You Think You're A Newbie?

No. You're not new at this. I'm new at this. I'm so new at this you could consider me an infant. Like just out of the womb and haven't gotten the spank new. 

A month ago I didn't understand the following concepts: Mortgages, Loans, DTI, FHA, Seller Financing... I could go on all day.

My name is Aaron, and I'll tell you a little bit about myself.

I'm a "starving artist" although I've never truly been hungry. I consider myself primarily an actor, but auditions and jobs are always temporary. I'm a Ballroom Dance instructor in the evenings, but I get paid by the lesson and seasons affect business. I'm also an author, but my first story won't be published for another year.

Anyone seeing the problem?

For the last decade I've been in and out of my parents' home. They're loving and accepting of my situation, but that doesn't make me feel any less of a charity case sometimes. I have to chose between rent and investing in my skills, eating healthy and maintaining my car for auditions, so on and so forth.

I always thought I'd have to go through this until I got a really good pay day, and then I read Robert Kiyosaki's Rich Dad Poor Dad. It was then that I realized... that payday isn't coming. I have to make that payday happen, and if I don't change something, I'm going to be stuck in this viscous cycle for life.

My search led me here. 

As I began to read the articles and watch the videos I realized how far I need to go on this journey to financial freedom. My main goal is to build enough monthly income to live on whenever one or more of my artistic pursuits dries out. Mind you, that is my short term goal (3-5 years). If I can build income security I can focus more on those pursuits. For example, the money I earn from teaching dance lessons can pay for new head shots, so on and so forth.

Once I've met this goal I'd like to continue to invest in my eventual retirement, future family plans and the like. I've factored several costs of living into my cash goal, including average rent, food, insurance, and emergency funds, and I need to build up my passive income quite a bit. $3300/mo.

So here we go. It's off to the races from here. If I can do it. You can too.

And I'm going to do it.