Inspiration for This Blog

Why does someone start blogging about financial independence?  Most people seem to start blogging because they become so immersed in their goal of financial independence that it becomes a big focus of their lives.  They constantly think about it and naturally gravitate to writing in the FIRE (financial independence, retire early) community.  In some cases, this evolves into a side business based on this passion.  In my case, it was a bit different.  I didn’t start blogging until my wife and I had already reached FI (financial independence).  So why did I decide to start a blog? Continue reading “Inspiration for This Blog”

One of the best reasons to pursue early financial independence

There are many benefits to becoming financially independent (FI).

Duh, you say?

Well, yes, it’s pretty obvious that the freedom of not being dependent on a job to pay for your lifestyle is pretty great for a lot of reasons.  You can find top 10 and other such lists of these reasons on the internet with a quick search.

But these lists tend to be matter-of-fact and obvious.

If you’re FI, you can quit your job if you don’t like it!  Really?  Maybe I have higher standards for my readers but I’m guessing 100% of you have figured that one out already!

Continue reading “One of the best reasons to pursue early financial independence”

Stress and the Role of Money

The American Psychological Association has ranked money as the top stressor for Americans every year since they started their survey in 2007.  64% rated money as a somewhat to significant stressor in their lives.  Studies on relationships also rank money as a top reason for stress in relationships and a leading cause for divorce. Continue reading “Stress and the Role of Money”

Would you be happier if you were more important in your job?

I just completed a nearly three-week global round-the-world trip for work, covering 4 different locations across Asia and Europe. I was able to fly business class from the US to Asia and stay in 5 star hotels.  I had local hosts that arranged transportation and very nice dinners.  It was a true VIP treatment.  Glamorous right?  Are you jealous?

But you know what, I would have been happier not going. Continue reading “Would you be happier if you were more important in your job?”

Negative Visualization – A Stoic Method of Gratitude

I found the particular method of negative visualization from Stoicism in A Guide to the Good Life: The Ancient Art of Stoic Joy.  It’s a nice book that describes the key tenets of Stoicism well.  I found a lot of ancient wisdom here that is relevant today, much of which is being rediscovered in our current craze of happiness research.  I also think that much of Stoicism will resonate with the financial independence, retire early (FIRE) community so I recommend taking a look.

In this article I’ll delve into a specific aspect from Stoicism called negative visualization. Continue reading “Negative Visualization – A Stoic Method of Gratitude”

Buying Expensive Clothes Can Be Frugal

I thought it was time for a more light-hearted article.  We’ve been covering a lot of investing topics lately so I felt like a change of pace.

This article highlights the difference between frugal and cheap with regards to clothes purchases.  Many people mistakenly think frugal and cheap are the same thing but they are not.  Cheap is looking for the lowest cost with little consideration for anything else.  Frugal is concerned with getting the best value.  In fact, many people, including myself broaden this even more and think of being frugal as trying to get the maximum happiness for our spending.

This difference between cheap and frugal leads to some interesting contrasts.   Continue reading “Buying Expensive Clothes Can Be Frugal”