Not too long ago I started with tracking every expense I made. I made a handy spreadsheet to write everything down in Excel and I got to work. I personally love seeing other people’s income and expenses to compare with my own and to see how other people live.
In an earlier post I mentioned FIRE, the movement about trying to reach Financial Independence and Retire Early. I explained the part about Financial Independence, but I wanted to dive deeper in the Retire Early part of the movement.
Is retiring early the only reason to strive for Financial Independence? For some people, it is. Work hard, save money, invest wisely, retire at the ripe age of 28 years old. I personally think that retiring early shouldn’t be the only incentive to start looking more seriously at your financial situation.
The idea had been tumbling around my mind for quite a while now. I started last summer with listening to the Goed Met Geld Podcast, a podcast made by two Dutch financial bloggers. While their content spiked my interest from the start, I had a hard time pushing through and actually starting my own journey to financial freedom.