I have written earlier about Financial Independence – Is FI Really Worth It? and Why Do You Want To Achieve Financial Independence? Lately, I have been thinking about the “how” part of the FI journey. I have come across a lot of articles, books, and podcasts that talk about how they have already achieved FI or how they plan to achieve it.
Achieving Financial Independence (FI) is actually a big deal. Once you reach FI, you no longer have to trade your time for money and can do whatever you like, at least in theory. However, many of the people that focus on achieving financial independence do so by adopting a mindset of reaching FI as soon as possible. But what is the right way to achieve FI and is it really worth it?
Financial Independence is important since a secure job is a myth. Financial Independence is an excellent way to take back control of your life. It allows you to spend time on things that matter to you and you can stop trading time for money.
Society does a great job of telling us what is “normal” and what is “weird”. As social creatures, human beings tend to seek approval from others. We spend an awful lot of time trying to win the approval of people around us. Our desire to be accepted by others never ceases to exist.