Ideas on Personal Finance
I used this quote a lot on my FI journey. At the start of my FI journey, I tried everything under the sun to make sure I got to FI sooner. I pulled all the levers I could find to reduce spending and improve investment returns. And I spend a lot of time trying to … Read more
This is a line from the Avengers movie. Although this is a finance blog, it is important to remember that money is not an end in itself. Money is very powerful, no doubt. But we should make money just for the sake of making money. Money should be used to enable our life. We only … Read more
This is a funny quote on Financial Independence (FI). It basically says, once you get to FI, you can do what you want and don’t need to work based on other people’s schedules / agendas. However, I have found that people who get to FI do not like sitting around and doing nothing. Typically if … Read more
Although this is a funny quote, it highlights the importance of money. Different people value different things, and some people may not agree with this quote. However, all things being equal, I would rather have more money than less. As they say – money is not the key to happiness, but if you have enough … Read more
This is a quote that I found useful, especially towards the end of my FI journey. When I was heads-down in my pursuit of FI, I was focused on reaching FI as soon as possible. I was trying to save a lot of money and invest it wisely. All my decisions were driven by the … Read more
This article is part of the My FI Journey series – click here to access the full journey. Looking for Answers to the Big Two Two issues haunt me from the lost decade of my professional life: Busy Becomes Normal and No Financial Plan. To become less busy, I focus on becoming more efficient at work. I become obsessed with … Read more
Over the years, I have been pleasantly surprised at the benefits of Financial Independence / Early Retirement (FIRE). I have also been amazed at how hard it is to convince my friends and relatives to try FIRE (much less adopt it)! FIRE Reactions from Friends and Relatives Financial Independence (FI) has worked wonders for me. … Read more
After reaching Financial Independence (FI), I am now creating an Early Retirement Plan. Below is a checklist I have compiled to help me think through the process. Importance of Early Retirement Plan Retiring early is a big decision! Just look around – how many people retire early. Not many, in fact, of the thousands of … Read more
The Best of Times… My professional life starts when I complete my MBA and join a management consulting firm. Life is great – I am working with marquee companies on their strategic projects. On the personal front, I marry the wonderful MrsFiner. We both love to travel, and consulting is an excellent career if you … Read more
After reaching Financial Independence, I am investing for Early Retirement in a low-cost portfolio that is conservative but also has some room for growth. Investing for Early Retirement: Safety First Rule Number One: Never Lose Money.Rule Number Two: Never Forget Rule Number One.Warren Buffett The above quote from the legendary investor Warren Buffett is funny … Read more