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Most people think financial independence is about freedom from work.
But there’s another kind of freedom that I’ve come to appreciate more over time – the freedom to stop keeping score.
In this week’s article, I talk about how we’ve become obsessed with tracking, measuring, comparing and optimising everything now.
Not just finance, but sleep, steps, goals, work, followers, status, and basically every aspect of life.
I explore why this game never ends, and how FI lets you step away from society’s scoreboard and why life is better when you stop trying to turn everything into an achievement.
Read: The Freedom to Stop Keeping Score
STRONG MONEY PODCAST
What happens when you become so good at saving that it’s hard to turn off? This trap is surprisingly common in the finance community.
In my latest pod I unpack why it happens, how it can become its own little prison once you get to FI, and what to do about it.
Because if you feel permanently compelled to save aggressively, it’ll eventually prevent you from enjoying the life you truly want.
🎧Listen here on Spotify, Apple, or on the website
📄Read the article version here
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AUSSIE FIRE PODCAST
There are new ETFs coming out seemingly every single month.
A lot of them are absolute trash. But there are some that are worthy of investing in – and actually compete with some of the most popular funds already out.
In this episode, we take a look at a bunch of new ETFs, including VDAL, BGBL, A300, V500, and one ‘factor” ETF that I find interesting.
If you’ve wanted to hear my thoughts on any of these newer ETFs, you’ll enjoy this one.
🎧Listen now on Spotify, Apple, or YouTube
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THOUGHTS OF THE WEEK
So many people are obsessed with their house or rental property going up in value. But equity is not freedom. This thinking keeps people trapped in the workforce far longer than they need to be. You can have MILLIONS in wealth, but unless it’s parked in the right places, it could mean NOTHING for your ability to leave work.
The golden handcuffs of full-time employment are shiny and familiar, yet they’re also tight and restrictive. The longer you wear them, the harder it is to imagine life unshackled.
My portfolio fell $102,688 in March. Three months later it has recovered all of that, and then some. This is why I don’t worry about the red months, even if they hurt at the time. When it happens, I zoom out and remember I’m investing for DECADES, not days.
