking control of his/her finances can strive to become financially independent in 15 years. That is quite an achievement. There is no need to worry "I started investing Late, Can I Catch Up?" Of course, you can.

One segment of Gamechanger, my second book co-written with Pranav Surya, discusses how 20-somethings can get it right the first time. In fact, they do not have to worry about retirement or financial independence. Time is on their side. It will take carry of the wealth building provided they get the simple steps mentioned in the book, right.  Alternatively, those who wish to start up can use a corporate set up to build a solid corpus and then turn entrepreneur.

My brilliant co-author Pranav is a mechanical engineer with an MBA in hospitality and tourism. He has worked in 4 countries across 3 continents and is currently working in the tourism industry. He is an expert backpacker with extensive travelling experience.

As Pranav will explain later this week, the book focusses on aspects like productivity, using credit cards wisely and some awesome travel tips that drastically reduce your next international holiday. If you have never taken one, the book will give you the confidence to do so. These topics should be of interest to all age groups.

I was so impressed by what Pranav has put together when I read the first draft of the book. That is why I keep calling him brilliant. Boy am I glad to have said "yes" when he asked me to co-author armed with a professional proposal that had everything from objective, implementation and marketing.

We present below a set of slides that highlights the need to have a plan to quit as we soon as we start working.

Before we get to that, a reminder that we have a special offer for all email subscribers to freefincal and pranavsurya.com (this was announced earlier) before the book is available for pre-order at Amazon (hard copy + Kindle). Our aim so to keep the price of the hard copy and kindle as low as possible so that we can reach out to a wide audience.

If you have not subscribed to receive freefincal posts, please do so now. You will be eligible for the special offer if you subscribe before the countdown ends.

As always, feel free to ask any questions regarding gamechanger and share your thoughts on this post.

Testimonials

This book will change the outlook of those who read it. - Murali Vijay, Indian Cricketer 

This book changed the way I looked at vacation planning and has provided me with a new perspective when planning for a vacation. Previously, I used to decide a location and then plan a trip, this book gave a new perspective to bucket-list different places and then select the optimum place at a given point of time. The book has provided various accommodation options that I was not aware of. From personal finance planning, I only wish that I had access to this book at the start of my career. Beta Reader, Muthukrishan

GameChanger Buying Options

GameChange Buying Links

Click here to buy GameChanger hardcopy for Rs. 180Opens in a new window

Click here to buy GameChanger Plus Travel Training Kit together for Rs. 265Opens in a new window

Those who have purchased the book for Rs. 180 will be sent a link to buy the travel training kit for Rs. 85 (offer valid up to Mat 21st midnight).

Note: The Travel Training Kit (without video call) will be available for Rs. 150 from May 22nd.

 =-=-=-=-=-=

Kolkata DIY Investor Workshop May 28th, 2017

Register for the Kolkata DIY Investor Workshop May 28th, 2017

You Can Be Rich Too With Goal-Based Investing

You can be rich too with goal based investing is my new book with PV Subramanyam. If you have not yet got the book, check out the reviews below and use the links to buy.
Reader Quotes:

particularly useful for first time investors

Every earner should read this

Five stars. Gifted my friend. He found it very helpful

If you want a book that's unbiased and that will hold your hand and walk you through the personal finance jungle, then buy this.. the best thing 300 bucks could buy you.

Gift it to your Friends and Relatives whom you care more. Already follower of Pattu and Subra's forum. Ordered 4 more copies to give gift to my friends and eagerly waiting to read

The best book ever on Financial Freedom Planning. Go get it now!

Your first investment should be buying this book

The (nine online) calculators are really awesome and will give you all possible insights

Thank you, readers, for your generous support and patronage.

Amazon Hardcover Rs. 317.
21% OFF

Kindle at Amazon.in (Rs. 90.74 74% OFF) Read with free app

Google PlayRs. 90.74 Read on your PC/Tablet/Mobile
Infibeam Now just Rs. 315 24% OFF.

If you use a mobikwik wallet, and purchase via infibeam, you can get up to 100% cashback!!

Bookadda Rs. 344. Flipkart Rs. 359

Amazon.com ($ 3.70 or Rs. 267)

  • Ask the right questions about money
  • get simple solutions
  • Define your goals clearly with worksheets
  • Calculate the correct asset allocation for each goal.
  • Find out how much insurance cover you need, and how much you need to invest with nine online calculator modules
  • Learn to choose mutual funds qualitatively and quantitatively.

More information is available here: A Beginner's Guide To Make Your Money Dreams Come True!

What Readers Say


Get GameChanger (my second book) + Pranav's Travel Training Kit  GameChanger (hardcopy is now available for ₹279 (249 +30 for shipping) and the Travel Training Kit is available for immediate download for ₹150.

Register for the Kolkata DIY Investor meet:  May 28th2017


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Buy our New Book!

You Can Be Rich With Goal-based Investing A book by  P V Subramanyam (subramoney.com) & M Pattabiraman. Read more about the book and pre-order now!
Practical advice + calculators for you to develop personalised investment solutions

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