Why I Pursue Financial Independence

This probably makes me weird, but I was thinking about retiring before I ever got my first real full-time job. I went through college during the healthy economic times of the late 90s. Everything was great! Employers flocked to job fairs to hire young talent. Signing bonuses were commonplace. And a bachelor’s degree–oh yes–this was the ticket to landing a good paying job. As I neared graduation, the promise of … Read more

Why Living In A High Cost Of Living Area Isn’t A Bad Thing

I am from a high cost of living (HCOL) area and I see that as neither a roadblock nor a bad thing when chasing FI. In fact, it has several positive elements. A few reasons why I believe this to be true are: the higher earning potential the higher rents (keep reading for my explanation) and the local tax-payer funded services, entertainment, parks, and recreation programs. Now, I’ve never proven that … Read more

How I Was Set On FIRE

My first “technical” introduction to Financial Independence (FI) was in 2012. It came down to one exact moment, and I remember the exact words I said to myself. I was in a Christian thrift shop, thumbing through the books. It was there I picked up a copy of Dave Ramsey’s Total Money Makeover (the cover where he is cutting a credit card with scissors). I looked at the book and … Read more

Why Do We Gain Weight?

The science behind weight gain and how to use it to your advantage.

People want to lose weight, but they struggle to do so. That’s why weight loss is the number one New Year’s resolution. Why is weight loss so hard? The first step is to understand why we gain weight. The medical community, media, and health experts have been telling us for years that the way to lose weight is to eat less and exercise more. This method works on the premise … Read more

Build Your 2018 Financial Independence Action Plan

About 40% of Americans make a New Year’s resolution, and about 90% of those break them. Following their suggestion, I decided to have an action plan for 2018 and, hopefully, stick with my resolutions. Track my spending for a year Thanks to RPF Episode 506 for crystallizing this idea for me. We all know that FI is based on developing better spending habits, not just your income or savings. So, … Read more

Reaching Financial Independence Without Index Funds?

Ask any parent and they will likely have blocked out part (or all) of the first few months of their child’s life. Not because it wasn’t awesome, terrible, life-changing or amazing, but because they’re so stinkin’ tired all the time. This is the delirious state that I found myself in when I first learned of the term, Financial Independence (FI). While the rest of the world slept blissfully, I stumbled … Read more

The Wealth Building Triangle: Income–Savings Rate–Rate Of Return

The Wealth Building Triangle: Income--Savings Rate--Rate Of Return

You’ve probably heard the saying, “Earn More, Spend Less, and Invest the Rest.” The Wealth Building Triangle is a way of visualizing each piece of that equation and how they combine to move you towards financial independence. As the visual below shows, the three sides of the wealth building triangle are: Savings rate, Income, and Rate of return. Each of the three sides is an integral component in creating wealth … Read more

Why We Stink At FI–But Are Doing It Anyways

Why We Stink At FI--But Are Doing It Anyways

Hey everyone! Working mom here supporting a family of four. Budgets are tight, but I know my plans are tighter. Our work lies ahead of us and I’ve been excited about it since day one of this journey. However, we probably aren’t the best example of a FI fam and here’s why: We have student loan debt and it’ll be around for quite some time. My husband is still carrying some … Read more

The Moment My (FIRE) Life Started

The Moment My (FIRE) Life Started

Well it wasn’t actually a single moment, it was a series of moments which led to another moment. The Trudge “Trudge” verb – walk slowly and with heavy steps, typically because of exhaustion or harsh conditions. Synonyms: plod, tramp, drag oneself, walk heavily, walk slowly, plough, slog, footslog, toil, trek, clump, clomp, lumber. It started one day when I left the train at my station on the way to work. As with most train stations in the middle of a big city, all … Read more