You see that ding? That pea-sized dent in the pristine stainless steel facade? Notice the scratch below it? Those just got me a brand-new refrigerator that’s at least twice as nice as I would have gotten.
You’re looking at $2,300 of damage right there, believe it or not. Let me explain. Continue reading
Is FI an antidote to career burnout? What causes people to feel like they need a change, and how can they walk away in today’s world?
On the What’s Up Next Podcast, Melissa Blevins, Bill Young, The Happy Philosopher and I talk with Doc G and Paul Thompson about our career pivots and how being financially aware makes it so much easier to make a change.
Check out the episode here.
Most people have heard of Abraham Maslow’s Hierarchy of Needs at some point in their lives.
The basic notion is that human needs are grouped and ranked such that the basic needs — food, water, shelter, sleep, clothing — are the most important. Unless those needs are met, higher needs such as friendship, self-esteem, career advancement and the like do not become primary motivators in day-to-day life.
In Maslow’s pyramid, financial security is in the second layer, along with personal and emotional security, health and well-being, and safety.
I think it’s more important than that. For the majority of people, financial security is a base-level concern that directly affects all of those other basic needs.
A year ago, I was wrapping up my last day of work, shaking hands and enjoying sugary goodness with co-workers, kind of freaking out over having my name and picture on CNN and being unmasked as the guy behind I Dream of FIRE. I was starting my mini-retirement.
There’s no time like the present to get started on that change you’ve been meaning to make.
No, really. Do it now.
Otherwise, you’re likely just going to keep putting it off.
Let me explain. Continue reading