A few months ago, I met Bradley (a non-blogger). About 4 years ago when his daughter was born, he decided to take a 50% pay cut to work part-time. Bradley originally thought that this decision to work part-time would delay their FI timeline by about 5 years. The reality of what happened is much different (and better) than expected.
A few years ago I resisted learning to play golf with some of my best friends because I didn’t want to spend the money. Now, I really enjoy getting out on the course and a few other hobbies. Here’s my story of how I shifted my approach to spending money.
I just finished the first official launch of my group coaching business. Not only did I have a successful outcome, but I learned so many things through the process. Most importantly, I overcame many limiting beliefs that could have held me back and didn’t. Here I am, lifting the hood and giving you a glimpse of my own imposter syndrome and limiting beliefs over the last several months.
In the latest Slow FI interview series, Kat introduces Barista FIRE, or what she calls her “working sabbatical.” Learn how feeling “stuck” led Kat to create a better path and create freedom for herself even before reaching financial independence.
There is no doubt that the pursuit of financial independence provides stability to weather tough times. But, financial stability alone is not enough to thrive in a time of crisis. Adopting a Slow FI mindset can help us come out on the other side even better than before.
I used to be terrible at setting boundaries at work. In my last job, I was constantly chasing the next promotion and the next pay raise, so I would say “yes” to every request. Within the last year and a half, things have completely shifted for me. I decided to accept a part-time job and have focused on setting appropriate boundaries at work. Now, I have time and brain space to focus on things in my life that are important to me.
Many who are pursuing financial independence would never consider a cash-out refinance. A common approach for those pursuing FI is to pay down the mortgage early and I can relate. But, we are choosing to do a cash-out refinance and here’s why.
If I were laid off in this current economic crisis, I know I would be more mentally prepared for the challenge than I was 10 years ago. I’ve grown and learned a lot since then.
In the latest Slow FI interview, we hear from Robert from Stop Ironing Shirts. Having reached FI, Robert shares his story to financial independence and why Coast FI would have been a better path. He spent precious years of his life working for money that he didn’t need. Learn more about Robert’s journey.