Friday, July 25, 2014

About Buff Millionaire

Hi! Welcome to my blog. This is the first entry, so I thought I'd lay my goals out and answer questions that may (or may not) come up soon:

The Buff Millionaire? What? What is that?
Well, that's me. Or, at least... it will be. Two of my goals are to be in exceptional athletic shape, and to be financially independent-or, even better, a millionaire.

Recently, it has become sort of a positive mantra in my life. "I'm going to be a buff millionaire." I say it randomly, in good moods and bad. In good moods, it's a reminder to what my future holds. In bad moods, it sometimes helps me remember the bigger picture or gives me a positive thought to try and replace other negative ones. It doesn't ALWAYS work, but then no one is perfect. More importantly, I have made  it a mantra in my life because I believe that the first step to achieving any goal, is to first declare it and believe that you can.

What do I hope to accomplish with this blog?
Currently, this blog will track my progress as I work toward these goals. I don’t know how often I’ll update, or what the updates will consist of-maybe weigh-ins, things I learn about finance, etc.  It may evolve into something entirely different, but for the time being, it will be a way for me to hold myself accountable, remind me to work on things (hopefully), and will allow me to share progress with anyone who may read.  If you're currently working on your own fitness or finance goals-or anything else for that matter-I'd love to hear from you. It's always great to build community, and share journeys 

Do I have specific goals?
Well, yes and no.

As far as my weight/body goes, my first goal is to get back down to 165-170 pounds, as that is what I weighed roughly 5 years ago before moving in with my now-husband and gained a lot of weight. At my highest, I was 215 pounds, and while it has (thankfully!) been a long time since I've seen that weight, I have been gaining and losing the same several pounds and have been hovering in the same area for a while now. So I decided it's time to break the cycle and get where I need to be. Actually, I decided that a long time ago, and have already been working out regularly lately,  but now I have this blog to track where I am.

So, after I hit the 165-170 goal, this is where the non-specific comes in, I will continue to exercise, but will allow my body to get as small as it's meant to, without a number in mind.  So if I get to be a tiny 110, or 140, or 170, it doesn't matter to me, as long as I am HEALTHY. I feel like I'll know when I've reached my body's natural frame, and then from there can work on perfecting my muscle tone.

For the financial side, Well... it recently entered my mind to be a millionaire by the time I am 40. So that's actually a reasonable goal. That gives me 12 years and a few weeks to accomplish this. A lofty goal, perhaps. But I think it can be done and I will work, work, work to make it happen.

How will I meet these goals?
The most basic answer is the best one, in this case: Continuing to work out on a regular basis, and learning how to invest to grow wealth.

Where am I starting from, or where am I currently?
As far as numbers for weight and finances, I will actually make a whole post dedicated to just that. So be on the look out for that soon.

For education and development to meet the goals, well, I am starting from basically ground level and will learn as I go. Especially about investing.

While I have a background in fitness, and was actually very close to being a trainer (just needed to take the certification test), this was many years ago. I still know a lot, and the most important things, but everyone can use some polishing here and there, including me.

About Money... well, I know a lot of tricks I have employed to save money, and they do help here and there. And one thing I will be doing as soon as possible is to FULLY automate my finances (as opposed to what is now just direct deposit to savings and checking and having bills on auto pay) so that I can have that big win of not worrying about if XYZ will come out before I get paid, or if I have to lose some savings to pay off something else, etc. So this will help clear up funds for investing.

And investing itself? Well, I know basically nothing. After reading a well written book-Ramit Sethi's I Will Teach You To Be Rich, Which I highly recommend as a starting point for anyone who may be confused about all the finance mumbo-jumbo that's out there- I finally understood enough to know how to get mine and my husband's 401Ks set up this year-so that's a great start! I'm learning the rest as I go along through lots of reading and searching. I fully expect I'll stumble and make mistakes here and there along the way-it's all part of the process- but the most important thing is to START, and get better as I go.


So there you go! That's what this blog is all about. Would you like to join me on my adventure? Let's Go!

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