As I alluded to in my previous post “The $100 an Hour Rule”, you can conceptualize financial freedom as a triangle, as there are three sides to achieving it: how much you earn, how much of it you save, and how much your savings grow. … Continue readingThe Golden Triangle of Financial Freedom
We’ve all heard the mantra “Build Back Better” so beloved by our political leaders, including President Joe Biden, but what does it mean? At last we have an answer on the White House website, as encapsulated in “The Life of Linda”. Here I will go … Continue readingUpgrading the Life of Linda
Go onto Google and search for “I never went to college” or some such, and what do you find? You don’t find stories of people like me, someone who was a gifted kid, is a sophisticate, and a performing-artist type with intellectual curiosities but who … Continue readingI Never Went to College…or High School
Financial independence is often thought of as a pathway where you get a good job with the usual methods, work and save diligently well beyond the median percentage, and have the ability to retire early and safely. Although still unknown in many quarters and somewhat … Continue readingThinking Outside the “FIRE” Box
When looking at the discourse around jobs, careers, and work, one of the most striking aspects is how precious a “stable job”, a “stable career”, and “job security” is to so many people. While those are real advantages, what if the pursuit of career stability … Continue readingThe Siren Song of Job Security
In recent years the “financial independence/retire early” (“FIRE”) movement has risen and gained popularity, starting with a few blogs and spreading outward from there throughout the online world. 813,000 Reddit users subscribe to the main financial independence subreddit (r/financialindependence). Before we get to anything else, … Continue readingPensioners, Aristocrats, and Financial Independence
What would be the happiest day we could design? It’s an interesting question with large potential implications for how well we live our lives. More precisely, how should we split our time between various activities to maximize happiness and well-being? A fascinating 2013 study (summarized … Continue readingThe Surprising Path to a Happy Everyday Life