This is the 36th edition of our periodic guest post series called 10 Questions and a Pizza Place. (The 1500′s are pizza fanatics.) We have a list of 17 questions we pose to fellow financial bloggers, and they are free to pick and choose 10 or answer all 17. Let us know if you would like to be featured in a future edition of 10 Questions.
Today we feature Paula Pant from afford anything. Here is a quote from her About page:
I’ve traveled to 30 countries. I own six rental property units. I’m my own boss and I live on my own terms.
…I don’t work in a cubicle and I never sit in rush-hour traffic. I live life exactly as I want. I’ll spend 4 hours hiking on a random Tuesday if the mood strikes. Or I’ll stay up all night writing blog posts. Or I’ll travel to Bali on a whim.
This gives me shivers. Here is someone who has seized life and is running with it.
Paula shares all of her adventures through her blog. Her posts on travel (one of our passions) are great. If you like real estate, her blog is worth reading for that alone.
We don’t solicit people to submit for this series often, but Paula was one of them*. Thank you!
- #1: Tell me about your blog and why it’s great.
Back in 2008, I quit my job, bought a one-way ticket to Egypt, and proceeded to travel the world for the next 2.5 years. When my friends heard about my escapade, they said, “I’d love to do that but I can’t afford it.”
But here’s the truth: They earned far more than I did. They just didn’t align their spending with their dreams. I started Afford Anything to show people that they can afford … anything! You can afford anything, but not everything, so why not spend lavishly on the things you love most?
- #2: What is the worst financial mistake you made?
Being too frugal. I used to spend hours trying to save a couple of measly bucks, never realizing that I was effectively “working” for less-than-minimum-wage in pursuit of scoring cheaper soap or discounted shampoo. When I shifted my focus to turbocharging my earnings, my net worth skyrocketed.
- #3: What would you do if you inherited $1,000,000 (after taxes) today?
- #4: What kind of car do you drive?
I’m livin’ large: I cruise town in a six-year-old Honda Civic, and I paid cash for my car. It’s the nicest car I’ve ever driven.
When I was in college, I drove a $400 car. That’s not a typo. Four hundred dollars. I negotiated the price down from the “sticker price” of $450.
Hundreds of Afford Anything readers have told me that they’ve achieved some kick-awesome victory: They’ve quit their crummy cubicle job, traveled to their dream destination, launched their own business, or hustled to bring in an extra $30,000 on the side. I’m inspired by all my readers and their success stories.
- #6: What is the best financial move you have made?
Deciding to become financially free. After I returned from world travel, I realized I might have to find a job — and vowed never, ever to succumb to that. Instead, I launched my own internet marketing business, and started investing my income into rental properties. By age 28, I was earning $35,000+ per year in completely passive rental income – after all expenses.
- #7: What is your favorite place to vacation?
Wow, that’s like asking “Who is your favorite child?” I’ve traveled to more than 30 countries, and I love each one differently. But if I had to narrow down a list of a few special places, I’d say:
- Bali, Indonesia;
- Bagan, Myanmar;
- Francois Peron National Park, Western Australia;
- Florence, Italy;
- Paris, France;
- Dewa Sanzan, Japan;
- Manuel Antonio, Costa Rica.
- #8: What’s your favorite tip for saving money?
Focus on your housing costs. Housing gobbles up about 30 percent of the average adult’s paycheck. If you can slash this one single line-item, you’ll really “move the needle.”
- #9: What is your favorite pizza place (I am a pizza nut)?
Come to my house. I make a damn good thin-crust pesto pizza with brie, prosciutto and cherry tomatoes.
- #10: If you could go back in time and give yourself one piece of advice, what would it be (don’t say ‘buy Microsoft,’ everyone says that)?
Don’t worry about whether or not something will “look good on your resume.” If you’re caught up in that concern, you’re living for someone else. (In fact, you’re living for an imaginary, fictional projection of someone else.) Instead, live for yourself. Pursue your own path and be true to your own dreams.
Wait, wait … I can’t resist answering Question #11:
Apple all the way!!!!!!
Thank you Paula! Show her some love on Twitter, facebook and over at Afford Anything.
*We also asked the new and excellent Frugalwoods to submit a 10 Questions. Stay tuned…