5FF

5 For Friday: The Best FIRE Links of the Week (11/10/17)

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Photo Credit: Ryan Johns

 

We’ve got a great set of posts from this week! For many reasons, these posts truly spoke to me. Without further ado….

The 5 Best FIRE Links

8 Life Changing Lessons from Destroying My Student Loan Debt

MMM writes about the 8 lessons he learned after paying off his student loans. One that especially resonates with me is that it gave him the ability to start ramping up his savings rate and have the flexibility to be an entrepreneur. Folks, this is where it’s at. If you have no room for error financially and can’t support yourself for an extended period of time without income, it’s incredibly hard to take any sort of risk. Another great post from MMM!

3,000 Bus Rides

Chris at Apathy Ends talks about having a “Hate/Love/Hate”* relationship with work. While not everyone hates their job, it’s fair to say most people would prefer to be working on their own interests and projects. There’s no getting around it, you’re trading some of your life force and dreams in exchange for money so that someone else’s dreams can come true. Chris talk about the lack of control that you can feel relying on a job and is actively working to make sure that his freedom isn’t 5,000 bus rides away.

*Invert the words and you get “Love, Hate, Love” which happens to be a kickass Alice in Chains song. The voice control on Layne Staley was other-wordly.

Our Early Retirement Charitable Mission and Donor Advised Funds

In this post, Tonja speaks about giving to charity. This is something that interests me long-term, and Tonja lays out why she gives to charity and blatantly admits that giving to charity makes her feel good so it’s not “self-less”. The more I read about Tonja and Mark, the more I admire them. They seem like fantastic people.

This Month On The Homestead: Apple Cider and Pumpkins

This post combines a lot of things I love such as the outdoors, beautiful photos, and a great DIY lesson. The lifestyle the Frugalwoods’ have created for themselves closely approximates what I’m shooting for. Click on the link and see what being frugal can get you.

I Don’t Want to Live Like I’m Poor Forever

Jeremy and Winnie at GoCurryCracker talk show how depriving yourself in the short-term is not equal to depriving yourself in the long-term. I learned that saving 50% of your salary once was common financial advice! There’s some great quick math layed out in the post as well as an emphasis on saving earlier rather than later (see the Money Multiple)

That’s All, Folks

That’s all I’ve got for you this week. Go forth and conquer the weekend as a slightly wiser version of yourself!

Which post(s) resonated with you most this week? Is there a post that you loved that you think I should check out? Let me know!

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