![]() So I agree, it’s time for another post on this strategy. I know many of you have changed your FIRE plans and are now working towards Flamingo FI and semi-retirement. It takes you to FI in 10-15 years (while working part-time and without saving!). It means you have the hardest part of the journey behind you. And to this day, I still feel that Flamingo FI is the ultimate financial independence sweet spot. We started working towards Flamingo FI in 2016 and got there in 2020. In fact, I’ve summarised everything you need to know about it in this 2018 article: Flamingo FIRE – The Best Path to Financial Independence? The reason why I don’t write about the math and mechanics behind Flamingo FI that often is that it is a really simple concept. Many of you commented that I don’t write enough about our signature “type” of Financial Independence – Flamingo FI. "Probably one of the most straight forward and easiest to understand personal finance books with simple next action items to set yourself up for success on your journey towards financial freedom." Jeffrey Diritto, Goodreads Review.One piece of feedback from the recent Money Flamingo reader survey surprised me. The author writes in plain English and provides some really smart advice about our money and some really cool suggestions & referrals." Wesley, Goodreads Review. Readers are already enjoying Retire Before Mom and Dad: "I thoroughly enjoyed this book and will go back and re-read, study & refer to many of its sections. The book is designed for anybody wanting to master their money, but is tired of all the complicated jargon. Life Experiments: Learn how your daily habits are affecting your finances and how you can master those habits by asking "what if" questions and running 21-day experiments.The book walks through a simple way to pay off your debt in a sensible way while still saving, investing, and pursuing other financial goals. Get Out of Debt: Debt doesn't have to hold you back from your financial goals.You'll also get a simple plan you can follow to decide which accounts are best for you. Retirement Accounts: From 401(k) and 403(b) accounts to a Roth IRA and HSA (Health Spending Account), you'll learn how these accounts work. ![]() This book provides everything you need to build a simple investment portfolio that you can actually understand. Simple Investing: The days of being intimidated by mutual funds or the stock market are over.You'll also be able to determine how your daily, weekly and monthly decisions affect your journey to financial independence. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |