Finance for people who don’t have space for Finances in their life
This blog is about getting to live the life you want without giving up your time or your lifestyle on your way there.
The typical personal finance advice is to penny-pinch aggressively, change your lifestyle or to pour over investment information to better your finances. We don’t do that here.
Minimum effort, minimum disruption, maximum gain only. If it’s not time-efficient or incredibly effective we don’t bother with it.
You can make small, targeted financial changes in your life to achieve huge financial outcomes.
I (mostly) liked my life before retirement at 32 but I wanted more.
So I decided Financial Independence and Early Retirement (AKA FIRE) was the most permanent answer to my problem and I wanted to chase it without ruining the good parts of my current life.
Because of this, I walked down a different path to early retirement than many other folks. A path where I prioritized time-efficiency and simplicity above all other investment metrics.
If you feel like you are too busy to take on something lifechanging, then this blog is for you!
What commitment can I make to you?
- Emails I send will be short. Less reading = more time for you.
- I will not write fluff – If it’s not important I’m not going to waste your time or mine just to get a few views.
- Maximum effectiveness – Everything is about maximum effectiveness (AKA high $/hr). If it doesn’t pay well it’s not being written up (I’m talking about YOU survey sites).
- Stand-alone articles – No milking articles for extra posts . You will be able to read 1-article and act.
- I will help you skimread – I will provide internal article links so you can skip most of the article, plus a TL;DR so you can really skip to the bare bones.
What’s my backstory?
Once upon a time, I was a normal-enough guy in my 20s working a job in high tech in Toronto Canada (more about me or this if you’re interested). My family wasn’t rich or poor and I didn’t make a pile of money. Then after a particularly painful year at work, I decided I didn’t like the concept of working long days and commuting for the rest of my life.
I could have just looked for a new job but that felt like a band-aid solution. The new gig would end up getting hard eventually too – all companies were the same in the end. Anyways, I knew I could love my current job if I didn’t have to work so damn much.
So I figured out an escape route to lose the need for a job and scrape back the time I felt I so sorely lacked in life.
Along the way, I gained a wife and some kids which just added to my motivation to free up my life to live it properly.
Now I’m retired at 32 to the life I want to live, and my wife did the same. We love our lives now and enjoy our path here. In fact, we thought it was so great that we started this blog to help people reproduce our journey.
Why is FIRE great?
For me, this is pretty straight-forward. I think working is decent but I don’t think you can live out your dreams and live life exactly as you want it while spending the majority of your life’s time working.
Want to live in Paris for a year and sip coffee every morning in a cafe with friends? Not very likely if you have a cubicle calling for you. What other dreams do you have that are made impossible by work?
Therefore, we have to find a way to not need to work. This frees up time to do the awesome things we thought we would do when we became adults.
To be honest, post-FIRE I don’t have the oodles of time I expected but I spend my time how I want to at least.
I’m not composing music or anything impressive like that, but if I want to watch some movies I do it guilt-free. Or if my kids want to wander a forest for 8 hours, I’m there with them poking ant hills and slipping in the mud.
Why ‘FiveYear’ FIRE escape?
The concept of FIRE taking 5 years isn’t a magic number. That’s how long it took me from the day I decided to chase it. I think achieving FIRE in 5 years takes some savings to start with, a decent income and some luck. I had those things but if life doesn’t go your way and you retire in 8 years you are still getting out decades before everyone else.
Also, it sounded better than Five-to-Ten Year FIRE escape 😛
Is this you? You want more but don’t want to burn your life to the ground to find it?
If this is you, join me on the FIREescape.
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