About Financial Independence

Welcome to My FI in the Sky! If you’re new here, you may be asking yourself what FI (financial independence) is all about. Hopefully this page can answer some of your questions, and point you towards some of the other resources available on this site. Don’t forget to subscribe!

What is Financial Independence, And Why Do I Need It?

The pursuit of financial independence focuses on many of the same sound financial principles that intelligent (and wealthy) investors have used for years. Rather than try to promote a “hot stock” or get-rich-quick scheme, my personal financial strategy (and the strategy on this blog) is to employ a comprehensive, disciplined, and largely hands-off approach to wealth management with the goal of building enough passive income to cover all necessary expenses. This is “financial independence.”

Financial independence allows you to stop trading your most valuable asset—your time—for money.

Reaching financial independence is not a pie-in-the-sky ideal. It is very real. And through sound saving and investing strategies, you can get there much more quickly than you might think.

But what if I like my job?

Financial independence is more than early retirement. Many people (myself included) enjoy working as a means to keep active and mentally engaged. If you think quitting your job would leave you with “nothing to do,” don’t stop reading now. Gaining financial independence allows YOU to decide what to do with YOUR time, without financial constraints. This concept is completely liberating. Do you want to volunteer full-time at a non-profit? You can do that. Do you want to travel the world for more than the few days per year allowed by your current vacation or PTO plans? You can do that. Do you want to sit on the couch and play video games all day? You can (although probably shouldn’t) do that too.

You’re not alone if you think that giving 8-12 hours per day of your time, sweat, and sometimes sanity to an employer is a bit suffocating. But you don’t have to live in this cycle! I firmly believe that everyone can reach a state of financial independence through a combination of disciplined saving and investing.

Join me on the journey to financial independence!