Decade of Frugality and FIRE?

The Wall Street Journal ran an interesting piece this week listing the FIRE (financially independent & retired early) movement as a key development in personal finance over the last decade. The overall focus of the story is on the 2010s as the “Decade of Frugality”. We started our journey to FIRE long before we knew the FIRE acronym and many years before the 2010s began. … Continue reading Decade of Frugality and FIRE?

Christmas Lottery Millionaire?

On my Apple News feed, a recent story popped up about the Kansas State Lottery ‘Holiday Millionaire’ game, which gets drawn on the day after New Year’s. Winning that would change most people’s lives, wouldn’t it? Well … some people don’t think so. As much as the media loves to bedevil wealthy people these days, they also like to poo-poo the idea that having a … Continue reading Christmas Lottery Millionaire?

Professional Consulting Networks

We came home from a trip last week Wednesday, our third of the year, and the next morning I did a consulting call from this unique bench in a park near a shopping center where I had stopped.  It’s a picturesque perch on a man-made lake with beautiful flowers and walking paths.  This shady spot is so different than any ‘office’ I had ever worked in. … Continue reading Professional Consulting Networks

Mindless Money Advice

It’s shocking to me how inane many personal finance articles are. I understand that handling one’s finances can be a complex topic, but so many articles are just simplistic click-bait. This recent article from The Motley Fool is a perfect example. The headline teases ‘Three Secrets To Retire Rich”. That sounds like a pretty compelling article, but when you click on it you find it … Continue reading Mindless Money Advice

Millennials: How Are They Doing?

I’m always interested in seeing how Millennials are doing since my son is that age and their money habits will play a big role in determining the health of the economy over the coming decades.  Most of the financial press likes to focus on them as a group with poor money habits or as victims of the student loan crisis, but I’ve never found either … Continue reading Millennials: How Are They Doing?

FIRE: Everyone Has Their Own Reaction

I’ve noted before that the media loves to create hysteria & fear about early retirement.  From Suze Orman’s cautions that the FIRE movement is “the dumbest personal finance decision people can make” to this recent article from CNBC focusing on the ‘Downsides of Early Retirement That No One Tells You About’. I thought it might be good to offer my own experience as a counterpoint … Continue reading FIRE: Everyone Has Their Own Reaction

Third FIRE Anniversary (2) – Social Life

This is the second April post in a three-part series focused on our third anniversary since reaching FIRE (financial independence & retiring early).  Last week’s post focused on the FINANCIAL aspects of early retirement from this Life Wheel, this week I’ll focus on the three SOCIAL dimensions: Family/Friends, Love/Romance, and Giving/Teaching. My goal in this series is to answer the most common question I get … Continue reading Third FIRE Anniversary (2) – Social Life

A History of Time & Timekeeping

I’ve written before that the biggest difference that I’ve come to associate with early retirement is that your fundamental relationship with the concept of TIME changes. That is, instead of time being USED as a resource of productivity, it becomes SAVORED as a resource of lifestyle enjoyment. Recently, I’ve been reading the magnificent history book Sapiens by Yuval Noah Harari. It might be the best … Continue reading A History of Time & Timekeeping