Is It “Realistic” To Achieve Financial Independence?

by on July 2, 2012

Will Smith Independence Day

You bet it is!

And it’s time to declare your own Independence Day.

It’s a holiday week here in the U.S., and everyone is talking about “Independence Day”.

I am, too…but as usual, probably a little differently than everyone else.   :)

That’s right…instead of droning on about the fourth of July (although I might get to that a bit later) I want to talk about one of my favorite kung fu masters, and his famous movie coincidentally entitled, Independence Day.

So who is this kung fu master? Have you guessed? You may not immediately think “kung fu” when you hear his name, but this man is a kung fu MASTER and embodies true kung fu (remember, kung fu literally means “excellence in any skill achieved through hard work and practice”.)

If the movie title didn’t already give it away, I’ll tell you now…it’s Will Smith.

(And yes, I have a teeny-tiny celebrity crush on him…don’t tell Kung Fu Guy, LOL!)

Will Smith has amazing kung fu.

He’s got tremendous music kung fu, acting kung fu, and living kung fu…and apparently pretty darned good parenting kung fu, as Jackie Chan once said that Will Smith’s son and “Kung Fu Kid” co-star Jaden Smith’s dedication to martial arts puts that of his own son to shame.

(And Kung Fu Guy just read this and wants me to add that he also married a lady with awesome kung fu herself…Jada Pinkett Smith, of arguably the best modern-day kung fu movie, The Matrix, fame!).

Oh, and Will Smith is definitely financially independent…not to get all nosy into his life (sorry Will) but Forbes places his recent net worth at $215 million. Not too shabby!

So how does he do it? Is he just luckier than everybody else?

Well, as an African American, you could easily argue “no”, sadly, and he certainly wasn’t “born into money”—his mom worked for the Philadelphia School Board and his dad was a “refrigeration engineer”. They separated when he was 13 and later divorced, so he didn’t come from a “perfect family”, either.

Is he better educated than the rest of us?

Nope…he never went to college.

So what is it? Why is he a gazillionaire while so many of the rest of us struggle?

Well, when you ask him what he attributes his amazing success to, this is what he says (the embodiment of true kung fu):

“I’ve never really viewed myself as particularly talented. Where I excel, is ridiculous, sickening work ethic. You know, while the other guy’s sleeping, I’m working. When the other guy’s eating, I’m working…

The only thing that I see that is distinctly different about me is I’m not afraid to die on a treadmill. You might have more talent than me, you might be smarter than me, but if we get on the treadmill together, right, there’s two things: either you’re gettin’ off first, or I’m gonna die. It’s really that simple.” – Will Smith, Kung Fu Master

And it really is that simple.

I’ve written about this time and again, but the luckiest among us work the hardest and practice the most.

Quoting my other favorite kung fu master, Bruce Lee,

“I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” — Bruce Lee

Word.

But is it “realistic” to be able to achieve financial independence?

Well, once again I agree with Will Smith on this one…

Being realistic is the most commonly traveled road to mediocrity. Why would you be realistic? What’s the point of being realistic? … It’s unrealistic to walk into a room and flip a switch and light comes on. That’s ‘unrealistic’. Fortunately Edison didn’t think so.

It’s unrealistic to think you’re going to bend a piece of metal, and fly people over an ocean in that metal. That’s ‘unrealistic’. But fortunately, the Wright Brothers and others didn’t believe that. And it just seems like such a ridiculous idea to me to embrace the idea that it’s not gonna happen, that it’s not real for that to happen, because as soon as you say that, now you’ve just made that real.” – Kung Fu Master Will Smith

YOU create your own reality.

It is absolutely possible, beyond a shadow of a doubt, to achieve financial independence.

(But like Will and Bruce and yours truly say, it’s not necessarily “easy”.)

But why settle for mediocrity?

Instead, get on out there and declare your OWN independence day…I promise you won’t regret it!

And if you want to hear Will in his own words (I highly recommend it), you can do so here:

To your financial success,

—Kung Fu Girl

P.S. Big thanks to FinerMinds for finding this awesome Will Smith YouTube clip!

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About the Author:

Susan Fujii, aka , is an SEC Accredited Investor who believes that anyone can learn to be financially independent.

Susan has authored 199 posts on Kung Fu Finance, and you can connect with her on .

