Time To FI
My Journey to Financial Independence
From the bottom to the top.
Join me on my path to radical self improvement as I fight and claw my way back in health, life and money.
Each month I’ll post an update to where I’m at. I’ll give an update on how I’m progressing on paying off my debt, as well as how the TimeToFI blog is doing. I hope to show a direct correlation between effort and output in terms of site data that hopefully shows growth.
The mindset of a FIghter may help you reach your financial independence goals. Sometimes a fighter’s chance is all we need.
Here’s a fun way I’m keeping the elements I enjoy about gaming in my work towards financial independence. If you currently game and realize the time just isn’t there to game and build your wealth, perhaps adding the following to your strategy will help with the motivation and fun factor…
If you’re wondering about when to buy a new car versus keeping an old one, the answer should be, what’s it worth to you?
This is a little insight into the darkest points of my life. It’s about surviving abusive parents and how the experience shaped my views on money and years of negative self-worth. If you are uncomfortable with a man talking about the abuse he’s faced, please don’t read on.
The first week of Time to FI up and running has been amazing! I’ve had a lot of writing, planning and putting it all together to do this week and I feel that I accomplished more than I had set out to do, especially with the ideas just rolling in.
I strongly recommend, that if your new to the drive towards FI, that you take a moment to reflect on your health. It’s fine to analyze yourself and can go a long way to helping you understand your motivations, what makes you tick, and to identify areas that you feel you can improve upon to improve your chances of success.
Looking at the debt that I’ve amassed, I can’t help but think had I spent less time and money on these hobbies, and focused on something perhaps a shade more productive, like learning how to garden, or fix things around the house, that I’d be in a much better spot.
You can beat your credit card debt and you can do it on your own. Good luck on your journey to financial freedom. I’m currently working on all of these steps simultaneously and I can verify that my mindset is indeed changing and I am certain that I will come out on top of this battle with my credit cards. At the end of the day my credit cards aren’t the reason I’m in this mess. My poor spending decisions are what got me here.
Is Procrastination the Key to Controlling Bad Spending Habits?
I’ll be the first to admit. I should’ve written a book on procrastinating. I’ve proven an expert in the art of laziness. It takes a high degree of skill to navigate and tip-toe around not getting things and done as gracefully as I have and still have a wife and family to come home to.
So much for saving money by streaming. That beats our old cable bill by almost $20.00 per month. Sure, we each get a slice of what appeals to us individually, but at what cost? When you look at my monthly bring home pay, that accounts for almost 3%. That’s easy savings. You might think, it’s only 3% dude. Is it worth it to agitate your family for 3%? No, it’s not. At least not in its entirety.
What’s the point in getting to FI if you don’t have your health? What’s the point if you aren’t happy? So you can be financially secure but miserable? No thank you!
Money is just a tool to help us achieve security. I know I’d burn out if I simply focused on the dollar signs as I reach towards FI. I want all the benefits that come with the journey because in order to cross that finish line I’ll have to become so much better in so many ways.
Current Balances on February 24th, 2019 - $19,254.09
One Month Change = -$230.62 of Bad Debt
Starting Balances on January 25, 2019 - $19,484.71