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What is freedom? Is it being able to wake up whenever you want? Is it being free of bosses or managers? Each of us defines freedom differently.
For me, freedom has always been about money. For Years I have struggled with loans and credit cards. And it was my own fault. Even when I got raises at work, somehow my overall total debt kept growing. And carrying something like that around is stressful. It becomes a chain on your neck that is a point of consideration in everything you do. Want to date? Well, how do you tell them you have so much debt? Want to leave your job? You can’t. There’s no universe where you can survive even one month without an income coming in.
Let’s Make It a Hero’s Journey
My starting position is very low. I’m still living with my parents because I can’t afford to rent my own place. I’m not in a relationship because even when I did date, it was kind of a dealbreaker. And at some point I gave up on trying to find someone who would accept me with my huge chain. And I can’t blame them. No woman wants to start a family with no ability to achieve the important milestones of life like owning a home or being able to afford a child. My body also reflects the amount of chronic stress my debt puts on me so I can’t blame women for not finding me as attractive as other guys.
So, now I need to find ways to both spend less and make more money. I’ve been doing the former for a few months already and that’s why my situation has not been worsening - but it’s still tough.
Add the fact people around me have no idea to the mix and that’s already another spike of stress. Sometimes I just want to run away and tell people in my life I’m not looking for a love match right now because I’m looking for a way out. Because at age 35 that’s everything you hear at holidays or family gatherings.
There’s not much time left in 2022 and I want to get the ball rolling. Let’s explore how I can do that.
The Paths I Can Take
There are a few paths that lead to salvation. Let’s explore each in turn.
Day Job Exit
The company I work for exists for five years. And hopefully, one day soon, it will be bought by a larger company interested in what we do and all of us will get the monetary compensation we deserve for our options in the company. When that happens, it will solve everything. There’s no doubt in my mind that every bit of debt I have today will be eliminated when I get that kind of money.
Selling a Digital Course
I’m a software engineer by trade. If I can teach people to follow a transformation journey to become Backend Engineers like me, It could also be a great source of income. Such a course that spans multiple big technologies and teaches a zero-knowledge person to build backends would easily sell for a few hundred dollars. And each of those sales could bring me closer to freedom.
Patreon + Ko-Fi / YouTube Memberships
Having supporters on Patreon and Ko-Fi is a great way to balance my income. If I had 50 Patreon supporters at $5/month I could easily cover my recurring subscription costs associated with my YouTube channel and blog.
Starting an E-Commerce Store
I ran an Etsy store in the past but I had made mistakes in selling and actually lost money instead of earning a profit. I had also made the mistake of not connecting my direct bank account to my store and connecting a Payoneer account to it. This made a problem in making sure I actually pay for my fulfillment costs because the card paying the money and the account receiving the money were two different accounts. Now, since the bank account is international, Etsy asks me to open an entirely new store. Which means building my reputation from scratch.
But I’m thinking of starting a Shopify store instead and connect it to my YouTube channel as well.
Ad Revenue From YouTube and Blog
The short clips I publish on my YouTube channel add a small bit of cash to my monthly payments from YT. They don’t last long and they kinda die after the first few days they were published. But people enjoy them and they probably have no idea how every bit counts for me. I need to write more to also attract google traffic to my blog as for now it’s a trickle.
My Focus For Now
So, as I’m still on holiday vacation from YouTube and soon I’ll also be on vacation from my day job, I’m thinking on walking the most logical route and take the credible information I have in Software Engineering and building that Backend Engineer transformation course. I have a bachelor’s degree in Computer Science and I have worked in the field for five years. I walk the talk and so I believe that people might enjoy my take on the journey to becoming a backend engineer.
Also, making a course that I can sell in several hundreds of dollars (and is actually worth the money), is a solution that requires about 100 people to believe in my vision - that’s it. 100 people could immensely change my life if I deliver on this.
Freedom - for me - means being able to talk to people freely without chains on my back that will interfere with every decision I make daily. Freedom means not opening up the bank app first thing in the morning and checking whether you have crossed the threshold into the overdrawn territory that could easily wreck your already feeble credit score. Freedom means sleeping well at night and not having bleak thoughts about the future. Freedom is not worrying about money and how people will perceive me for the lack of it. Freedom means being able to afford renting your own place. And perhaps most important of all: Freedom means being able to engage in the things that matter to you and not just what you have to do to survive.
And now I’m finally doing something about it. What struggles do you face? Let me know in the comments below! Let’s help each other out!
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