I’m excited to share a Slow FI interview from Michelle (who writes the blog FIRE and Wide). Michelle took a Slow FI path to reach financial independence and now realizes that she could have transitioned even earlier.
In order for travel to be affordable, we need to plan ahead. The biggest three travel costs – accommodation, transportation, and food – are the biggest three expenses. If we plan ahead, we can cut those costs significantly. Surprisingly, planning ahead can even make a trip more enjoyable.
Getting ourselves into a better financial position is important. It’s equally important to focus on improving our current circumstances while we do it. It could take a few months or years to get us into a financial position to transition. We can actively focus on improving our current circumstances while designing lives we love.
For people pursuing financial freedom, reaching full FI can be such a temptation (even for myself at moments). This is why I’m always interested in hearing the stories of people who are choosing to downshift along the way to FI. I’m so excited to share Court’s story. Court and her family were less than 1 year from reaching full FI when she decided to downshift and take a part-time job.
There are so many things that we’ve learned in our second year of pursuing financial independence! One reason I love blogging is that it’s a great way to chronicle my own journey and mindset shifts. Writing also helps to solidify those mindset shifts for myself.