Feb 112014
 

Some people think a raise in income should automatically equal a raise in their spending. But if our spending always follows our earnings then we would have to change our lifestyle habits every time we change jobs or get salary adjustments. Does this mean Elon Musk, CEO of Tesla Motors, who made $78 million last year should only drink water fromย Acqua di Cristallo? It’s the world’s most expensive bottled water. Each 750 ml bottle sells for $60,000. Jumpin’ jelly beans ๐Ÿ˜ฏ After all, Elon has to find ways to spend his money in order to match his income right? ๐Ÿ˜›

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Thinking about income and expenses on a year by year basis leads to myopia and it’s how many people get stuck living paycheque to paycheque ๐Ÿ™ They fail to see the longer term picture because they can’t escape their short term cycle of income fueled spending. What they should try to focus on instead is goal oriented spending ๐Ÿ™‚

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Nov 122013
 

Space Is Within Reach

Some readers will probably know that one of my long term goals as stated on my “About Me” page is to go into outer space ๐Ÿ˜€ I haven’t gone up there yet because 3 factors in the past have always kept me grounded ๐Ÿ˜‰ย Money: It costs about $200,000 to get into space. Safety: Based on historical data 1 out of 20 astronauts (5%) have died on missions. And practicality: There hasn’t been any commercially viable way for the general public to space travel yet.

However, all that is starting to change. Last month my net worth passed the $200,000 milestone. Money is not an issue anymore for me ๐Ÿ™‚ Safety standards and technology have also improved dramatically for space flight. There hasn’t been a space related death in a long time. And finally thanks to daredevils like Felix Baumgartner, film directors like J.J. Abrams, astronauts like Chris Hadfield, celebrity entrepreneurs like Richard Branson, and actors like George Clooney and Sandra Bullock, there has never been more social interest and curiosity about the final frontier!

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Half a century ago we saw the first human spaceflight ever. Since then many astronauts have gone into space, orbited the earth, built the International Space Station (I.S.S.), and have even gone to the moon ๐Ÿ˜‰ We are living in a very fortunate time right now because space travel today is more accessible than ever beforeย for the average person. We don’t have to be a NASA trained astronaut anymore to enjoy this once in a lifetime experience ๐Ÿ™‚ย This post will explain space tourism and how I plan to fly in a passenger space plane.

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