The Financial Model I’m Working Toward that isn’t FIRE or Traditional Retirement
There’s the traditional financial model: work until you’re 60 and retire. Then came new age models like FIRE. In this article, I’m sharing my own financial model.
How to Stretch Your Resources: Book Summary of “Stretch” by Scott Sonenshein
I recently read Stretch by Scott Sonenshein on the value of stretching our resources instead of chasing after more.
Scott was particularly interested in “why some people and organizations succeed with so little, while others fail with so much.”
The Difference Between Being Wealthy and Being Rich
Rich people buy objects. Wealthy people buy assets. But also, there’s so much more than that. Here’s my list of what makes someone truly wealthy.
We Should All Be Millionaires With Rachel Rodgers
I recently read We Should All Be Millionaires by Rachel Rodgers. I wanted to share some of the profound takeaways from the book, including excerpts.
How to Know if You’re Doing Well Financially
I recently Googled “financial benchmarks for performance” and found quite a few rules but none of them resonated with me: You can measure your net worth against your parent’s at a similar age. You can compare how you’re doing compared to your peers (but that’s just a guess).
Financially Independent, Retire Early (FIRE) and the 4% Rule
Some people get an ick feeling about the word retire. If you’re like me, maybe you envision yourself working/creating to some extent forever, but on your own terms. You can think of FIRE as the pivot point to when you can do whatever you want because income is flowing to you effortlessly whether you work or not. With FIRE, you can’t “run out of money.” Your wealth becomes self-regenerating.