The chapter delves into individuals' views on homeownership and the nomadic lifestyle, exploring the financial commitments and existential crises associated with owning a home. It discusses the idea of co-owning a house to increase housing options and reduce financial burdens, emphasizing the importance of choices and flexibility in achieving financial independence. Additionally, the conversation highlights the concept of Coast FI, the balance between saving and guilt-free spending, and the significance of self-education and continuous improvement towards financial goals.
In today's episode we are joined by a guest, who we met in a FIRE Discord server, and wanted to share her story. Our conversation is a great example of the diverse reasons why people choose to seek financial independence. As you’ll discover, family health issues set then 23-year old Catherine on her FI path, largely as a means to ensure her financial security should she encounter issues of her own as she ages. Listen to our conversation to hear just how much progress she's made in only two years.
Interested in checking out the FIRE Discord server? Here's a link: https://discord.gg/ArESGNZRax