Lately, I’ve been annoyed with my job for a few days in a row. I’m in consulting, which means my workload can go from zero to pure hell in a matter of days. Sometimes it’s very easy (and boring!) and sometimes I’m stressed to the max. This is why financial independence is so important.
Financial independence is about more than retiring early from a job you don’t like. Maybe you do enjoy your job, so why would you want to quit? What could be the reason to pursue financial independence? I think the reason should be to gain more options in your life.
How much money do you need to retire? That’s the golden question in the FIRE community. We’re all very busy accumulating lots of money to be able to retire early, but how much is lots of money exactly? Let’s find out!
In our community of financially savvy people, you’d think that it would be easy to agree on certain things. Nothing is farther from the truth. Take for example the discussion on increasing income vs lowering expenses.
It seems we can’t agree on which is better. So to end the discussion once and for all, here is my take on it!