I guess the best way to start this blog would be with a review of my goal and my financial situation. At the moment I don’t have a time specific goal in place. I know that I want to become financially independent while I’m still young enough to truly enjoy it. I’m not trying to reach this goal for anybody else, nor do I plan to spend my money on designer clothes, fast cars and luxury items. The idea is rather that I will have the freedom to do what I wish to do, such as retiring (very) early, travel the world without worrying about money flow and generally be able to lead a normal life without having to work 9-5.
I am a young female living and working in London - one of the most expensive cities in the world. My partner and I are currently renting a flat as we are planning to move abroad within the next few years but luckily have a very good deal as we are renting the flat from family.
I have not always been concerned with saving and investing. Like many young people I have been to university landing me with a massive student loan in spite of working during this time. I have travelled often and far and have bought a huge pile of clothes which I have never used.
It’s only been in the past year I have thought more and more about what I actually want out of life. It may sound sad to want to collect money in a pile while you’re still young be the idea is that I want a decent life both now AND in the future hence I have thought more and more about how to achieve this. To me, I would like much more time to travel, see my family and friends, write and read than I do now and the best way to get more time I think is through complete economic freedom which will allow me not to work unless I wish to do so.
This was much longer than planned so I will leave the analysis of my economic situation for tomorrow.
I am a young female living and working in London - one of the most expensive cities in the world. My partner and I are currently renting a flat as we are planning to move abroad within the next few years but luckily have a very good deal as we are renting the flat from family.
I have not always been concerned with saving and investing. Like many young people I have been to university landing me with a massive student loan in spite of working during this time. I have travelled often and far and have bought a huge pile of clothes which I have never used.
It’s only been in the past year I have thought more and more about what I actually want out of life. It may sound sad to want to collect money in a pile while you’re still young be the idea is that I want a decent life both now AND in the future hence I have thought more and more about how to achieve this. To me, I would like much more time to travel, see my family and friends, write and read than I do now and the best way to get more time I think is through complete economic freedom which will allow me not to work unless I wish to do so.
This was much longer than planned so I will leave the analysis of my economic situation for tomorrow.
1 comments:
I can probably learn a thing or two from your blog. Unless I manage to marry a rich man that is, in which case I wont be needing any money.
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