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I’ve been getting a few questions about AI lately.
And fair enough – it definitely looks like it’s going to impact the world in a meaningful way.
But what does that mean for someone trying to build financial independence?
That’s what I’m fleshing out in this week’s article. I discuss:
— How AI could affect the FI community
— Which jobs and industries look most exposed and how to think about your own situation
— How property and shares will fare in an AI-world
— Whether you should stay at work longer due to AI risks
Read: How Will AI Affect Financial Independence
STRONG MONEY PODCAST
For those of you following my Strong Money pod, you’ll have seen I dropped the audio version of this week’s article there first.
This is something I’ll probably do every now and then if I feel a topic is important enough to sit in the podcast library. Other than that I’ll keep revising and updating my best older topics for you to enjoy.
I think we’ll end up with around 70-100 killer podcasts that encompass the key lessons from my content since 2017. It’ll be like a ‘Greatest Hits’ album. After that, I’m not sure…
Listen here on Spotify, Apple, or on the website
P.S. If you’re enjoying the show, please share the podcast with someone you know and help spread the message to more people.
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AUSSIE FIRE PODCAST
In this week’s podcast, we answer the following listener questions:
— Is it worth selling shares to buy solar panels?
— The impact of 5% deposits on the property market
— Our thoughts on high yield and property ETFs
— Is 5-8 years long enough for a ‘high growth’ strategy?
Listen now on Spotify or Apple
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THOUGHTS OF THE WEEK
Your job is not who you are, it’s just something you do. Getting your entire sense of identity from one single thing is going to prevent you from claiming your freedom when you can afford to.
People are losing their minds given the global uncertainty, so it pays to zoom out and remember the following. Most of your wealth will come from just a few things: how much you invest, what you invest in, and how long you leave it there. The rest is just noise.
Keeping your lifestyle the same as your income grows is the greatest personal finance hack that almost nobody does.
