When trying to spend less, the three most effective places to look are housing, transportation, food, and clothing. These are the places where people typically spend the most money so any savings will have a greater impact on your overall spending. It is important to keep sight of the overall picture when looking to … Continue reading Spending Less
Here are all of our purchases on Amazon starting 10/8/17. I will also include our thought process for buying them and our reviews after we got them. Leather-Soled Shoes (Moccasins) We buy these for our 2-year-old son because they are softer and more flexible than normal shoes. I believe this helps him to walk with … Continue reading Amazon Purchases
The simple answer to making more money can be summarized by one quote. “You get paid for bringing value to the marketplace” -Jim Rohn
What is Financial Independence? Financial independence is probably one of the best ways to improve your life. In addition to the most obvious benefit of not having to work anymore, financial independence has many other beneficial side effects. Before we get into them, let’s get on the same page of what it means to be … Continue reading Benefits of Financial Independence
The goal of FatherFI is to help more people find Financial Independence (FI). Financial independence is when you make enough passive income to pay your living expenses. There are many benefits in addition to the obvious benefit of not needing to work to survive. Reaching FI allows people to focus more on fulfillment by spending … Continue reading Financial Independence Overview
Budgeting is misunderstood by many people. Everyone has a budget. What you spend your money on is your budget. The difference with having a written budget is that you consciously choose what you spend your money. This allows you to feel more wealthy with the same income because you won’t waste your money on things … Continue reading Fulfillment Through Budgeting
I have noticed that many people with high incomes take pride in their inability to enjoy less expensive things. “I can only drink Fiji water”, “I don’t know how you can bear driving a used car”, “I can’t stand to shop at Wal-Mart”. What all of these statements imply is that they can only be … Continue reading Unhappiness is a Status Symbol?