lifestyle inflation is common and almost natural. But, if your goal is Financial Independence, however, then you cannot afford to inflate you lifestyle too much.
Early this year I had my “aha” moment. My “Why”, my reason for pursuing FI, has been staring at me the whole entire time since I discovered the FIRE movement.
It is preventing hundreds and thousands of Filipinos from increasing their net worth. It’s the main culprit that puts people into perpetual debt.
Money is freedom. Whatever your notion about money being evil and not a source of happiness is not going to help you or your offsprings. So make money and invest them in index funds.
If you haven’t invested in stocks—index stocks, specifically—then you are missing out. Stock investing is the best investment vehicle of all time. US stocks have continued to grow since its beginning.
Achieving Financial Independence allows Filipinos to pursue their many passions and interests without having to worry about where to get money to pay for bills.
Happiness and Financial Literacy I made an important discovery: I became happier when I became more financially secured. (Not rich—not flauting material things—just feeling financially secure.) Financial literacy, the ability …