LitArk » Books » Home and family

Dave Gow - Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom

Here you can read online Dave Gow - Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom full text of the book (entire story) in english for free. Download pdf and epub, get meaning, cover and reviews about this ebook. year: 2022, publisher: Independent, genre: Home and family. Description of the work, (preface) as well as reviews are available. Best literature library LitArk.com created for fans of good reading and offers a wide selection of genres:

Romance novel Science fiction Adventure Detective Science History Home and family Prose Art Politics Computer Non-fiction Religion Business Children Humor

Choose a favorite category and find really read worthwhile books. Enjoy immersion in the world of imagination, feel the emotions of the characters or learn something new for yourself, make an fascinating discovery.

Book:
Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom
Author:
Dave Gow
Publisher:
Independent
Genre:
Books / Home and family
Year:
2022
Rating:
3 / 5
Favourites:
Add to favourites
Your mark:
- 60
- 1
- 2
- 3
- 4
- 5

Description
Author's other books
Similar books

Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom: summary, description and annotation

We offer to read an annotation, description, summary or preface (depends on what the author of the book "Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom" wrote himself). If you haven't found the necessary information about the book — write in the comments, we will try to find it.

A practical mix of finance, philosophy and psychology. Dave is an Aussie FIRE pioneer. - Aussie Firebug
What would life be like if you never had to work for money again?

That might sound like a fantasy. But gaining financial freedom is far more achievable than you think.

Dave Gow retired at 28, after a decade of working as a forklift driver. He didnt win the lottery, inherit a fortune, or get lucky in the stock market. Instead, he discovered a simple set of principles that helped him spend less and invest more, all while increasing his happiness.

If youre fed up with the rat race and wish you could live a life of freedom and fulfilment, his story will show you the path. In this book, youll learn:

The mindset that helped Dave build wealth and retire at 28.
Proven tactics to optimise your spending for more savings AND more enjoyment.
How to easily build a portfolio of passive-income-producing investments.
The secrets for living a happy and satisfying life while working towards your financial goals.

From the author of the popular Strong Money Australia blog, this book is your complete roadmap to reaching financial independence and retiring early in Australia.

Most people think financial independence isnt possible on a normal salary, but this book shows exactly how its done. - Pete Wargent, author of Get a Financial Grip

Daves story is an honest and inspiring reflection of what it takes to succeed financially. His book is a field guide for understanding the world of money, and yourself. - Owen Raszkiewicz, founder of Rask

Dave Gow: author's other books

Who wrote Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom? Find out the surname, the name of the author of the book and a list of all author's works by series.

Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom — read online for free the complete book (whole text) full work

Below is the text of the book, divided by pages. System saving the place of the last page read, allows you to conveniently read the book "Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom" online for free, without having to search again every time where you left off. Put a bookmark, and you can go to the page where you finished reading at any time.

Light

Font size:

↓

↑

Reset

Interval:

↓

↑

Bookmark:

Make

Dave Gow

Strong Money Australia

Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom

All rights reserved. No part of this publication may be reproduced, stored or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise without written permission from the publisher. It is illegal to copy this book, post it to a website, or distribute it by any other means without permission.

Dave Gow asserts the moral right to be identified as the author of this work.

Dave Gow has no responsibility for the persistence or accuracy of URLs for external or third-party Internet Websites referred to in this publication and does not guarantee that any content on such Websites is, or will remain, accurate or appropriate.

Disclaimer: Dave Gow is not a financial advisor and does not hold a financial license. This book is for general information only and should not be taken as professional advice. If you require personalised advice, seek out a fee-for-service licensed advisor. While every effort has been made to ensure the quality of the information in this book, the author cannot guarantee the accuracy of every detail.

Disclosure: As an investor, Dave Gow may hold a financial interest in funds, companies or investments mentioned in this book. Always do your own research before making financial and investment decisions.

Editing, cover design, and formatting by Jed Herne.

First edition

This book was professionally typeset on Reedsy
Find out more at reedsy.com

Contents

My Story and Introduction

Your present circumstances dont determine where you can go; they merely determine where you start. - Nido Qubein

We dont want you here anymore.

Those were the words my boss said to me on a warm spring day, in the sheet metal factory where I worked.

Those words shocked me. But for some reason, I also felt calm. No stress. No panic. A wave of acceptance washed over me, and if Im honest, even a dash of relief.

Not because I was financially independent and didnt need to work. Not even close!

Lets set the scene

This was my first job as an adult (which I was getting fired from!).

I was renting with friends (and had bills to pay).

I had zero investments and no other income source.

So why wasnt I stressed?

Because I had one thing: savings. Enough to live on for 6-9 months. Maybe a year if I stretched it out. And this wasnt a huge pile of cash eitherwere talking $20,000.

My job loss resulted in what I now call The Summer of Freedom.

That summer meant the next 10 years of my life turned out very differently from the norm. Ill share that experience in a minute. But first I want to take you back to a big decision I made at age 18 and how I later lost my job.

My Big Decision

A few months after getting my license at age 18, I moved to Perth from country Victoria. Well, more specifically, a friend and I packed our bags, loaded the car with junk food, and embarked on a road trip.

We drove to Perth in my mid-90s Holden Commodore. I arrived with about $800 in the bank. We had no jobs lined up. But we had a friends place to stay at, and Perths economy was on fire at the time (2007), so we had zero concerns about finding work.

