In this episode: career changes, up-skilling, re-prioritizing, accruing debt for value, childcare, and emergency funds.

The journey to FI is never linear. Sometimes we can find ourselves thinking the only way to meet our goals is to follow a strict plan, which can make adjusting said plan feel like a daunting set back. Well, our returning Households of FI guests Troy and Lindsay believe that flexibility during ones journey to FI can provide you with tremendous value! Making changes in your life, whether it's accruing temporary debt or changing careers, can actually lead to big time payoffs! While it may feel more secure to have a set trajectory with your financial goals, we know life gets in the way! So instead of sticking with a plan that isn't making you happy, try to stay flexible and evaluate all your options!

Timestamps:

1:34 - Introductions
4:55 - Troy and Lindsay Update
12:10 - Avoiding Over Optimization
18:49 - Up-Skilling & Career Changes
27:56 - Upgrading Income and Re-evaluating Priorities
36:15 - Accruing Debt for True Value
40:20 - Emergency Funds
42:58 - Going On Autopilot
46:00 - Expenses and Childcare
50:34 - Evaluating Your Work and Worth
53:14 Raising FI Children
58:54 - Conclusion

Resources Mentioned In Today’s Episode:

More Helpful Links and Resources:

Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy
Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence
Track your personal finances with Personal Capital
Keep learning or start a new side hustle with one of our educational courses
Slash your cell phone bill without sacrificing service with Mint Mobile

292. Bifurcación Academia-Industria