
917: Friday Q&A: Birth Tourism, Choosing Books for Children, Saving Too Much Money, Develop Business to Full-Time
Radical Personal Finance
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Saving for Financial Independence
In general let's start with a philosophy of savings the only reason you save money at all is because you value something in the future that you could spend the money on more than what you value today. Every person will have a different name for what they value so somebody who's pursuing fire will often value the idea of freedom right say i value the freedom i can have from work in the future more than i value what i could spend themoney on today. So then we have to look at consumption and when you go into most lifestyles you wind up with a set of decisions that are fairly homogenous within a groupMost of the people who pursue early retirement financial independence generally speaking do it before having children
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