LESSON 52 : FI-VANGELISM

Fiology Lesson 52: FI-vangelism

Congratulations! You’ve finished a thorough exploration of the critical concepts of Financial Independence. Think of where you were a year ago and the progress you made along the way and how much better your future will be for it. Of course you didn’t incorporate everything you learned (surprise, no one does) but you did increase … Read more

LESSON 51 : LIVING THE FI LIFE

Fiology Lesson 51: Living the FI Life

Once we’ve overcome our internal struggle with the One More Year Syndrome and set a date to pull the trigger from traditional work, life changes – in most cases for the better. We are all unique and not quite certain how we will feel or what we will be doing in the next chapter of … Read more

LESSON 50 : THE DYNAMIC JOURNEY

Fiology Lesson 50: The Dynamic Journey

Fiology thanks Miss Mazuma for shaping this lesson.   As we’ve discovered by now, even within the FI community, there is a spectrum of people with varying styles and habits that range from extreme frugality, content to live on $25K a year or less, to what some may consider lavish, deciding that living on more … Read more

LESSON 49 : SOCIAL SECURITY

Fiology Lesson 49: Social Security

There are plenty of views and opinions regarding Social Security. For many in the FI community, planning goes forward with the assumption that it won’t exist at some point in the future. That is a very conservative approach. The question of the duration of the Social Security program has been ongoing for decades so many … Read more

LESSON 48 : CARING FOR AGING PARENTS

Fiology Lesson 48: Caring For Aging Parents

Time marches on, for us and for those we care about. When we are young we think of our parents as permanent and only much later realize that isn’t the case. We all grow old and eventually die. That journey is difficult for us and for those who take on the responsibilities of helping us … Read more

LESSON 47 : DREAM BIG

Fiology Lesson 47: Dream Big!

Why did you choose Financial Independence? For most of us it’s so that we have the option to focus on things in our lives that bring us happiness and fulfillment. For some, this means spending more time with family and friends, for some it means continuing to do work they love, and still for others … Read more

LESSON 46 : ONE MORE YEAR SYNDROME

Fiology Lesson 46: One More Year Syndrome

Fiology thanks mentor and friend Doug Nordman of The Military Guide for shaping this lesson. After years of diligent savings and being extremely aware of and planning for all fathomable downside future risks, nearing the FI finish line can be both exciting and scary. It is a great position to be in and should be … Read more

LESSON 45 : REAL ESTATE INVESTMENT TRUSTS

Fiology Lesson 45: Real Estate Investment Trusts

In the FI community, there is no shortage of advocates for owning rental real estate and there is no shortage of members who steer clear of rental real estate. A few reasons people invest in real estate are monthly cash flow and to have assets that do not perform lockstep with the stock market, thereby … Read more

LESSON 44 : SEQUENCE OF RETURNS RISK

Fiology Lesson 44: Sequence of Returns Risk

Fiology thanks the FI community’s subject expert Karsten “Big Ern” Jeske of Early Retirement Now for shaping this lesson. Stoicism is a practical philosophy that provides a way to think about how we interpret stimuli, both positive and negative, so that we can respond in a controlled and appropriate manner.Indeed, for buy-and-hold investors, the compound … Read more

LESSON 43 : FI-LOSOPHY – STOICISM

Fiology Lesson 43: FI-losophy - Stoicism

Fiology thanks The Happy Philosopher for shaping this lesson. Stoicism is a practical philosophy that provides a way to think about how we interpret stimuli, both positive and negative, so that we can respond in a controlled and appropriate manner. The process of saving and investing on the way to achieving Financial Independence can be … Read more