You now have your definition of Financial Independence (FI) and are intrigued enough to pursue FI – but why? It is important to know the why because this journey can be long, challenging, and at times boring. Knowing the “why” keeps us motivated. And if we truly understand our “why”, we will have the answer when our friends and family ask, “So what’s all this Financial Independence stuff about?” You’ll confidently retort with your “why”.
Watch: What’s your why? My talk from Camp FI in April by J.D. Roth of getrichslowly.org
Read: 5 Reasons to Pursue Financial Independence by Roshawn Watson
Listen: The Why of FI by Brad Barrett and Jonathan Mendonsa of choosefi.com
Read: 16 Great Reasons to Become Financially Independent by Jillian of montanamoneyadventures.com with your significant other, best friend, or close relative. Discuss the relevance it has in your life now and the relevance it may have in your future.
Take Action: For each of the 16 Great Reasons, consider how you believe your life will be affected when you reach Financial Independence. Write these ideas in a journal and refer to them often to remind you why you have chosen to achieve Financial Independence.
Read: Emotions of Financial Independence by Brandon of madfientist.com
Read: Valuable Lessons from My First Year of Freedom by Brandon of madfientist.com
Read: Financial Independence- The Best Thing Money Can Buy by Aardvark Advisor of aardvarkadvisor.com
Quote: “I am no bird; and no net ensnares me: I am a free human being with an independent will.” from Charlotte Bronte’s Jane Eyre