1. A Taste Of Early Retirement Modern Fimily
This post is well titled, as Nic is still at home full time with a toddler. While this may not be the “early retirement” many of us imagine, it’s a reality for those of us with young children at home (and perhaps one more reason I’m not quite interested in early retirement at this stage in my life, but I digress…)
The reason I included this post in the roundup today is not to celebrate Nic officially putting in her notice to leave the workforce – though that’s an awesome big leap as well – but because of her well thought out discussion on mindset and perspective. Life is just life, no matter what we like to tell ourselves, and as she says, even your dream goal life isn’t all sunshine and rainbows (one of my favorite phrases!)
Life is pretty awesome for their little family these days, and it’s easy to look in from the outside and see it as perfect, but there’s no such thing. Choosing to filter the lens a little bit absolutely is.
2. 6 Ways to Fight Deep Debt Traumatized Budget via Medium
“My informal definition of Mega-Debt is debt that requires a decade or more to pay down, proportional to your income.”
For many of us in the financial independence space – but less so in the online personal finance world in general, the idea of debt that requires a decade or more to pay down generally falls into two categories: a mortgage, or maybe student loans. And usually, they are an intentional long game, with low interest rates that may not beat inflation.
Those discussions are valid, absolutely, and financial independence is a fabulous goal. But SO MANY more Americans are struggling with debt on a grander scale, and I don’t often see a deep discussion about what that’s like and the mindset piece that goes with a marathon back to zero. And even going “gazelle intense” isn’t such a great idea when the journey is so long. I loved this post instead because it is full of real thoughts – and steps – for those who have a really big mountain to climb. And that’s a heck of a lot harder than retiring at 30.
3. How To Downsize Your Wardrobe To A Maximum Of 50 Clothes Financially Independent Mom
As I approach 2.5 years of my clothes buying ban, I’m loving reading different takes on minimalist wardrobes. After all, my initial goal with putting a hard stop on buying new clothes was to sustainably whittle down my wardrobe by wearing out what I already owned.
Thanks to some hand me downs from my mom and a number of lovely friends, this shrinking of my wardrobe hasn’t quite gone as planned. I’ve been very selective about what comes home with me these days, but I think it may be time to go through the process that Janneke describes in this post, because I’m certain I still have at least a few things that should be passed along to someone else who will actually wear (and enjoy wearing) them.