On Sunday, March 11th, 2018 at 2:00 am in the morning I made the decision to draft my letter of resignation and quit my job. This was not a plan that I have been thinking about for weeks, this was a last minute “Fuck This”, spur of the moment type of decision.
For those of you who don’t know, I have been working for a real estate management/investment company called Greystar for the past year. My experience with Greystar has been filled with learning, meeting new people and perfecting my craft.
Originally, I started this job to learn and generate a 6 figure salary at the ripe age of 22/23 years old. With 4 investment properties and a full time job I accomplished that goal! Two weeks ago I was promoted to an office in Manhattan making $60,000/year with amazing benefits and a matching 401K. The income I generate from my income properties is anywhere between $40,000-$48,000/year depending on multiple variables.
“A 23 year old worker making $108,000.00 annually was in the 98% income centile in 2017. This centile ranged from $99,416.00 to $147,299.00 a year.” – Calculated using 2017 US Income Quantile
So factoring in my age and multiple sources of income, in 2017 I was considered to fall within in the top 2% of income generating workers within US.
If you follow my blog, you’ll remember October 13, 2016 I wrote an article about what I needed to do to get to the place I am today, called “6 figures at 22” (There is power in writing stuff down). I reached all of the goals I set for myself, but yet I was still very unhappy.
My day to day life consisted of accounting for millions and millions dollars in checks on a weekly basis. Not my millions, someone else’s millions. That, mixed with office badgering/commuting/and leading an unhealthy lifestyle lead me to believe “this shit wasn’t for me”.
I read a scholarly article written by Gettysburg.edu stating that ⅓ of your life is spent working. The other ⅓ is at school and the other ⅓ is miscellaneous depending on what you do in your free time.
So, I thought to myself (at this point it is 3:00 am in the morning) and asked where is this job going to take me and can I see myself growing here?
I was generating in cash somewhere between $7500-$8333/month and yet I am laying in bed having a fucking panic attack.
So, I realized something extremely important. Money, likes loads and loads of money does not and is not making me happy.
I cannot explain the anxiety I had garnering up the courage to push the “send” button on that email. My heart was pounding, my hands were shaking, and I felt sick to my stomach. I am financially dependent without this job and YET this is how much control it had over me.
The funny part of this story is that my boss, never got the email so it looked like I just didn’t show up to work Monday. I had to explain this whole awkward situation of “Sorry, I quit” over the phone. But, the amount of relief I feel today has made it all worth it.
I also understand that not everyone has the same financial independence I have, but if this is something you are interested in working on. Just talk with me/comment/etc. Anyone can get to this point, with the right tools and knowledge!
Also, scroll through the blog there’s a bunch of articles I wrote over the passed 2 years on how/why I am here.
If you’re asking what I plan on doing. The answer for now is full time realtor/investor.
I’ll probably vlog that journey.