I’m an aspiring minimalist who is passionate about social justice. This is why I’m going to vote with my dollars this year and buy all consumable (food and drinks) gifts from black-owned businesses.
I’m excited to publicly announce that I’ve decided to quit my part-time job and take the leap to “full-time” entrepreneurship. I was originally planning to wait until the summer of 2021 to quit. In this post, I share why I decided to take the leap to entrepreneurship now.
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.
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.
Our plan to reach FI is not to deprive ourselves to build up a nest egg so that we can relax later. And to be clear, our journey to financial independence is not about early retirement. We are not looking to not work or sit on a beach for 50-60 years. Instead, this journey is about lifestyle design, freedom, flexibility and security. We plan to take very intentional actions so that we can adjust our lifestyle along the way. Here’s a detailed look at what our plan currently looks like.