Why FIRE Chasers Can Be Short-Sighted
I never see anything in FIRE numbers taking into account paying for parents and considering their situation. All we focus on it seems is when WE can be financially independent.
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6 39 1I never see anything in FIRE numbers taking into account paying for parents and considering their situation. All we focus on it seems is when WE can be financially independent.
A couple of times a year, I reread Mom’s legacy letter, written 14 years ago. Her wisdom and advice still speak to me today. How many times do you think I have revisited my mother’s legal will? Never.
Here is the IPS that my wife and I have developed to help us achieve our financial goals. Committing our plan to paper has simplified our financial plan and has been a resource for us to refer to and build…
I’ve heard of some parents even printing out ‘job applications’ for different household tasks and projects and sticking them on the fridge. That way ‘kids’ could apply to a job that interests them and get paid a certain amount after…
I relied on my husband to make all the financial decisions and treated him as the provider of the family. It would come back to haunt me.
Good dads should try to give their kids both roots and wings: roots to give them bearing and a sense of belonging, wings to help free them from constraints of any kind.