The journey to early financial independence involves unifying a lot of different pieces. For most people, it isn’t enough to just make a lot of money. To get to early FI, you also need to work on saving your money… At some point, you’ll also need to figure out how to invest it wisely so that your passive income stream can one day supplant your earned income source.
This all takes time, effort, dedication, and will power. The journey to early FI definitely isn’t an easy (or short) one, otherwise everyone would be doing it, right? It’s understandable, then, why many will fizzle out and quit along the way. Further, without having a deep fundamental reason for doing this, you might be prone to veer off course, and lose focus. I know that whenever I get lost in the hustle and bustle of daily life, I remind myself what my endgame is; this helps me re-motivate, and it gets me back on track.
Since the journey to early FI involves a lot of different topics, I’ve done my best to mix up the articles every so often. There are times when I will focus more on the “why” side of things, and other times when I will concentrate more on the “how” to do it aspect. Most importantly, I try to document my own progress so that readers can get insight into how everything is working out (also see Cash Flow Statements and Net Worth Updates). Theory is great and all, but the proof is in the pudding!
This is Year 3, and I’m just so thankful to be in position to share my progress with everyone! I haven’t quite reached the finish line yet, but I’m optimistic that I’m getting pretty close. At the conclusion of 2014, I should be at least 75% complete with the journey. Yes, I am still targeting to declare early FI in early/mid 2015. At that time, I will quit my job as a corporate engineer, and start the next chapter in my life.
I don’t for a second claim to have all the answers… I do not. There are also many topics that I am unfamiliar with and have no knowledge of (e.g. p2p lending). But I am getting closer to reaching the top of the early FI summit, so if there’s anything that I can do to help someone else out who’s also on the journey (or wants to start), then I would be happy to. I’m a firm believer that achieving financial freedom early in life is one of the BEST things you can ever do for yourself and your family.
At this time, I would like to ask readers, “What topics would you like to see covered on this blog? What hasn’t been addressed, and/or what should be addressed in more details?”
In other words, as a reader, “What do YOU want to read on this blog?”
That’s an open-ended question, so here are some topic ideas:
- Getting started on the journey to early FI
- Ways to save money/budgeting/expenses
- Consumer debt (and how to get out of it)
- Career (making money in the rat race)
- Motivation for early FI
- Travel journals (with pictures)
- Travel hacking tips
- Real Estate Investing
- Dividend Investing
- Traditional Retirement Investing (401k, Roth IRA, etc.)
- Own personal early FI stories
- Guest posts/interviews
- Post-FI plans
- Post-FI careers
The topics I provided above are just some broad/general ideas, but feel free to ask for more specifics.
I have a tentative schedule for articles that I would like to release for the remainder of May. Any tips, suggestions that I get, I can work on implementing these new ideas for posts in June.
Feel free to leave a comment below, or send me a PM. Love to hear from you! 🙂