17 October 2015

Nine-to-Five Workers Are Free-Range Slaves

Man, I hate my job. It really is painful. The main problem is that I am just bored. I also hate the idea of being tied down to something for the rest of my life. I feel like my whole life is being taken away from me. I thought at first maybe I need to get a new job. Maybe I need to do extra study and start applying for another job, but the more I think about it the more I realize that doing this will only push me deeper into the nine-to-five world that I hate. I need to escape. I know for sure now that my dream is to become a digital nomad. I am happy to work but I want to work from my laptop, and I want to be able to work from anywhere where there is internet connection.

The pain I’ve been suffering at work seems to be ramping up. I seem to be getting more work, but for some reason I just feel really unmotivated. People I work with are also just plain annoying, and the fact that I’m stuck with them makes my life even more difficult.



At work today I was thinking about financial ratios. For example, there is the price-earnings ratio, which is the price of, say, a business divide by its earnings. If someone wants to buy this business, they can quickly assess whether the price it is selling for is worth it.

Another ratio or index I thought about was what I call the “freedom index,” which is the ratio of passive or semi-passive income to "active income." I'm not too sure if "active income" is a real term, but it is the opposite of "passive income," that is, you have to work for active income whereas passive income is income you don't have to work for e.g. a savings account pays you interest without you doing any work.

Suppose currently I earn about $10,000 per year in passive income and I earn $75,000 per year from my job. This means the ratio of passive income to active income is 13% The higher the number, the freer you are. The lower the number, the more you are subject to wage slavery.

The more I think about it, the more I realize that we are not free. At least, most of us are not. Many slaves in the past were confined and exploited like today's cows, chicken, and pigs in CAFOs. However, slaves revolted. As a result of this slave rebellion, most of us think we are free when in fact we are merely free-range slaves. We think we are free, but with the mortgage, car payments, and other debt, we have little room to move.

I need to replace my active income with passive income or at least semi-passive income that can be earned on a laptop so that I can become location independent.

I don't know exactly how I will become a digital nomad, but I know I will need to move gradually. I don't think I can just quit my job tomorrow. I am currently doing further study, but I am thinking of just quitting. I have an exam soon. I'll finish that off and rethink. I feel now that studying is really just a waste of time, so after this exam I might just put further study on hold. I will continue to save up and invest, but I will focus on build up my knowledge of ecommerce. I will slowly transition so that I move away from my nine-to-five and towards a location independent lifestyle.



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