Financial Independence: Redirect Employment.FIRE has traditionally stood for Financial Independence Retire Early, but for the ever growing FIRE community this term has also come to encompass: Check out how I am achieving happiness through financial independence.Īchieving Financial Independence is a goal for many. Reaching FI means you have more time and are statistically more likely to take the risk of starting these highly rewarding and satisfying creative endeavours and passion projects. This means having your needs fulfilled in accordance with Maslow’s Hierarchy of needs – first the essentials like shelter and food are taken care of, then relationships and finally self actualisation through creative endeavours and passion projects. I personally believe happiness is a result of Good Health, Good relationships and Good Wealth. Whilst money can’t buy happiness per se, money can help you avoid a lot of things you find unpleasant (which might be working long hours or living away from your family). You might have heard that money can’t buy you happiness and to some extent that is true. Don’t be afraid to break out of formation with regular 9-to-5’ers – take your first steps towards Financial Independence by reviewing your personal goals and values.
This uses the core principles of mindfulness, efficiency and minimalism. It’s about working out what you value the most, and empowering you to have the freedom of choice. Your Money Or Your Life | Vicki Robin – Book Summaryĥ Frequently Asked Questions Financial Independence, Retire… Eventually?įinancial Independence gives you the choice to direct your time and energy into the things that you truly value, rather than the things that don’t (like working that 9 to 5 grind…).
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