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.
Two years ago, I experienced situations where I wasn’t in danger but my brain and body thought I was. Now, there is a very real danger. In this new reality, I am experiencing the same emotions (fear, panic, etc.) and physical sensations (shortness of breath, elevated heart rate, etc.). Heres’ how I am coping with stress during this challenging time.
There are many components to our disaster preparedness plan. It took us a few years to build up this entire plan. You don’t need to do it all at once, but it’s important to get started. You never know when you will need it.
Transportation expenses are one of the big three expense categories. This means that there is a lot of potential for savings, and helping Americans better achieve their financial goals. This post outlines 3 strategies with the biggest potential impact for saving money on transportation expenses.