Financial Independence

20 Reasons Why You Need an Emergency Fund

If you don’t think you need an emergency fund, think again. No matter how financially prepared you are, life has a way of throwing curve balls that you never expect. Those “unexpected expenses” are the reason many financial professionals suggest keeping three to six months of expenses tucked away in a savings account or investment …

Choosing Your Personal Financial Focus

When I first started my professional life, my main financial focus was on my career. I tried really hard to establish a great professional foundation and took on a number of hard projects, presentations, certifications, public speaking opportunities, and other challenges in order to cement a positive reputation and resume. During that time, I didn’t …

Financial Independence and Permaculture

As Sarah and I have continued to work toward financial independence, one of the principles we’ve really come to value is that long-lasting reliable stuff is preferable to less reliable stuff. Reliability is a pretty big virtue for us. If we’re going to buy something, we’d rather buy it for life. It’s not hard to …

Setting Attainable and Exciting Financial Goals

When I look back at my personal finance progress, I’m most proud of the long-term success. The changes that have happened in my life over the last several years have been absolutely incredible, and I feel a strong sense of personal pride when I think about it. Here’s the kicker, though: if I flip the …

‘Freedom’ Money

I recently saw the film The Gambler, and one scene stood out at me, where John Goodman’s character describes his financial philosophy to the main character, played by Mark Wahlberg. Here’s that scene, but beware, the language here is very rough and very not safe for work. Here’s the idea Goodman’s character presented, reworded into …

Financial Independence and Career Choices

At dinner a few days ago, I was discussing the concept of financial independence to a friend of mine who had really never heard of the concept. He and his wife are actively saving for retirement, but they fully expect to retire between the ages of 62 and 65, not earlier, so the idea of …

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