It is important to look beyond our actual salary to include other costs (monetary and time). Taking all of these things (such as commute time and costs, time spent detoxing, and convenience spending) into account allows us to calculate our true hourly wage.
Coast FI is the point at which you no longer need to save any money to have a comfortable traditional retirement. In this post, you’ll learn how to calculate your own Coast FI number and ways to use your financial freedom once you reach Coast FI.
In this Slow FI interview, you’ll hear how David (from CityFrugal) changed careers, recovered from burnout, and built a life he loves, all while working full-time.
Essentialism doesn’t mean we just do less. It means we are making the “wisest possible investment of time and energy.” It’s definitely about more than just doing less. It’s about making our best contributions to the world, and we can only do that by figuring out and doing what is essential.
In this Slow FI interview, Chris Mamula discusses his path to FI, what he’d have done differently, and advice for people along the path to FI. After reaching FI and “retiring early” two years ago, Chris has some incredibly valuable insights to share that encourage a slower and more intentional path to FI.