5FF

5 For Friday (5FF): The Best FIRE Links of the Week (12/29/17)

5FF: The 5 Best FIRE Links

Ten Reasons to Delay Your Early Retirement by Five to Ten Years

This post by Physician on FIRE serves to make you think again about retiring early. Not in a bad way, but in a way that forces you to ask yourself “why am I doing this again, and am I doing it correctly?” You can still retire early but delay it by a few years and execute on your intentions better. Click the link to check out the fun, song-themed reasons!

SAVING MONEY OR INVESTING: WHICH IS MORE IMPORTANT OVER TIME?

Rob at Mustard Seed Money decisively settles the question of which is more important for early retirement: a higher savings rate or a higher investment return? It’s well-written and there’s plenty of evidence to back up his answer. I enjoyed reading it and you will too.

If Money is Not the Motivation, What Is? — an Interview with the Mad Fientist

Paula at Afford Anything interviews one of my favorite personal finance bloggers, the Mad Fientist. Find out here what drives the Mad Fientist!

Dude, Just Effing Do It

Chris at Apathy Ends made one of my favorite posts of the year on one of the last days of the year. It definitely has my favorite title. His ethos here is very familiar to you if you’ve read my post “Embrace the Suck” (read it if you haven’t!). All the advice in the world means absolutely nothing if you don’t take action, so put on your big boy or big girl pants and get to it!

The New Tax Law and How It Impacts Your Early Retirement

The Mad Fientist makes another appearance on this week’s 5FF! He doesn’t post as much as he once did but every time he does, he’s dropping gold nuggets on us. This post is exactly what I wanted, when I wanted it. He went through the trouble of figuring out how the new tax reforms will affect you. If that’s not enough to motivate you to read it, you must not like money!

That’s All, Folks!

That’s all I’ve got for you this week. Go forth and conquer 2018 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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2 thoughts on “5 For Friday (5FF): The Best FIRE Links of the Week (12/29/17)

  1. I think growing income is far more important than growing savings. You can only cut expenses by so much, but if you work hard enough (and with enough luck), income can scale exponentially.

    1. Hello again Troy, thanks for commenting!

      Income can scale up significantly while savings is capped at 100%. I think that having a high income without having your savings habits locked in is a recipe for disaster. There are plenty of paycheck to paycheck 1%ers out there. As you grow your income, streamline savings and build discipline so once you do bring home a lot of money, you can hold onto most of it. I’ve made a lot of money before but saved none of it. Life is infinitely better once you knuckle down and straighten out your spending and savings patterns. Increasing income as well as increasing savings are strategies that work best together, they’re synergistic in my mind.

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