I’m writing this week’s 5FF from the beautiful Pacific Northwest! I’m here to interview for a promising new job. While I haven’t had much time for original content this week…never fear, 5FF is here.
5FF: The 5 Best FIRE Links
Lisa at Mad Money Monster talks about a new concept (to me, at least) called FIOR: Financial Independence Optional Retirement. Basically, you have the option to keep working once you hit financial independence if you love what you do. That’s a sensible philosophy. Beyond FIOR, she also addresses selective frugality. Basically, save money and be frugal but spend money on the thing(s) most important to you. While you won’t reach FIRE/FIOR as quickly as someone who slashes every expense to the bone, you’ll likely be happier and more well-balanced as a person. This post emphasizes that the path to financial independence is highly personal and highly customizable!
Rob specifically wrote a post about 401(k) millionaires. He was inspired to look into this issue after learning that only 0.3% of TSP (government retirement program) contributors are millionaires. Check out this interesting post and make sure you’re one of those millionaires!
Justin at Root of Good walks us through is recent trip in Venice, Italy. He’s got beautiful photos in here and the post pulls you in, unlike a lot of antisceptic descriptions of the world’s wonders.
I personally adore Venice and have fond memories of walking around there with no particular destination in mind. Venice is best off-season. When I achieve FIRE permanently, you can bet I’ll be doing an extensive amount of traveling. I’ll reference Justin’s posts for many of these trips because they’re just that good.
Mrs. Freedom is Groovy put out another refreshing post this week. Basically, she revels in the “boring” things in life that bring her joy and also happen to not cost money. Instead of seeking validation in empty spending, she has gratitude for the things already in her life.
Mr. Crazy Kicks goes into one of my favorite topics – geoarbitrage! Like Justin, he puts together a wonderful travel post in Belize. The cost of his trip? Astonishingly low. See how far your money can go in Central America by checking his post out!
That’s All, Folks!
That’s all I’ve got for you this week. Go forth and conquer the weekend as a wiser version of yourself!