All tagged Financial Independence
Back in January 2012, blogger Pete Adeney, aka Mr. Money Mustache, wrote a blog post that changed my life when I eventually discovered it in about 2016-2017. I don’t think I would not be sitting here today, in our position, had I not stumbled upon it. Then his following article explaining the 4% Rule, which he wrote in May of 2012, set our wheels in motion. And these two powerful blog posts have just turned 10.
Whatever it is that you are embarking on that’s always the best place to start in my opinion. The beginning. Then just follow the path, in my case, the path to financial independence and eventually not being tied to a job to earn my income. It’s a long journey but it’s one worth starting. I’m often writing emails that cover the same points over and over again, so I thought that today I’d put that information into a blog post for all of the people wondering where to start and how to string all the bits of information you have learned about money into a cohesive order.
Before I started The Happy Saver I thought the only way to learn about money was to seek out a financial advisor, the supposed experts in the field, so I did go to a couple of financial advisors. As a result of these attempts I completely gave up on letting anyone else tell me what to do with my own money and decided that no one cared more about it than I did myself so I decided to take matters into my own hands and educate myself. I did it by actively taking an interest in my/our money and reading, listening, asking and deep-diving into all things personal finance related.
There has been quite an increase in questions over the last couple of weeks, which is not at all surprising given how much uncertainty is out there. And this week, having answered so many emails, plus I was finishing writing and recording my final podcast episode of this series, I’ve not quite gotten around to a new blog post. So this week I’ve decided to republish a post I wrote back in 2017 because I feel that it’s still very relevant today.
I might as well cut to the chase. I loved this book! None of our lives are linear, we all have twists and turns along the way and everyone is on a different journey. For the author of this book, Scott Rieckens, one big fork in his road came when he stumbled upon the concept of FIRE while driving to work listening to a podcast.
If you have had an ‘ah ha’ moment, or maybe an ‘oh crap’ moment, then this blog post is definitely for you! This is for all of the people who have contacted me over the last month who have just had their own “moment” with money but are struggling with where to go from here. I’m going to help you find YOUR starting point so read on...
I received an email in August from a woman who finds herself moving on from a 20 year marriage. She is discovering the freedom of now going it alone, but the journey is certainly not an easy one.
I have recommended this book to a lot of people and everyone I recommend this book to loves it! And more importantly they act upon the advice inside the book. You need to add this book to your reading list.
I am constantly debating the question of “should we sell our perfectly suitable house that we really enjoy living in?” The reason for doing this would be to free up cash that I could invest that would then generate an income. I keep referring back to the numbers and talking it through with Jonny. I thought you might be interested in the numbers too.
