Who knows about your FIRE plans?

Have you ever tried sharing the idea of financial independence with a friend or loved one? I sure have, more than once. Not that I’m pursuing it myself but more sharing my thoughts about reaching a stage in life where your passive income exceeds the cost of living. That and increase my savings rate. Continue reading

I can see the snowball getting bigger

A familiar metaphor in the world of financial investing is “the snowball effect”. Imagine standing on the top of a mountain in the middle of winter when a fresh amount of snow has fallen out of the sky. What happens when you shape a snowball and throw it down. More and more snow will stick to the snowball, creating an unstoppable object. The same analogy can be translated to investing.  Continue reading