The Broke Generation This is the year you... start thinking bigger picture with your money
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Jan 28, 2025 Explore the importance of a big-picture mindset in personal finance. Discover how to break free from the cycle of living paycheck to paycheck. Learn about the 'freedom from' and 'freedom to' concepts that reshape your financial goals. Embrace the 'rich life' philosophy, focusing on joy and purpose while aligning spending with personal values. Understand net worth tracking as a tool for empowerment, and navigate your personal journey towards financial growth with practical strategies for success.
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Think Bigger Picture
- Think bigger picture with your finances by exploring the FIRE movement, rich life concept, and net worth tracking.
- These concepts empower you to achieve more than you thought possible, pushing your financial boundaries.
FIRE Movement Mindset
- The FIRE movement, though seemingly extreme, offers valuable mindset shifts applicable to anyone.
- It involves condensing your working life and prioritizing your future self by extreme frugality, high savings/investment rates, and long-term investing.
Freedom and Finances
- Explore your personal definition of freedom, considering what you want freedom "from" and freedom "to" do.
- This exercise reveals ways to incorporate more joy and purpose into your life now, regardless of FIRE pursuit.