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{ 16 comments… read them below or add one }

trevor July 3, 2012 at 12:49 pm

There is nothing wrong with being average, but its not something to strive for.

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kungfugirl July 3, 2012 at 2:13 pm

Absolutely, and I hope I didn’t give that impression (that there’s something “wrong” with being average), but you’re right– it’s nothing to strive for! We’re all average in some respects just by definition, but it’s always good to reach for the stars whenever we can!

Thanks for your comment!
– KFG

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Gary July 3, 2012 at 1:55 pm

Loved your post about Will Smith and work ethic. Can’t believe though that you combined Will Smith, Finance, and Work Ethic into a theme without mentioning “The Pursuit of Happyness” and the true story of Chris Gardner (played by Will Smith) who hard-worked his way out of being homeless to a mega-successful financial advisor! The real life Chris Gardner said he had a major competitive advantage in winning a BART bond issuance deal because he had spent time sleeping in bathrooms at various points around the BART system with his son, and knew the system well. If you saw the movie, he was a cold-calling monster, unlike his colleagues, because he was always worried about his next meal. Great film, especially if you’ve spent time in the financial services industry, and I think I was working at Smith Barney when I saw it.

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kungfugirl July 3, 2012 at 2:11 pm

Oh YES, I can’t believe I left that out!

I think his real-life son plays his movie-son, and yes, it was a great movie (although very tough to watch– it’s definitely not a “happy” movie, even though it ends well!). But yes, he was such a hard-working guy and slaved to create a better life for himself and his son…I remember when his boss was standing by the taxicab and reached into his pocket but was out of cash, and asked Will Smith for $5….and how painful that was for him to part with, because he knew that he and his son would have to stand in line at Glide Memorial that night for dinner…a very difficult movie to watch but yet so inspirational at the same time. Thank you for reminding me!

Looking forward to seeing you next week @ FreedomFest!
– KFG

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Inger July 3, 2012 at 3:51 pm

I have worked very hard on my own business for 10 years, quite successful (or “lucky” as it’s also called….!) but too busy to keep an eye on the finances, not realizing it before it was too late. Today, I am facing personal bankrupcy with 300.000 dollars in debt (looong story). Took a long, hard look at my mindset, and realized that it needed a change. In this household, the word “bankrupt” is officially banned, instead I am putting my hard work mentality (yes, aren’t we LUCKY, guys??) and work ethic into learning all I can about finances and financial independece. I am turning it around, and 100 % sure I will succeed somehow. And guess how everyone around me respond when they ask how I’m doing and my reply is that I intend to go from bankrupt to millionaire in the shortest time possible? They laugh, and say (drum roll, please) that it’s not R-E-A-L-I-S-T-I-C. (Apart from my husband, he is now talking about “when” we are millionaires – I guess he knows me well :) ). My point is this – NO success story is truly realistic. That word is owned by people who don’t achieve their goals, who are settling for less, who need excuses for why they are not stepping out of their comfort zone. I don’t want anything to be “realistic” in the sense that it’s used by most people. It only means that you define a reality that you chose to believe in (usually a very limiting one).

Thanks for being an inspiration – you have become one of my “financial mentors” :)

Inger (soon-to-be-millionaire!)

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kungfugirl July 17, 2012 at 2:17 pm

Hi Inger,

Thank you SO much for your comment! You have an AWESOME attitude and I can’t wait for you to become a millionaire– you CAN do it! Yes, it takes a lot of hard work, but it sounds like you have that in spades, so it is absolutely “REALISTIC” :) for you to do it!

I’m so sorry to hear about your 300,000 in debt– how frustrating after working for 10 years! But you do just have to look at it as another important and invaluable lesson under your belt, and figure out your next step– you can do it (sounds like you already are!). :) And that’s great that you have such a supportive husband!

My mom, Kung Fu Grandma, was $150,000 in debt when I was 3…my dad had just died from lung cancer after they had started a brand new computer business, and this was 1976 when women still were not looked on as “business owners”– they were just supposed to “help men”. Everyone told her she should just quit and move back to Chicago and get a job and put me in daycare, but she persevered and slowly but surely got the business going (against all odds– one day I will have to do an article on her story!) and got us out of debt by the time I reached junior high….that’s ALL debt– the $150,000 for the business and umpteen other mortgages on our house!

