What It Is
Starting a blog is an interesting thing. I am not what you would call a ‘blogger’. I don’t think any of my friends would think of me as someone with a ‘blog’. In fact, the word ‘blog’ still sounds weird to me. Not natural.
I have been reading many blogs in the personal finance space and it is interesting to me that there are large extremes involved. The Blogs are weighted to extreme frugality or full time investors that are buying homes and renting them out. There doesn’t seem to be many blogs in between these two extremes and this is where I am hopeful I can create my niche (in what I would think would be the mainstream). I guess not too many people who work full time are interested in blogging about the personal finance journey – luckily I am 🙂
We are all on our own journey’s.
I respect everyone’s experiences and I believe that there is a lot to learn from all perspectives. I like to save money and I like to invest my money wisely but it will be a good day if I could be financially free at 55 – in the personal finance community this is ‘late’ but among my peer group and I would wager, the vast majority of the peer group in North America, this would be very early.
What I am trying to say is that becoming financially independent is as much about what you don’t do as what you do.
- Pay yourself First
- Invest from an early age
- Keep debt to a mininum
- Have an emergency fund
- Think of your home as an investment
- Leverage yourself to high levels
- Stop advancing in your career
- Get complacent about your employer income
- Forgo home ownership
For me, the financial nirvana of 90% of the middle class of North America needs to be in between these two categories.
I am going to show what I do and I am hopeful that people reading of my experiences will gain some knowledge – maybe just enough to take their future into their own hands. Being free is what it’s all about and unless you are financially independent, you are not free.
Happy Sunday everyone