The Someday Fund

The Someday Fund is a principles and methods shared by John Zeratsky to help him and his wife achive financially freedom which mean where they don't depend on their paycheck anymore.

He sum up the methods become 3 simple methods.

1. Create multiple stream of incomes

2. Create Surplus. Spent less than we earned

3. Invest the rest on the market (stocks)

In each method, there are more explanation there.

For example in the "create surplus" method. He wrote some tricks to help him do it such as to keep the fixed expenses low. To attain that, he even stays in her one-bedroom apartment with his wife, sharing one used car, and stops unused subscriptions and membership. He can save up to 50% of the usual expenses through these ways.

Also to create a surplus, he needs to create more income sources. He ended up writing a book and then got the continuity royalty.

The last method is to invest back the money. There are many instruments on which he can put the money. His option goes on the Stock Market. He observed the same thing among people who get their financial freedom, he found that mostly they have stock within the companies, and get the dividends from them.

To have the stock, either they build their own companies or buy stock through investing.