Our biggest financial mistake of the year didn’t arrive until late December but once the dust settles, it’ll likely have cost us some $15K+! Avoid our failure!
Author: Chris
Chris began his financial independence pursuit in 2007 as he learned basic personal finance from Get Rich Slowly as an aspiring web designer and novice investor. After several missteps, he learned the secrets of financial independence and began his pursuit of freedom.
He reached financial independence in 2018 with $1.2M and two businesses. He began the process of transitioning to early retirement in 2020.
Learn more: Meet Chris.
If standard personal finance advice is to diversify your investments, might we apply the same reasoning to our most concentrated relationship investment?
FIRE can create a hole in the fortress of your life’s social structure that, left untouched, might be your downfall. The solution? A “social index fund”!
Is FIRE really just a way to escape the challenge and repetition of modern working life? Sure, it frees you from what you hate—but I think there’s more.
Is your pursuit of financial independence defined by “needs” or “wants”? And what’s that have to do with your chances of success and satisfaction afterward?
Surprise! We overspent our budget big time—and share the details! We also review refugee nonprofits as our summer travel goes west!
Wealth vs income—what’s more important for your success? Once you have ”enough” in your pursuit of FIRE, what are the trade offs of losing your high income?
If crowds are the ultimate purveyors of lethargy, then it’s your sense of adventure that protects you from their allure; cherish it as part of your financial mindset.
We’ve got a year of net worth data and donations, review community health nonprofits, and detail our monthly budget—as our summer of travel continues!
Battling financial illiteracy is your first step—then, build a money mindset from paycheck-to-paycheck scarcity to one that plans for the future with abundance.