Financial independence (FI) is one of the most important concepts of personal finance. It is considered an important goal for many people. Financial independence means that you have sufficient wealth to cover the expenses of your desired lifestyle without being…
This is a guest post from Eric Rosenberg at Personal Profitability in conjunction with Mason Finance. Most people understand that life insurance is an important part of protecting your family’s financial security in the event of a worst case scenario,…
Yesterday something interesting happened. I decided to tell a few friends of mine about FIRE. I’m from a business background and work in management consulting. Most of my friends have studied something similar and also have a corporate life. This…
Last year, I did two studies on the relative popularity of personal finance blogs. One study on the best personal finance blogs and another on the fastest growing personal finance blogs. Both were based on data scraped from different sources…
I have spent a lot of time reading the best blogs within financial independence and early retirement. I even scraped a lot of data to make a list of the fastest growing personal finance blogs in 2017. Recently, I have…
If you are pursuing financial independence and early retirement, you should have a financial independence number. If you have been on an FI journey for a while, this is nothing new to you. The financial independence number is the amount…
Since I discovered the concept of financial independence and early retirement (FIRE) in the beginning of 2016, I have done quite a bit of reading on the subject. I have found that one of the best ways to introduce people…
Calculating, following and optimizing your savings rate is important if you are pursuing financial independence and early retirement. For me, the savings rate is the most important metric, and I track it religiously every month to see how I am progressing…
One of the most common reactions people have when you tell them you will retire early is: “But.. what will you do?!“. People cannot imagine a life without traditional work – at least not until they are 60-something – and…
If you are following this blog, you know that I am going to make the most of my life before I die. I have long wanted to make a list where I set concrete goals for different things I want…