Wow! What a great year!
Despite some of the stuff I’ve seen from other folks on social media lately, 2016 was a fantastic year for me — and for Money Boss.
Personally, I had a lot of fun. Kim and I started the year in Savannah, Georgia during a hiatus from our cross-country RV trip. In late March, we hit the road again. We spent three months winding our way through the South on our way back to Portland. The experience was terrific. We had tons of fun, met a lot of friends (new and old), and even picked up a puppy along the way.
That puppy is both a blessing and curse. We love her, but she’s come to dominate our lives. I resented that at first, but have learned to mesh my life with hers so that I can once again be productive.
After months of grousing about not being able to find a schedule, I finally shut up and fixed the problem. After attending Ramit Sethi’s Forefront event in early October, I realized I was being just as bad with my business as some people are with their personal finances. I was making excuses instead of making things happen.
So, I spent a few weeks deliberately organizing my life and setting up systems. My goal was simple: After speaking in Ecuador in early November, I wanted to return to real life and treat Money Boss like my top priority. And that’s what I did.
For six weeks, I focused on creating as much quality content as I could for this site. During those 42 days, I produced twenty articles — about one every other day. At first, this pace was a struggle. But after I got back in the rhythm of things, it felt great!
Not counting this end-of-the-year roundup, I published 63 pieces at Money Boss in 2016 — or about five posts per month. These articles contained a total of 111,086 words, which is a bit more than Harry Potter and the Prisoner of Azkaban or The Adventures of Huckleberry Finn. The average article length was just over 1750 words.
This pace is nowhere near my former production at Get Rich Slowly. In the good ol’ days, I churned out about 40 articles per month and wrote nearly half a million words per year. (No joke!) But my goals here at Money Boss are different. For one, I want to have fun. I don’t want to burn out. Plus, I’m trying to focus more on quality than quantity.
The Best of 2016
Based on a combination of reader feedback and my personal preference, here are the best articles from Money Boss this year:
- What to do when the stock market crashes — My response to the doom and gloom scenarios promulgated by the mass media every time the market drops? Buy! The S&P 500 is up 20.41% since I wrote this article (and finished with a 9.54% gain for the year)
- The millionaire mindset — A quick survey of 53 habits that foster wealth and success, as gleaned from authoritative books and articles.
- In March, I published what I think are two of the best articles I’ve ever written: How to build confidence and destroy fear and How to be happy and lead a meaningful life. The material here forms the core of many of my talks. I still need to finish the final part of this trilogy, which is about personal and financial freedom. (Then I can compile all of this and publish a new ebook!)
- Speaking of ebooks: In April, I published the completely free Money Boss Manifesto [3.6mb PDF]. This “brief guide to financial freedom” collects all of the core material from the Money Boss crash course into a convenient PDF. I don’t even ask you for an email address because my goal is to get this into the hands of as many people as possible.
- In July, I published a rant about how traditional retirement advice is wrong. It makes zero sense to base your planning on income; you should base it on expenses instead. While this received a lot of positive attention, I also got some excellent constructive feedback from smart folks I admire. That feedback didn’t change my mind, though. I still think it’s stupid to base financial planning on income instead of spending.
- A month ago, I wrote about the five types of retirement: traditional retirement, early retirement, temporary retirement, semi-retirement, and mini retirements. Since then, I’ve been on an informal quest to write about each type of retirement in more depth using a popular book as a example.
- Finally, last week I published a piece explaining social capital: What is it and why should you care? From my experience, social capital is just as valuable as financial capital — sometimes more so. Because this is such an important idea, I wanted to write about the basics so that I can refer back to them again and again.