Financial Independence is About Living Your Life How You Desire and on Your Own Terms
A lot of people don’t want to need a 40 hour a week job (FI). Many people want to retire early (RE). Some want both (FIRE). If you want a boat, a big house, and a nice car…you can try for all of that too. You’ll just have to work a lot harder to be Financially Independent with those things. Your stash might need to be a value of $2 million instead of $650k.
The journey to Financial Independence starts with a single dollar. It’s a fact. However, that single dollar is meaningless if you are going to throw it away on a candy bar or a soda. That single dollar can teach you a hundred lessons. To reach Financial Independence (or as some of the more hardcore are shooting for, Retiring Early), you’ll need Finansense.
Finansense – noun 1. A practical judgement of how money is best used to meet your goals and needs.
In addition to Finansense, you’ll need determination and effort. For the people out there making 100k, 200k, etc., reaching Financial Independence is a matter of throwing all of their extra money at mutual funds and ETFs, and they could potentially reach that point in five to ten years. However, for most of us that seems unobtainable.
If you didn’t know it already, that is just plain wrong and very often is a flat-out lie. People often waste up to twenty-eight hours a week on looking at a screen doing nothing! Imagine what you could do if you took 10 of those hours and put them towards something else. The possibilities really are endless.
You could study and get better at your job, which could result in a raise or a promotion. You could write a fiction story or a non-fiction book. You could get a second, part-time job. You could even double-down and focus on eliminating waste from your finances and from your life.
I realized all of this right after I started my first job and I had student loans (eherrm, a looot), a car payment, rent, food, bills, and the list goes on. There were other people who were buying $30,000 cars, going out to bars four nights a week, making minimum payments on credit cards and loans – essentially, they had no Finansense. I quickly understood they were making horrible financial decisions, setting their future-selves up for financial servitude and failure. As you can imagine, I did not want to be one of them.
This is where the smart and sprint parts come in. I want to get there as quickly as possible, but as intelligently as I can. This is the approach I want to follow and show you how you can do it too.
If you are like me, you’re tired of the financial pressure or you want to be free to control your own life without working the 40 hour grind. Subscribe below and I’ll share my groundwork with you! Let’s sprint toward Financial Independence together.
Now I’m recording my journey here, for all to see. The ups and downs, the successes and the failures. I want to be an example of inspiration to you. I want to be the person that shows you it is possible to achieve your dreams and to free yourself from the hold of the 40, 50, or even 60 hour work week.
Let me do the footwork so your journey to Financial Independence can be as smooth as possible.