I am 41. Yesterday I hit for what is me financial independence. Today hit the nail on the head and sealed it.
I am still in a state of shock. This is not a look at me post -instead, I hope someone reads it and give me advice. I consider myself extremely stupid and beyond lucky but a very hard worker.
This was unexpected. I believed I would be financially independent at 43-44. I also thought that I would be at 38. I was just limping towards the finish line (lots of credit cards and personal loans with about three years left). Essentially I'm a crypto guy and I had mstu calls. The majority of the debt is cleared.
What I need help with:
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I feel like I'm too lucky and at danger of being a lottery winner who blows everything.
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My major money plan besides keeping some crypto-which goes against everything I advocate for-was to pay off my rentals so I can get consistent income. Once again, I hate this idea, but I've never been cash flow positive. I've been cash flow negative my entire life.
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To follow on #1, I feel the danger of extreme envy if I share this with people who I really trust. I fucking worked my ass off for 16 years, but that doesn't mean people won't be envious.
I shared this with one guy and told him 50% of the truth and I didn't like where the convo was going. He was getting pissed. Not happy for me. Pissed. 2 other friends were genuinely happy. These are long term, 10+ year friendships.
Many of my close friends do the same or similar jobs, and/or are in similar places. There is now a wild gulf if they know the truth. Many of them are my age and have relatively little assets. The chance of escaping for them is very low.
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I have done one indulgence for myself. Besides this, I think the rational move is to to move to a better community. However-we are mortgage free. if we move to a place we want, we would have a substantial mortgage. Which then brings me back to not being free. I think renting is a great value right now but I have PTSD from not being a renter-I rented rooms and was treated like shit. Lived in awful places.
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My wife has 2 kids from her first marriage which was full of extreme bad Money issues. Long story short, guy made millions, got millions of equity, and gambled it + lifestyle away. Was making tons of money but was fronting a lifestyle like he was making $600k a year. Lost everything.
I do not want these kids and our future kid to grow up with bad money values. I have seen several families who are raising kids not who are assholes but have delusional concepts of money.
help
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