The reason I prefer to have money is to afford options in my life. With time I have also come to respect the limits of money however. I used to believe that it was about attaining a certain “number”. When I started my financial journey, I would research how much would I need? Like many, I believed that it was some magic number that once attained, all your problems would be solved. There are a myriad of calculators and articles written about this vaunted “number”….Continue Reading “How Little Do You Really Need?”

For my family, this is one of the best options for buying real estate especially in expensive cities. I believe in buying “forever” properties so that I can minimize realtor fees and transaction costs. (A multiplex refers to small residential multi-units of 2-4 units) There are a few ways to attain financial independence. Paper route– Save regularly over a period of decades usually into investment accounts with 60% equities and 40% bonds. Eventually live on a 4% safe withdrawal rate. So much has been written…Continue Reading “Reasons To Buy A Multiplex”

I use this amount because this is a life altering number. There are so many who continue to remind us that 1 million dollars today is not the same as 1 million dollars in the past. Therefore this larger number is to allow all discussion to surpass those barriers. Thankfully this has been a question that I have used in some form or another to make many big decisions in my life. It is a wonderful thought experiment. It allows one to compartmentalize for themselves…Continue Reading “How Would Your Life Change With A Billion Dollars?”

This is my curated minimalist packing list. I love packing lists since like a shopping list it keeps one in check. But the best part of a packing list is that it seems to get better after each trip. The goal is to strive for traveling light with one small bag. The Bag(s) Any backpack between 16L – 20L- I use the Fjallraven 16L backpack Baggu- for shopping, I keep one with me everyday Collapsible backpack- 20L Sea-to-Summit Drawstring bag- I use this to keep…Continue Reading “Minimalist Packing List For Women”

It makes sense to have a wealth plan. This may be for no other reason than to have a template to make all the other parts of your plan a reality. This is the backbone of curating your life to allow you to be pulled and pushed toward wealth since it a very trackable game. Setting up your life where you develop a value based foundation of expenses will help guide your journey. You can consciously decide which areas of your life you would like…Continue Reading “Design A Wealth Plan”

Start by making a list of things that you love. The people and activities that you want to have in your life on a regular basis. This will form the backbone of a life plan. I think this will be a very important exercise as this life plan will require daily practice on a mental as well as a practical level.
There are a plethora of websites that have begun with the premise of FIRE. This stands for financially independent retire early. They all begin with…Continue Reading “Do What You Love Everyday”

I strive to simplify my life. Here are five ideas that I currently use. Eat The Same Meals Regularly People tend to forget how much time food takes in ones’ life. The planning, shopping, prepping, cooking and clean up. I used to watch my mother prepare meals for hours only to have them eaten in 10 minutes. It is a multi prong activity. Some people really enjoy it. I am not one of those. Several years ago I made a general outline of meals that…Continue Reading “5 Ways To Simplify My Life”

FI= Financial Independence FIRE= Financial Independence/ Retire Early I am a huge proponent of FI or Financial Independence. But not a fan of FIRE or Financial Independence Retire Early. I would not say that I am totally against it, but to highlight that there might be another way. The fact remains that many who are able to achieve FIRE are very focused and motivated people. They are likely to achieve much of whatever they plan anyways. I agree with the adage that one should retire…Continue Reading “FI Maybe Not FIRE Just Yet”

This is one of the core tenets that this site will focus on. This is achievable when one consistently follows certain guidelines. I will continue to write about certain principles that work for many people. A whole different life opens up when one can achieve FI. I truly feel that the quicker one can achieve this the better. It will open up optionality for many folks when they reach this stage. For those who enjoy their career, they can continue and will likely enjoy it…Continue Reading “Become Financially Independent aka FI”