TIP689: My Journey into Financial Independence w/ Stig Brodersen

You're listening to TIP. I've always been a daydreamer, and one thing I always dreamed of, no, one thing I was naively sure of was that I wanted to be financially independent, but I just wasn't sure how. And on my 29th birthday, I just started teaching at a local college and my wife was finishing up her PhD in economics at the time. So now seemed to be the time to make moves. Or so I thought.

So decision number one, we wanted to keep our expenses low. So I fired up Excel, created a budget for how much money we could save every month, made assumptions on investment returns, and figured out that on two salaries, we could likely be financially independent by the time we were 45. Today we are 40. Everything has changed multiple times. And I want to share my key takeaways in our journey to financial freedom.

Now, this episode is far from a step-by-step guide. It's my naive journey into financial independence. It's about the successes and even more about the failures. It's a story about what I learned that perhaps some of it would be useful for you, and perhaps it won't. We all shape our experiences, upbringing, and environment.

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