I’ve always been fairly good with money, but I never realized the power of investing and compound interest until I was well into adulthood.
My Prototype
I was more of a “hide it under your mattress” hoarder of money –which I now know is a surefire way to deplete money’s buying power through inflation — but as a young kid I had no idea. At age 7, I tried my luck at money lending to my step-siblings. That didn’t go too well, since I didn’t have debt collectors at my disposal and they had a hard time taking their youngest sibling seriously. Growing up my parents paid us for chores done around the house. When we received the money (usually $1 per chore) we were shocked to discover that we only received $0.33 for every dollar. “Taxes and Social Security” my Mom said.
Continue reading “How I Navigated My Finances”
I did it again – against all odds. I started this year with the goals to:
I want retire because my life is working (workdays) and recovering from working (weeknights and weekends). There is no room in that cycle for the life I want. And perhaps it is my fault for choosing a career where I interact with people all day that completely drains my introverted core – and at rare times invigorates me with creativity. But it’s also what I’m good at. It’s well paid work that doesn’t involve extra schooling or skills.
I fucking did it. I started this year with the goals to:
I thought the first time I became serious about financial independence was October 2014, but I was looking at a Facebook Timehop today and was greeted with this a link to an NY Times article entitled “