themakingofamillionaire.com Open in urlscan Pro
162.159.153.4  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Open in app

Sign up

Sign In

Write


Sign up

Sign In


Mastodon

Member-only story


REACHING FINANCIAL INDEPENDENCE WORKING IN SALES

Ben Le Fort


·

Follow

Published in

Making of a Millionaire

·
7 min read
·
Dec 12, 2018

50



Listen

Share


Photo by rawpixel on Unsplash

> His largest single paycheck was more than $35,000!

Most of the people I discuss who have reached Financial Independence has done so
while working in a job with a base salary or hourly wage. Having a predictable
income makes it a lot easier to create a financial plan. It sets up clear
parameters to create your budget. If you know you have $900 coming in next week
it’s easier to decide where you want to spend that $900.

I often get a lot of questions about how self-employed or sales professionals
can plan for retirement and achieve financial independence. If you are in sales
and need some motivation on your journey to financial independence this story is
for you.

Meet Mr and Mrs. “Counting our Pennies” or as they refer to themselves Mr. and
Mrs. “PoP”. Mr. PoP recently pulled the trigger on Early retirement after a
brief but incredibly successful career in sales. Mrs. PoP is still enjoying her
job and has no current plans to retire.

They have had quite the financial journey to arrive where they are today where
they can easily go from a double income household to a single income household.

Mr. & Mrs. PoP have different viewpoints on what they want out of money and
careers. Mrs. PoP’s number one money goal is to never feel financially insecure.

The definition of “financial security” is deeply personal and will vary by our
individual circumstances.

Put simply, financial security refers to the peace of mind of not having to
worry if you have enough money to pay your bills. Even if unexpected “emergency”
expenses pop up like a leaky roof, a financially secure individual will not need
to worry about where the money will come from.

In my view, those who desire financial security will be more likely drawn to the
FI part of FIRE. Financial Independence (FI) is when you have enough passive
income to cover your living expenses. Once you hit FI, you have the comfort of
knowing that even if you lose your job you’ll be able to pay the bills. That is
the ultimate form of Financial Security.

Mr. PoP had a different goal when it came to money. He dreaded the idea of 40
years working at a 9–5 job. What he desired more than…

READ THE FULL STORY WITH A FREE ACCOUNT.

The author made this story available to Medium members only.
Sign up to read this one for free.



Continue in app
Or, continue in mobile web



Sign up with Google

Sign up with Facebook

Sign up with email

Already have an account? Sign in





50

50



Follow



WRITTEN BY BEN LE FORT


84K Followers
·Editor for

Making of a Millionaire

Editor of Making of a Millionaire. Author of “The Investor's Mindset." Here's my
Substack: https://benlefort.substack.com/

Follow




MORE FROM BEN LE FORT AND MAKING OF A MILLIONAIRE

Ben Le Fort



in

Making of a Millionaire


THE 2023 SUBMISSION GUIDELINES FOR MAKING OF A MILLIONAIRE


THINGS HAVE CHANGED; HERE’S WHAT WE’RE LOOKING FOR

3 min read·Jun 28

479

125




Michael Lim

in

Making of a Millionaire


STUDY THE ‘LADDERS OF WEALTH CREATION’ FRAMEWORK IF YOU WANT TO BE RICH BEFORE
60


“SAVING YOUR WAY TO WEALTH TAKES 30–40 YEARS. SELLING YOUR WAY TO WEALTH TAKES
3–4 YEARS.”


·5 min read·Aug 30

693

12




Eve Arnold

in

Making of a Millionaire


I’M SO AVERAGE IT HURTS AND YET I’VE ACHIEVED MY DREAMS. YOU CAN TOO.


IF I CAN DO IT, YOU DEFINITELY CAN


·4 min read·Sep 16

2K

59




Ben Le Fort



in

Making of a Millionaire


REAL ESTATE VS. STOCKS — BUT DISCUSSED RATIONALLY


HOW OWNING A HOME AND RENTAL PROPERTIES COMPARE TO THE STOCK MARKET


·7 min read·Aug 17

610

16



See all from Ben Le Fort
See all from Making of a Millionaire



RECOMMENDED FROM MEDIUM

Alex Miguel Meyer

in

Better Humans


THE 4-STEP FRAMEWORK TO SOLVE ALMOST ANY PROBLEM LIKE TOP STRATEGY CONSULTANTS


A PRACTICAL GUIDE TO THE POWERFUL 4S METHOD WITH EXAMPLES FOR ANYONE.


·9 min read·Sep 14

2.3K

28




Opher Ganel

in

Making of a Millionaire


MONEY: KNOW HOW NET WORTH, INCOME, AND FINANCIAL FREEDOM CONNECT?


THREE DISTINCT (THOUGH INTERRELATED) CONCEPTS ABOUT WEALTH…


·9 min read·Mar 29

654

11





LISTS


HOW TO CAREER PLAN WHEN YOU’VE ALREADY STARTED A CAREER

10 stories·113 saves


STORIES TO HELP YOU LEVEL-UP AT WORK

19 stories·222 saves


HOW TO FIND A MENTOR

11 stories·188 saves


HOW TO BOOST EMPLOYEE EXPERIENCE WITH CAREER CONVERSATIONS

7 stories·40 saves


Jano le Roux

in

ILLUMINATION


SCIENTISTS GAVE HOMELESS PEOPLE $7,500, HERE’S HOW THEY SPENT IT


WHAT IS THE BEST WAY TO GIVE BACK?


·5 min read·Sep 4

17.4K

239




Mezar Alee

in

InsiderFinance Wire


3 ROCK-SOLID DIVIDEND STOCKS TO BUY AND HOLD FOREVER FOR STABLE AND GROWING
INCOME


DIVIDEND INVESTING IS A TIME-TESTED STRATEGY FOR BUILDING LONG-TERM WEALTH.
HOWEVER, NOT ALL DIVIDEND PAYERS ARE CREATED EQUAL. SOME…

6 min read·3 days ago

50





Unbecoming


10 SECONDS THAT ENDED MY 20 YEAR MARRIAGE


IT’S AUGUST IN NORTHERN VIRGINIA, HOT AND HUMID. I STILL HAVEN’T SHOWERED FROM
MY MORNING TRAIL RUN. I’M WEARING MY STAY-AT-HOME MOM…


·4 min read·Feb 16, 2022

64K

943




Ryan Holiday




THESE 14 SMALL MINDSET SHIFTS WILL CHANGE YOUR LIFE


FOR THE MOST PART, WE CAN’T CHANGE THE WORLD. WE CAN’T CHANGE THE FUNDAMENTAL
FACTS OF EXISTENCE–LIKE THE FACT THAT WE’RE GOING TO DIE. WE…


·9 min read·3 days ago

1.9K

34



See more recommendations

Help

Status

Writers

Blog

Careers

Privacy

Terms

About

Text to speech

Teams