I admit it. I get jelly.
I’ve spent the majority of my life as a single man. Because of this, I’ve developed habits that are classically more effeminate that my married counterparts. I’m a former chef, so my culinary skills are on point. I pick up after myself and clean (comes with being a minimalist), I can do some basic sewing, I enjoy a little loom knitting here and there (I make my own knitted items. Ain’t nobody got time to be cold). Poor people typically don’t have anyone else to rely on but themselves. Clearly, I am not different. I learned because I had to.
What has driven most of my ex-girlfriends to me is the same thing that has pushed them away. I’m an independent guy who takes care of himself. I do what I want, when I want.
Related: Fire – the path I’m not traveling
I’ll admit it. Sometimes I fantasize about the life of all of my childhood friends. All grown up now with big boy jobs and kids of their own and a wife…or ex-wife. I’m 34 and I’ve never been married and have no kids. So I think it’s only natural for me to think about this occasionally.
Lately, what I’ve been fantasizing about is meeting a woman who is on the same page as I am. Someone who wants to combine our financial powers to build wealth. Someone who’s willing to skip the parenting thing.
In the pf world, these folks are known as DINKs.
Dual Income No Kids
Imagine being someone who has an aggressive debt payoff strategy with a hunger for building wealth.
Then multiply that by two!
It is, however, a life that I’m honestly not interested in. The reality is, at least for the foreseeable future, I will be what’s known as a SINK.
Single Income No kids
Not only am I ok with this, I’m pretty happy about it. All fantasies aside, I’m too old and too happy to live my life in any other way than exactly what I want. And it’s not like marriage doesn’t come with its fair share of downsides. While I haven’t experienced this, I’ve witnessed it by every married couple I’ve ever known on a personal level.
As a SINK, it’s my job to take care of myself. Financially, I scraped by on ten bucks an hour for a long time. Too long. I’ve been in debt for a long time. To combat some of the silly mistakes I’ve made thus far in life, I need to build income streams.
Even If I were to suddenly receive a raise or a windfall, I would still want multiple streams of income. One just isn’t enough. Not for what I’m looking to do and not in this day and age.
Income streams, especially ones of the passive variety, are like any other snowball effect. They take nurturing and time to build. As far as investing goes, it seems that most experts agree that it takes about a decade for that snowball to really take off.
Related: Success with the snowball method
That’s fine, I have more time than money.
Currently, I have four streams of income:
- My FT job
- Ads on this site
- My acorns account
- My cash back credit card
This isn’t bad for someone who just started the process at the beginning of 2017. However, it’s also opened my eyes as to just how far I have left to go.
I want to double my income streams. At least. I have no idea how long this is going to take, but I feel it’s going to be a fun and exciting challenge. With 8-10 income streams, losing my FT job won’t break me.
It’s hard for any one incident to break someone when they have that many sources of income rolling in. I’ve got some ideas floating around in my head but that’s about as far as I’ve gotten.
Wrapping it up
I know most of you married folks out there enjoy being married. You love your spouse and your kids. I’ve tried hard to be that guy and I just can’t do it.
I’m the type of man who is willing to work hard for what he wants, provided it’s exactly what I want. There’ are some things I’m not really willing to compromise on and that’s precisely what I’ve been doing since I graduated from culinary school ten years ago. I accepted bad and good and decided my life was fine just the way that it was.
Not anymore. Sorry ladies. I’ve got work to do.