Why did I move? Well, I was from a small town with limited prospects. I had no job, no qualifications, and very little money. Meanwhile, some friends had recently moved to Perth and I kept hearing about the abundant jobs, the beautiful weather, and all the incredible places to see. I was sold! After all, I had nothing to lose.

Starting Work

Within a week, I found a job. The work wasnt exciting, but I was learning something and working full-time, feeling like an adult. Most of all, I was getting paid! Being unskilled factory work, the pay wasnt high around $20/hour but seeing that money hit the bank account each week was like Christmas.

Wow, this is awesome! I thought.

The work became enjoyable, and the people were good to work with. It did get extremely hot in summer though. I found it ironic that we were making air-conditioning ducts inside a sweltering hot factory. Id jokingly call it the sweat shop.

Despite this, I found a comfortable groove. Over the next 12 months, I even started doing some overtime. Work was busy and the extra pay was nice. My savings were building up. At that point I had no financial goals, so plenty was spent on clothes, takeaway food, and nights out drinking.

But then, something changed.

The Changing Work Environment

Our manager left. And his replacement was, well, an arsehole. He was a total dictator who wouldnt listen to reason. He made changes everybody hated. He acted like he knew better than everyone else. And with him being a large, intimidating guy, nobody dared argue with him. Morale went down. People just accepted this new reality. Everyone kept plodding along, saying nothing, and doing what they were told.

Once, the machine I was operating had some issues that needed fixing. When I made suggestions for repairing it, he said I dont give a shit about your opinion.

Really? Who talks to their staff like that?

Maybe it was the shock from that moment. Maybe it was the drop in morale. But something forced me to stop and think. Why do people put up with this? Why does nobody stand up to the boss? If people were unhappy, why wouldnt they leave?

I started looking around at the other guys. But this time, I really looked. At their faces, demeanor, and body language. It was clear: they didnt want to be there. And now, neither did I.

At the age of 19, I was starting to see the dark side of full-time work. My future flashed before me: shuffling around this old, hot, sweaty factory in my 60s, with the same despondent look on my face. Another soulless cog in the machine. That image terrified me. No way in hell!

It became 100% clear in my mind that this future was unacceptable. No freedom and no choicesno thanks! There had to be another way. I just didnt know what it was. Yet.

At the same time, I also became curious. Why do people stay in jobs and situations they despise? It sounds nave, but I was a teenager at the time.

So, I asked people why they stayed at this job. A few shrugged. Others said, Ive got bills to pay. The common vibe was this pattern of work, spend, eat, sleep, repeat, is an unavoidable reality.

The Downward Spiral

My frustrations wouldnt go away. I dont want to be stuck working here for the rest of my life.

Id now seen the dark side of full-time work. Putting up with conditions, demands, and people we dont like, in unsatisfying or meaningless jobs. All because we need money to pay bills. Why does it have to be this way?

All I could think was, Man, wealthy people dont have to put up with stuff like this.

After all, if you have enough money that you dont need to work, these problems disappear. You can do whatever you like, whenever you like. I started daydreaming about what it must be like to be wealthy.

My attitude at work became worse. At first, going to work was enjoyable. Now it was a chore. I dreaded Mondays. And I resented having to work at all. My productivity collapsed. Mentally, I checked out and my care-factor declined to zero.

Id happily roam around talking to people and take extended toilet breaks (1 hour was the record). Basically, I was milking it. Looking back, this was my way of reclaiming control and rebelling against the bullshit.

But the respect was gone. I couldnt take the workplace or my superiors seriously anymore. Without respect, the instructions and tasks are meaningless. And when things feel meaningless, your motivation disappears.

Light

Font size:

↓

↑

Reset

Interval:

↓

↑

Bookmark:

Make

Similar books «Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom»

Look at similar books to Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom. We have selected literature similar in name and meaning in the hope of providing readers with more options to find new, interesting, not yet read works.

Simran Kaur

Girls That Invest: Your Guide to Financial Independence through Shares and Stocks

Jamie Thomson

Beginner Guide to the Stock Market

Sam Dogen

Buy This, Not That: How to Spend Your Way to Wealth and Freedom

Nathan Bell

ETF Investing: Create Passive Income And Retire Early With Etf Strategy

Armani Murphy

Stock Market Investing--A Beginners Guide to Building an Unshakeable Portfolio & Achieve Financial Freedom With Proven Strategies

Russ Crosson

Your Money Made Simple: The Key to Financial Freedom

Arthur Lambert

Create Your Personal Savings: Invest in Your Savings, How to Save Money, Create Passive Income With Your Savings, Value for Money

Berger

Retire before mom & dad: the simple numbers behind a lifetime of financial freedom

Sabatier Grant

Financial Freedom: A Proven Path to All the Money You Will Ever Need

Dave Ramsey

The Total Money Makeover

Grant Sabatier

Financial Freedom: A Proven Path to All the Money You Will Ever Need

Dave Ramsey

The Total Money Makeover Workbook: Classic Edition: The Essential Companion for Applying the Book’s Principles

Reviews about «Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom»

Discussion, reviews of the book Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom and just readers' own opinions. Leave your comments, write what you think about the work, its meaning or the main characters. Specify what exactly you liked and what you didn't like, and why you think so.