Entries by mdfarragher

Executive managers are going extinct

Here is an image that often gets thrown around to illustrate the consequences of IT automation in the workforce. The map shows the most prevalent job in each state of the USA. You can clearly see that there are a lot of truck drivers. A recent estimate puts the total number of truck drivers in […]

Well-meaning advice and other horrors

When I was young my mother always told me to take advice and criticism from other people seriously. Her philosophy was that other people had already learned what works and doesn’t work in life, and you could save yourself a lot of time and trouble by heeding their advice. I took this to heart, and to this […]

Harvest: a beautiful invoicing app

It doesn’t matter if you’re a freelancer or if you have your own incorporated limited company, at some point you’re going to need to invoice your clients. There are many apps out there that can automate this for you, but which one should you choose? Do you go for the all-in-one solution that automates your entire business, […]

Four simple tips for happy stress-free travel

I’ve done a lot of travelling in my life, and every time I booked a flight I would take an economy class seat (or “cattle class” as a good friend of mine calls it. But I have a dream. One day I want to be able to book a business class seat on an international […]

9 months of course portfolio growth

Nine months ago in March I published my first C# programming course titled C# Performance Tricks: How to Radically Speed Up Your Code. Two months later I felt confident enough to quit my day job and focus entirely on producing courses. My goal is ambitious: I want to survive on passive income generated entirely by […]

Income recap for October 2015

It’s time to review the previous month and analyse my income. How did I do? As you may remember I have set the bar very high this year. I’ve quit my day job to devote my time entirely to growing my passive income. I want to be able to live off passive income alone which […]

Income recap for September 2015

It’s October so it’s time to review the previous month and analyse my secondary income. How did I do? As you may remember I have set the bar very high this year. I’ve quit my day job to devote my time entirely to growing my passive income. I want to be able to live off […]

The dark side of dividend income

In August last year I decided to become a Dividend Growth Investor and become financially independent. Every month on the 8th and the 24th I set aside €1000 and invested it in new dividend-generating stocks. If I do this for 15 years my stock portfolio will grow large enough for me to be able to […]

Analyzing 7 months of Udemy income

Seven months ago in March I launched my 6th income source by publishing my first online course titled C# Performance Tricks: How to Radically Speed Up Your Code. Two months later I felt confident enough to quit my day job and focus entirely on producing more courses. My goal is ambitious: I want to survive […]

The compound growth of educational income

A few days ago I launched my 4th online C# programming course called C# Memory Tricks: Learn How To Master The Garbage Collector on the Udemy platform. Ever since launching my first course in March I watched my online income grow, and I’ve come to realise that educational income follows the same compound growth curve […]

2015 mid-year review

In 2014 I worked 5 days a week at my primary job earning a steady pay-check. Life has been good with an average gross income of 4E – four times our average monthly expenses. After taxes that leaves us with a 50% savings rate. At this rate we will reach financial independence in 15 years […]

My dividend income for April 2015

Last year in August I decided to become a Dividend Growth Investor and become financially independent. Almost every month on the 8th and the 24th I have invested €1000 in new stocks. If I keep this up, 15 years from now my stock portfolio will grow large enough for me to be able to pay […]