Grinding Harder and What I’ve Learned

Retro-Post, Dated 6 May 2017: Well it’s been 5 months since I began my quest to pay off the home in 6 years. My goal was to pay an extra $16,000 per year to meet the goal. I’m happy to say that five months into the year, I’ve earned an extra chunk of cash to throw $4,000 extra toward the mortgage for 2017 for a grand total of $20,000. To date, I’ve paid $12,000 on the mortgage and I won’t have to earn any extra cash to cover the rest of the $8,000 for the year. If you recall from “My Home Payoff Plan“, the remainder of the $8,000 will come from the money I’m budgeting from my primary job.

This is great news, but it hasn’t been an easy journey as my wife can attest. Sure we’ve had to adjust to this new life of grinding harder. I’ve had to learn to get up earlier and work later. I’ve had to sacrifice time with the family. Since January I’ve taken all extra jobs offered to me. At one point I was working 4 separate jobs at once and earned the most I’ve ever have in a 5 month span. This has opened my eyes to the power of focus and how much we can all push ourselves to achieve so much more. I’m not just talking of the goal to pay off my home. I’m talking about how much empty space we have in our lives, something that I didn’t notice until I broached this venture. While my current end goal is to completely pay off my home, I can’t help but think that at the end of accomplishing this goal, I will know that there is so much that I can do. Whether it’s coaching my daughter’s soccer team, volunteering for a noble cause, taking up a hobby I’ve been meaning to do, I realize that I have the time and energy to make it happen. Heck, I may do these things in the coming months depending on the work load I’m presented with. I can’t know if I’m on a good run of luck or if things will dry up but I do know that there is more time in a day for doing more, meaningful things.

Admittedly, up to this point in life, I’ve gotten too comfortable with my routine. Previously, my routine has consisted of going to work, coming home, spending time with the family, wasting time by watching TV, going to bed and the repeating the process daily. I guess I had gotten stuck in the same routine so many of us do, and this process has woken me up to what is possible. I encourage you to get out of your routine. Maybe your goal isn’t to payoff your home, but find something that drives you and start doing it. Coach your son or daughter’s soccer team, volunteer, paint, learn something new, be a better parent. Step away from your comfy routine and get involved, get engaged. Admittedly, at first, it will take you some time to get adjusted to your new normal, but it is all doable if you put your mind and heart into it and I promise you, you will learn more about yourself!

Salud!

2 thoughts on “Grinding Harder and What I’ve Learned

  1. Jason

    This is great Gabe! Keep grinding! You will probably get there before 6 years. I have 9 left if I don’t do anything else, but I would like to be done sooner, but at the same time I want to keep my savings rate. At some point something has to give. When do you plan to be FI?

    1. alanizg Post author

      Hi Jason. I’m thinking the mortgage will be paid off a lot sooner. To be honest, focusing on paying off the mortgage was a tough decision to make. I too thought about focusing on growing investments and savings but ultimately, my wife and I decided this was the best decision for our family. I imagine that paying off the mortgage and being totally debt free will give us a new sense of freedom. I’d also add that it’s pretty funny how things accelerate when you’re focused and put in the work. I’ve definitely learned a lot about myself over this period. Finishing the mortgage earlier will give me time to focus on my next objective, build massive wealth. My goal is to be FI is 15 years (sooner is better).