2018 New Years Resolution: Achieve the Pillars of Financial Independence

So I’ve been blessed to be able to make and save a decent amount of money and it’s allowed me to live comfortably in a new country for a bit of time, but I started to wonder what else I could do with my money. It doesn’t make sense to spend it on things I don’t need or want, but I felt like there were better ways to save it too (and maybe eventually give it). I had read about personal finance before and then I started reading more advanced finance techniques, the goal of which is to achieve what is called Financial Independence or FI for short. As I’ve read more and more about what people have done to achieve Financial Independence, I realized it was a rather big topic, but luckily I found the Choose Fi podcast and found an episode they did called The Pillars of FI. This episode summed just about everything that needs to be accomplished to achieve FI and since I heard it right around New Years, I decided to make achieving all the pillars my new year’s resolution for 2018. Yeah, I think I’m kind of cheating a bit, because I’ve already done a few of things and no I won’t achieve FI this year, but I think putting these things in place will get me closer to that goal, so I felt like I should just try to wrap it up now. Let’s review shall we:

Continue reading “2018 New Years Resolution: Achieve the Pillars of Financial Independence”