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work optional

concept · in 12 sources (2018–2020)

Assets that produce enough income that work becomes a choice; profit from work goes into assets.

Sources by year: 2018: 1 · 2019: 1 · 2020: 10

Also known as: financial freedom, job optional, income vs asset equation

Questions

Often together

What comes up in the same parts of the videos; the number is how many parts.

passive income (8) · Skillshare classes (2) · NHS (2)

What the videos say

The most important statements of each year; all statements.

2020

  • 2020-02-20 · (Un)productive Day in the Life as a Doctor — Ali: Invited by the Girton Medics and Vets Society, Ali gives a talk at Girton College on time management, side projects and enjoying life as a medic, covering his philosophy of financial independence, passive income, job fulfilment and doing fun things in spare time. — 00:05:13
  • 2020-04-17 · Answering your Questions — Ali's one goal was to be financially independent, not relying on his job for income, and he says that is now roughly true: he does not need his job as a doctor to survive income-wise. — 00:23:16
  • 2020-04-29 · Productivity, Books and Careers Advice - Ali Abdaal x Noah Kagan // Deep Dive — Ali: Wanting to avoid that future set Ali on the path of businesses, passive income and financial independence: medicine is fun, but he doesn't think anything is fun full-time. — 00:09:52
  • 2020-05-01 · How Much Money I Earn in a Week as a Doctor & YouTuber — Ali: Financial independence has been one of Ali's few life goals since he first read Tim Ferriss's The 4-Hour Workweek, which he calls an incredible book you should read. — 00:25:54
    • Financial independence means decoupling the money you need to survive from your full-time job: Ali now earns far less from work than from his other income, so he goes to work because it is fun. — 00:27:16
    • The main benefit of passive income, Ali says, is that work becomes optional: you can leave, go part-time or start something else, instead of being shackled to a job you need to pay the bills. — 00:27:45
    • If these numbers sound good, Ali recommends starting your own journey to financial independence. — 00:30:12
  • 2020-07-03 · I'm Moving to America 🇺🇸 - Life Update — Ali: None of these decisions is permanent for Ali: thanks to multiple streams of passive income he does not need medicine to survive, so he can leave America if he dislikes it. — 00:28:01
    • The world is open to a doctor, and even more open with the financial freedom not to be tied to a place by money. — 00:28:28
  • 2020-08-06 · My Last Day as a Doctor - Reflections — Ali has long not wanted his job to be what he must do to make money: he wants the option to do what he wants, with the money he lives on decoupled from how he spends his time. — 00:26:43
    • With the YouTube channel taking off, plus courses, Skillshare classes and affiliate products, Ali no longer needs medicine to make money, so he now practises medicine for fun. — 00:27:07
  • 2020-12-28 (said on 2020-12-15, implied) · How Much Money I Earn as a Doctor + YouTuber — Ali: The doctors' answers made Ali realise he does not want to work a job full-time with no other option because of money, which is when he started taking online income seriously. — 00:10:01
  • …and 3 statements more in 2020 — all statements of 2020

2019

2018

  • 2018-08-24 · Answering personal questions - 50k subs Q&A — Ali's goals after university are to be a good doctor, to become financially independent by living off passive income, to take a few years out of medicine at some point and to keep growing his YouTube channel; he has no single overarching mission yet. — 00:01:47