It’s never easy, but it’s definitely possible and you CAN do it. I am so proud of you and proud to have you as a Kung Fu Finance reader! Thank you so much for your awesome comment and for sharing your story with us!

Thanks so much,
– KFG

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Srkn December 7, 2012 at 3:16 pm

oh my god , i just LOVE these photos! i’m so jouleas of your sparkles , we don’t have them in my country! :( i don’t even know how they work! lucky you! have a wonderful week with lovely experiences like this one ! xo

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George from Denver July 3, 2012 at 9:39 pm

What a great blog! But, then, you know I think that about ALL your blogs…
This one has the distinction of having caught me by surprise, subject-wise. But after some slight reflection, I realized that it fit this time and place perfectly. I have spent my life allowing my friends to tell me that some idea I had was “unrealistic.” Since I have been studying Austrian economics, and, especially, soaking up your blog, I have “retired” a lot of my old friends. That’s the price I’m willing to pay to finally start living something more than a dis-functional life. Besides, I realized that that type of friend is nothing more than an emotional vampire, sucking good energy out of me and leaving dark stuff. Yin and yang balance out; I’m getting new, better friends. This is so cool! And Inger’s right and lucky too. Her husband support’s her.
Something I sort of always knew. Nothing happens until we take action. Here, “sort of” refers to all the intellectual BS we put ourselves through.
Reminds me of the cartoon of the two vultures on a tree limb. The caption reads, “Patience my ass! I’m gonna go out and kill something!” The venerable said, “Theory without action is cowardice. Action without theory is stupidity. Theory combined with action leads to fortune.” And with that remembered homily, I bid all my friends Good Night.

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kungfugirl July 17, 2012 at 2:45 pm

Hi George!

I am so honored to call you friend. You’ll have to let me know whenever there’s a chance to meet in person sometime– that would be fun! I’m usually in the Bay Area, but am in Michigan until the end of Summer.

You are sooo wise to purge (“retire”) yourself of any emotional vampire friends. No one needs that! And there are SO MANY cool people out there (as you’ve already discovered) who will support you and encourage you in “non-dysfunctional” ways. :-)

Thanks so much for your awesome comment!
– KFG

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Will July 4, 2012 at 4:50 am

I have that video of Will,i watch it often,its a part of my video libary. This blog has given me so much inspiration. Consider me a part of this cyber-community

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kungfugirl July 17, 2012 at 2:46 pm

Thank you, Will, that’s so nice of you, and awesome that you’ve got that video (and that we’ve given you some inspiration…that makes me so happy– thanks!).

Welcome to Kung Fu Finance– I am honored to have you as part of our community!
–KFG

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Honolulu Aunty July 4, 2012 at 3:10 pm

OMG KFG,

I also thought of Will Smith in “Independence Day” since it is the 4th of July! We must be telepathic or connected somehow (aren’t we all?)

Didn’t realize that side of Will Smith – his intelligence, his drive, his comfort of being who he is. I just used to think he was cute and did attitude really well in movies like “Men in Black” and “Independence Day”. Also thought he had the cutest ears.

Mahalo for another good one. I am still playing catch up on your other posts – Aunty has been a busy bee buzzing buzz.

Aloha from the islands,

Aunty

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kungfugirl July 17, 2012 at 2:48 pm

Hi Aunty!

Yes, I love Will Smith! Great minds, LOL. :-)

I’m so glad you are busy and doing well! How is the Nerium going? I hope really well!

Thanks as always for your comment!
– KFG

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Alphonse July 5, 2012 at 10:32 am

Being “Realistic” tends to make one live a very uneventful life, no thanks!
O Great Kung Fu Girl I must thank you for enlightening others to the secret of Acheiving Financial Independence.
Tha Acquisitionist

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kungfugirl July 17, 2012 at 2:49 pm

LOL, thank you Alphonse!

Yes, I completely agree about “realistic” and “uneventful”….and who wants THAT? :-)

Much more fun (and rewarding) to shoot for the stars (and work your butt off, of course!).

Thanks so much for your comment!
– KFG

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balogun micheal July 22, 2012 at 5:55 am

Am happy to here u I appreciate it thanks

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