Evolving Personal Finance » Entries tagged with "financial independence"
What Would You Do If Money Were No Object?
Last week I was asked to respond to this question through free writing: What would you do if money were no object? This was in the context of developing a mission statement, which I’m doing in the professional development course I just started. Other questions related to leaving a legacy and so forth, so my mind was primed to think about the long-term impact of my work. My answers surprised me a bit. They related to … Read entire article »
Filed under: career
I Don’t Work for the Money
I often read in the PF blogosphere about the importance of achieving financial independence through the generation of passive income streams. Some bloggers will go on to explain that until we achieve FI, we are trading time for money, and time should be recognized as a more precious resource than money because it is non-renewable. I turned over the phrases “trading time for money” or “working for money” while Kyle and I traveled for Thanksgiving. (Aren’t … Read entire article »
Filed under: income
Early Retirement Isn’t for Us
Before becoming immersed in the PF blogosphere, I never realized there was such a thing as truly early retirement. If you had said “early retirement” to me, I probably would have thought of retiring at 55 instead of 65. Similarly, I heard “financial independence” to mean independence from parents, not independence from work/active income! I just had no idea that anyone would want to stop their primary career/gainful employment in his 30s or 40s. Now I’m … Read entire article »
Filed under: choices
Feeling Financially Independent
This post was inspired by a Marketplace Money program from last July. The hosts asked all the guests and interviewees to briefly share about the time in their lives when the first felt financially independent. Many answered with “Well, I’m still not…” and others talked about signing their first lease, getting their first full-time job, paying their utilities, that type of thing. My answer to this question is a bit different and it hinges on the … Read entire article »