Thriving Millionaires

By Eric

It is with a heavy heart that I announce that Patrick and I will be stepping away from continuing to contribute to Thriving Millionaires for the foreseeable future. There are reasons why we landed at this decision, but before we get to those, I first want to thank you for being a part of our journey. We started this website to help people improve their personal finance literacy and eventually learn to thrive with their personal finances. At the focus of everything we did and ever post we wrote was you, our reader.

Thank you.

Thank you for joining us on this journey.

Thank you for sharing our website with your friends and family.

Thank you for entertaining our perspectives on personal finance.

Thank you for being the force that kept us committed to publishing twice per week, every week, even when it meant staying up late or waking up early to stay on track and on time.

Thank you.

And now for the why:

As you can imagine, writing two posts per week required a major time commitment. Unlike traditional personal finance blogs, we wanted to provide two perspectives on every topic, which meant that Patrick and I both had to write twice per week. In order to deliver the highest quality content we could, this meant researching, calculating, writing, editing, and posting. Frankly, the time commitment became larger than the time we had to invest in Thriving Millionaires. We were unwilling to sacrifice quality, so rather than turn out sub-par posts, we decided it was in the best interest of our readers to step away from creating content.

We talk a lot on Thriving Millionaires about optimizing your financial well-being to allow for more time with friends and family. The truth is, we needed to take our own advice to ensure we were bringing our best selves to our friends and family. Our lives are only going to get busier in the near future, and we were at a crossroads being asked to choose between quality content creation and maximizing time with our loved ones.

In addition, while we loved our reader base, we didn’t feel that we were having the impact on the world that we set out to have. We hoped to change people’s views on personal finance by challenging them to make decisions to help them thrive. We hope we did this for you. But, like most new websites, we struggled to get as many readers as we were hoping to, which helped us make our difficult decision.

We plan to maintain our archive of posts on Thriving Millionaires and keep the website up as a resource for you to read and share with anyone in your life that you think would benefit from our perspectives as a thank you to our readers.

I’d like to share that we did not make this decision lightly. We recorded a pilot podcast to evaluate other forms of media to share our message, but found that the time commitment to recording and producing a podcast was even higher than the website.

Beyond our readers, there are a few people I’d like to thank for their support.

First and foremost, my wife and daughter. They supported me in this project by being willing to sacrifice time with me at home on weeknights and weekends. They encouraged me directly and indirectly to pursue this opportunity and they sacrificed as much as anyone in the creation of the content available on this site. I love you – you two are the best!

I’d also like to thank Scott. While a name our readers are unfamiliar with, Scott helped us with our website and our content deployment. I’ve had the pleasure of working with Scott on previous projects, and it was a pleasure to work with him again. Thank you, Scott.

I’m incredibly proud of the content we’ve created and put out into the world. My favorite posts we’ve written are: The Quality-Price Matrix, My Favorite Personal Finance Metrics, Units of Hourly Earning, and DIY Home Repairs.

Thank you for being a part of our journey.

I wish you the absolute best with your personal finances.

Patrick’s Thoughts:

I’ve never been one to give up on something but I have been one to identify new ways to maximize my impact. While I loved spending the last six months sharing my opinions and experiences with all of you, I think Eric and I have both acknowledged that we need to find a better way to impact the world with the time we have.

In a couple months, I’ll be focused on a raising a newborn baby, and if I’m going to practice what I preach, that’s where my focus needs to be. My wife has been incredibly supportive of this whole process, and now it’s my turn to return the favor. I haven’t said it much on this blog, but your personal relationships are what make financial success worth it. Success is only satisfying when it is shared.

Thanks to all of you that have been a part of this journey with us. I hope, if even for an instant, some of what we wrote on here has a lasting impact with you. As we often mention, financial well-being and success is a lifetime mission with little tweaks and decisions adding up over time. Hopefully our last lesson to you can be that no matter what, you have to be willing to make the hard decisions when life tells you it’s time. There is no point in holding on to something if you know you can’t make it what you want. 

It would have been easy for Eric and I to continue posting and contributing to this blog, but I know I couldn’t have done it to the level you deserve from us. There is no point trying to make a lasting impact on others lives if it isn’t going to be done with quality. Instead of chasing after sunk costs, we are making a decision to move on and apply our focus elsewhere. 

For those of you that were active followers or just an occasional viewer, I’m sorry we can’t continue on this journey with you. While there won’t be any new content, I hope the lessons we’ve shared carry on and continue to be a source of inspiration and new perspective. Life isn’t always about others traveling along for the ride. We encounter people everyday that shape our thinking and teach us lessons for the rest of our lives. You, our readers, have certainly had that impact on us and we hope to have had the same impact on you. 

Keep on with your journey.