Ideas on Personal Finance
A classic quote that I have, sadly, seen play out many times. Spending money to impress others is nothing new. However, it has been supercharged now with the overabundance of credit and the proliferation of social media. The sad part of this is that there is no end to buying bigger / better things. No … 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
This quote, I think, is particularly applicable to me. After I reached FI, I decided to continue working. There is nothing wrong with quitting your job after FI. In fact, that is what many people do. I think I will do that also, eventually. But for now, I am using my FI superpower to get … Read more
Although I don’t want to spend my time fishing all day, I do like this quote because it contrasts life before and after FIRE. Most people are not in their dream job. It may be because the dream job does not pay much. Or because it is difficult to get. Or maybe because a dream … 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
A hilarious quote, but also astute. Often I have bought a stock thinking that I am getting a bargain and the price will go up. But if I was honest with myself, there were only a few times when I had done my homework and analysis about the company. The rest of the time, I … Read more
A great quote about investing from a legendary investor. Buffett is considered a legendary investor because he has the right temperament (amongst many other things). So he was really able to ‘buy low and sell high’. On the other hand, I have tried to make money by buying and selling shares – but have not … Read more