Financial independence and early retirement continue to attract mainstream attention. This is a good thing. Check that, this is a great thing. Of course, with this attention there are more naysayers and critics than ever. One of the main criticisms of the FIRE movement — and of frugality, in general — is that those who … Read moreDiscipline equals freedom: The difference between deprivation and depriving yourself
It’s been two years since I last looked at my overall financial situation to determine whether I have the resources to meet my goals. In those two years, much has changed. I sold my condo and bought a home in the country. I repurchased Get Rich Slowly. I invested in not one but three other … Read moreAm I financially independent? (And does it matter?)
When J.D. decided to spend three weeks in Europe with his family, he asked a few people if they’d be interested in contributing articles during his absence. He even asked me! My name is Scott Rieckens, and I’m new to the world of smart money management. I’m new to the world of financial independence and … Read moreFive lessons I learned while making a documentary film about FIRE
My name is Zach, and I write at Four Pillar Freedom, where I tend to tackle financial topics through data visualization. While J.D. is on vacation, I offered to explore one of his favorite topics: the effects of saving rate versus investment returns. Albert Einstein supposedly once said that compound interest is the eighth wonder … Read moreWhich matters more for building wealth: your saving rate or your investment returns?
Financial independence can mean different things to everyone. A 2013 survey from Capital One 360 found that 44 percent of American adults feel that financial independence means not having any debt, 26 percent said it means having an emergency savings fund, and 10 percent link financial independence…
Fiology is a brand-new site that I believe will interest many Get Rich Slowly readers. It’s an attempt to gather in one place related articles about a variety of common topics from the world of financial independence and early retirement. Here’s how Fiology founder David Baughier describes his goals: My motivations for Fiology are simple … Read moreFiology: The online encyclopedia of financial independence
More and more, I’m meeting people who want to know how to retire early. There’s been a lot of buzz in the media lately about early retirement, and that’s led folks to wonder how much money they would need to quit their jobs — or if early retirement is even something they should consider. Why … Read moreHow to retire early: Early retirement by the numbers
If you are exiting your 20s, you may be gallantly resisting the urge to “adult” and actually pay attention to your finances. But it’s time to get serious, people. You don’t need to obsess over every detail of your money just because you are entering your fourth decade of life, but there…
Yesterday, my pal Paula Pant published a podcast interview with financial guru Suze Orman. Based on reader requests, Paula asked what Suze thought of the FIRE movement. (For those unfamiliar, FIRE is a a term used to talk about folks who have achieved financial independence or retired early.) As it turns out, Suze Orman does … Read moreSuze Orman hates the FIRE movement. She hates it, she hates it, she hates it.