What is FI in life?
So FI is placing a value on your time and prioritizing your purchases and discretionary spending in a way that reflects that. Making time in your life to do what you really love. For those not on the road to FI, most of our free time is spent buying things to make up for a job that we barely tolerate and are only able to use on the few days we have off each year. FI isn’t about running away from what you hate, it’s about “running towards something. It’s being intentional about life not just grazing through it.”
Why do I want to reach FI?
Everyone has a different reason for wanting to reach FI –maybe you want to spend more time with your family, or you want to pursue a career that you really love, or maybe you just don’t want to spend your entire life working in a field that no longer fascinates you or holds your attention
Is FI a deprivation?
FI is not about deprivation. Reaching a point in your life where you’re free from money worries sounds like it should involve a lot of deprivation, but it’s all about intentionality. Because we’re conditioned to believe money is the root of all happiness it can be hard to see areas where we can cut back.
Can you reach FI if you live paycheck to paycheck?
What if you’re living paycheck to paycheck and all your money is accounted for–can you still reach FI? Of course you can!
