- SHOCKINGLY SIMPLE MATH OF EARLY RETIREMENT DRIVERS
- SHOCKINGLY SIMPLE MATH OF EARLY RETIREMENT DRIVER
- SHOCKINGLY SIMPLE MATH OF EARLY RETIREMENT SERIES
Speaking from personal experience, FIRE resonated with me because whilst I quite enjoyed my job, I resented the fact that I was ‘stuck’ there 5 days a week. Why do you want to reach FI? What will reaching FI mean for you? How will it make you happy? One of the biggest mistakes I have personally made and that I see all the time is people thinking that reaching financial independence will make them happy. How FIRE plays a part in helping you achieve a level of happiness can be explained better in lesson 2. You’d be surprised how many people would feel 10X better by just getting a decent amount of sleep each night and eating the right foods. Start from the bottom and work your way up and don’t skip over the physiological needs either. This hierarchy of needs is universal and transcends generations.Ī spice merchant in Ancient Egypt 3100 BC would still need to cover each level on the pyramid (pun intended). In 1943 an American psychologist called Abraham Maslow published a paper called “A Theory of Human Motivation” which included the now very famous Maslow’s hierarchy of needs. I know life sometimes feels really complicated and stressful but at the end of the day, we’re still just another animal on Earth whose needs and desires haven’t changed that much over the ~50,000 years we’ve been roaming around.
SHOCKINGLY SIMPLE MATH OF EARLY RETIREMENT DRIVERS
The sooner you identify the key drivers of your happiness, the quicker you can start to plan out your ideal life. But figuring out what sort of life is going to be fulfilling and bring us purpose is a personal journey.
SHOCKINGLY SIMPLE MATH OF EARLY RETIREMENT DRIVER
This driver for happiness is behind nearly everything we do. The driver and end result for both activities is still the same.
SHOCKINGLY SIMPLE MATH OF EARLY RETIREMENT SERIES
One involves instant gratification whereas the other is delayed by a series of uncomfortable painful sessions. That’s fun as hell! But going to the gym 3 times a week and lifting heavy shit is… less obvious. Now, there are going to be thousands of different answers to that questions depending on who you’re speaking to but the common denominator will always be the same… a desire to feel joy/to be happy. Have you ever asked yourself the following question and really mulled it over? It’s a bit philosophical but it’s really important and it sets the tone for everything we do.
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We’re starting this list with the most important lesson. What worked? What didn’t? What’s the point of it all?ġ.
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I’ve been thinking a lot about the lessons I’ve learned throughout the journey. My mindset, goals, strategy, desires, priorities have all shifted throughout the last decade. That’s how long I’ve been chipping away at this goal. It wasn’t until a year after reading that book that I stumbled across Mr Money Mustache and the FIRE movement, which again, changed my life.ġ0 years. That book (and the concept of FI) changed my life. I started full-time work at the end of 2011 and discovered the concept of financial independence (FI) sometime in 2012 after reading Rich Dad Poor Dad by Robert Kiyosaki.