Financial Independence Archives - Page 12 of 18

May 11, 2020May 10, 2020

Do Tough Times Make Tough People?

History provides context to the current events of our lives. If you snoozed through your high school history class, the global shutdown and pandemic of the novel coronavirus might seem like the worst event to ever face mankind. While it is certainly not, many of us might (or will soon) find the pandemic to be the largest global crisis we’ve faced in our lives. It begs the question: Do tough times make tough people?

May 4, 2020May 4, 2020

Lauren Abernathy: Finding the Balance

Alrighty folks, we’re back on the interview bandwagon! This week I am pleased to bring you an interview with the industrious and energetic Lauren Abernathy. Lauren is a 25-year old professional, fully-obsessed climber, writer, and lover of adventure. And she’s a boss of her money.

At an age when Lauren began optimizing her professional life and learning to save for her freedom, I was trying to free myself from four to three nightly PBR’s.

Grab a cup of coffee, PBR, or whatever and let’s settle into some incredibly important life lessons for those at any point along their journey.

April 20, 2020April 20, 2020

The Fallacy of Happiness and Meaningful Work

We all want to live the best life. Today we examine the paradox of how attempting to do just that can result in less happiness after all. For all of us that dream of the greener grass on the other side⏤a full-freedom lifestyle or a better job⏤why do so few find a life of contentment once they’ve hopped the fence?

April 13, 2020April 14, 2020

Market Timing: Why It (Still) Doesn’t Work

Oh boy! Nothing like a good bear market/recession quick-slider combo to stir the simmering pot in the investing world! There’s no need for a long introduction. Let’s dive into the meat: why market timing still doesn’t work.

April 6, 2020April 11, 2020

Boredom? Ain’t Nobody Got Time For That

It’s clear now that we will be stuck in our homes for all of April, doing our part to stem the spread of the coronavirus. And let’s be real, I’ve got a close eye on May as well, if not October. While we may be minimizing our physical health risks by staying at home, the negative effects of boredom might be the second-wave infection facing our society. What can we do to maintain or even improve our prospects for sound mental and financial health during these times?

March 23, 2020April 3, 2020

Shocking Headlines of the 2008 Financial Crisis

(And Why They Are So Important Now)

I don’t want to talk much about the novel coronavirus today. I want to talk about money, because that is what I do here. Money may not be a priority for you and your family now amongst a spreading virus. However, I want to calmly acknowledge that the world is also facing a very real personal finance threat, one that could be far more impactful for most Americans than the virus itself (which I’m not taking lightly). Before we make rash decisions in a time of panic and hysteria, let’s examine some important headlines from the 2008 financial crisis and why those messages are so incredibly important right now.

March 16, 2020August 9, 2021

The Sky is Falling: Lessons from the Coronavirus

Happy Monday! What a week! The coronavirus is spreading like southern Kudzu and is now officially a pandemic. Social distancing is suddenly the new order, flaming a wildfire of fear and panic, crippling the economy. The stock market is currently down 20% from its February high. The S&P 500 dropped 9.5% in a single day. And then the very next day the market bounced back 9.3%. We have entered bear market territory, ending the historic 11-year bull market run. OPEC meddling crashed oil prices. And I just quit my job. We have (had?) big plans for a new way of life. So, what’s changed?

March 9, 2020February 21, 2021

I Have Cash! Is Now a Bad Time to Invest?!

Hey, hey, hey! Some cash just landed in your lap. Or perhaps you have a vested interest in your company, and now your stock is available to sell or transfer. What do you do with it? Do you keep it? Invest it elsewhere all at once as a lump sum and hope the market doesn’t fall (further)? Is it best to dollar-cost-average? WTF is dollar-cost-average?! But isn’t there about to be a recession?? Ahhh!! Let’s take a look!

February 10, 2020October 12, 2020

BREAKING: I (Sort Of) Quit My Job

WHOOAA!! Yes, it’s true. By the time you are reading this, I have finished my last day in Corporate America, facing an uncertain future. We have achieved financial independence, perhaps reaching a new pinnacle of unrelatability. I have no job, and I have no plans for a job. The story of how this came to be is both planned and not, but either way, I’m incredibly excited for what is to come. So, how did we get to this point?

January 20, 2020January 20, 2020

Wow! You Are So Lucky to Retire Early!

Wow! You Are So Lucky to be Financially Independent!

Are those who become financially independent “lucky?” Are successful business owners, elite athletes, or artistic masterminds “talented?”

Perhaps. But it’s hardly the entire story. Where and how does good fortune end and real “luck” begin?