Well…almost free anyway. But more on that in a moment.
Hot off the heels of our trip to Germany in June, I had no plans for any big international trips in 2019, in line with our general “Big Trip Every Other Year” family policy.
All that changed over the course of the last few days, when Mrs. CC caught wind of an incredible deal from Delta offering low-point fare to select European and UK cities, including Zurich, Frankfurt, and London.
First off, don’t get accustomed to this sort of posting frequency!
I wanted to quickly announce the release of the Playing with FIRE documentary trailer that was uploaded yesterday. Simply put, this project has the potential to take this movement to the mainstream.
This is Part 3 in the series. Check out Part 1 and Part 2 first!
Does this all sound intriguing but overwhelming? Perhaps you feel you haven’t set up your life to now embark on this journey. Let’s take a quick look at defining financial independence and a few first steps to get you on your way. Most important of all, let’s highlight the shockingly abbreviated timeframe for putting away serious amounts of money.
This is Part 2 in this series. Check out Part 1 here.
No matter your age (but especially if you are young), specific measures can be taken to drastically increase net worth. Generally speaking, in 10 years or less, you could be putting a traditional career in the rearview mirror, in a situation where your money now makes money for you. Your input is virtually no longer needed. The FIRE (Financial Independence/Retire Early) community pursuing this movement is loaded with brilliant minds who have gamed this system. All you have to do is make some simple — yet profound — decisions on how you structure your life. For us, these are the basics:
The binary solutions for work/life balance in climbing tend to be one of the following:
The Lifer
The lifer pursues climbing at all expense and makes ends meet as best as they can. The lifer participates in seasonal work or other flexible jobs that provide an income capable of sustaining life, but allowing for little to no saving for the long term. Individuals on this path are reluctant to place any roots: careers, property, family, long-term relationships. These individuals experience unparalleled freedom, but may harbor deep-seated concerns about their financial future after the youthful years.
The Optimizer
The optimizer pursues a career and climbs as much as they can in the margins. This is where most of us fall in modern climbing. We have careers, we may have children, perhaps even own a home. As life demands increase; careers develop, children enter the equation, climbing progressively gets shoved further towards the back burner.
These are the weekend warriors and the people who fill up the campgrounds on the holiday weekends. There is comfort in that this life is a shared experience with most others; almost anyone can relate. These individuals tend to have much healthier and stable incomes, but also tend to fall victim to lifestyle inflation: As income increases, so does unnecessary spending.
Despite vastly higher incomes, the optimizer’s financial future may be no less secure than the lifer, but they may have lots of nice stuff.
Two facets of my life that keep me fully engaged are rock climbing and personal finance. I’m guessing you’ve come to this site because you are more interested in one of these seemingly unrelated subjects than the other, but I’ll slowly, hopefully, make the case that there are valuable lessons to learn from my experiences in wading deep into either respective…pool?
My name is Chad Andrews and I’m a freelance writer, podcaster, scientist, and climber. I’m interested in how to live a better, more thoughtful life. My writing and interviews are rooted in the study of behavior, decision-making, philosophy, economics, and personal finance. This project began as a personal blog in 2018, grew to include a podcast in 2021, and continues to constantly evolve.
Before discovering the joy of writing, I spent over ten years as a geologist in the energy industry. It took that long to realize that (a) I was a poor fit for the role, and; (b) I could save and invest wisely to more appropriately align work with my values and interests. Before this, I embraced academia, writing and publishing peer-reviewed journal articles and dreaming of being a professor. The 2008 financial crisis changed the plan, driving me to the incandescent shelter of corporate America, where I learned to balance academic ideals with the applied reality of the private sector. I have eight years of experience in professional kitchens, working from fast food to fine dining, and everything in between. When not writing, interviewing, or talking to myself with a microphone, you’ll find me climbing or exploring the American West with my wife and elderly dog. We are natives of the South living in Colorado.
I write or produce a podcast most weeks, but don’t hold me to it. If you’d like to keep up with all the latest, I’ll even throw in a FREE spending and net worth tracking spreadsheet. It’s a fan favorite, they say.
Also, I love hearing from listeners and readers. I answer all (reasonable) emails and most comments. Please check out my contact page if you have any specific questions, comments, or other interesting ramblings. I’m here for it.
We’re very happy to feature climbers who are living in a financially responsible way, building a business, or inspiring us in some other way beyond the headlines. You’ll find these posts in The Interview Series.