Do you equate financial independence with financial freedom? I’ve heard the terms used interchangeably but they don’t mean the same thing to me. I reached FI nearly a decade ago, but I’m still not sure I’m financially free. Financially Free What is the definition of financial independence? To become financially independent you must earn enough […]
Financial Independence
Making Financial Decisions: Mixing Emotions with Math
I used to hate making financial decisions. I’d like to say it was just the big, scary financial decisions that frightened me, but in truth, even the teeny, tiny ones could stop me in my tracks. I blame my hesitancy on being a perfectionist. It wasn’t the bad choices that concerned me. I knew enough […]
What is FU Money? The True Power of an FU Fund
When we think about money, we typically think about monetary value. We ask questions like how much are my investments worth or what could I buy with the money I earned? Why don’t we talk more about the emotional benefits of saving all that dough? How does money make us feel, and what can it […]
The Option of Early Retirement
Oh financial independence; the holy grail of monetary freedom. The ability for our passive income streams and current assets to cover our expenses without another day of work. Thanks to FI my husband and I could throw in the towel on traditional employment. We’ve saved, invested and earned the right to step away from the […]
What Motivates You To Save?
“What motivates you to save?,” I asked my husband last night at the dinner table. “Is pride your motivating factor?” “Insurance,” he told me quite matter of factly, “I want to know money is there in case I need it.” “What about you?,” he asked. “I save out of fear,” I told him. “That’s a […]