Hi, my name is Gladice Gong.
Growing up, I was taught that I should study hard, get good grades and land a well paid job.
And that is exactly what I did for most part of my life.
For many years, I worked in the financial industry.
Then four years ago, both my husband and I lost our job unexpectedly.
Because the company both of us worked for suddenly closed down.
That was a big wake-up call for us.
And it made us realize the importance of having control over our own financial future and not relying on our jobs as the sole source of income.
That was when I first started to read all the personal finance books that I could find.
As I read more books and personal finance blogs, I learnt that the key to achieving financial freedom is to accumulate as many income-producing (i.e. dividend stocks, rental properties &profitable businesses) assets and reduce as many liabilities(i.e. credit card debt & student loan) as possible.
From then on, I focused all my time on doing that.
I started my own online business, and used the money I’ve earned to pay off my housing loan and invested all my extra cash diligently into dividend stocks and index funds.
So, why did I want to start an online business?
First of all, it allows us to be location independent (We love to travel. It’s our dream to be able to travel anywhere anytime!) . And it also allows me to spend a lot of time with my son and watch him grow up.
Secondly, it requires little startup capital compared to brick-and-mortar businesses which have a huge sunk cost before you even start to make any money.
Thirdly and most importantly, my online businesses can bring both passive income and earned income for me and my family.
For my very first online business which was service arbitrage, I started it with zero capital and zero experience.
In fact, I even felt guilty of asking for the sale because I was not comfortable with selling.
But, I knew that I had to overcome my fears and my limiting belief to make this work no matter what.
I still remember the day when I got my very first sale for my business.
It was not much, only $35 dollars.
But, it gave me the confidence and motivation that I needed to continue working on my business.
Soon, the business started to give us around $1,000 per month, and growing.
Fast forward to today, I am able to work from my laptop at home with consistent income from my online business and passive investing, so I can spend more time with my son and travel as a family whenever we like.
It’s my hope that I can help you avoid the mistakes I’ve made and show you how you too can create multiple income streams for yourself and your family.
That’s why I started this blog to share what worked for me and what didn’t work in my freedom journey with you.
If you have any questions, I can be easily reached at gladice AT earnmorelivefreely DOT com