Why the financial independence community is wrong

ArmWrestleWow! I can’t believe you fell for that clickbait title. But now I have you here, perhaps you’ll hear me out.

I have to start with a massive disclaimer in huge flashing neon letters. I am part of the financial independence community.

For those of you who are unfamiliar with the concept, we ‘FIers’ are interested in the concept of building up enough investment capital to allow us to live from the investment returns and make working for a living entirely optional from a surprisingly young age (e.g. 30). Most people achieve this by saving a massive proportion of their income from a professional job. (more…)

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How to work 33% of full-time

RelaxingWARNING: Basic arithmetic ahead.

Don’t worry though, there’s nothing too complicated about this concept. In fact, the first time I thought about this, it seemed far too simple. We all know that when something seems too good to be true, it usually is, right?

However, in this case, I think my logic’s pretty sound. Also, this is roughly how my family and I actually live and we’re…well.. still alive, so maybe it’s not so crazy.

I’ve previously written in detail about one of the specific ways I generate income: freelancing. I do that because it suits my particular skills and temperament. However, doing freelance work instead of being an employee in order to be able to work much less is simply one example of a general principle which I’ll explain here.

These are the 2 steps which you need to take to (reasonably) quickly allow you to work 33% of full-time hours. (more…)

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