Blog

Could Drawdown Be the Most Comprehensive Plan for Financial Independence Ever? – Part II

Previously, here at the home of 3pfi we reflected on how we might apply some of the solutions recommended in the book Drawdown: The Most Comprehensive Plan Ever Proposed to Reverse Global Warming and benefit from them in the pursuit of financial independence. In this post I’d like to continue these musings working our way through a few more of the one hundred solutions posited in the book. As outlined in that last post, the solutions are grouped into seven categories: energy; food; women and girls; buildings and cities; land use; transport; and materials. Continue reading “Could Drawdown Be the Most Comprehensive Plan for Financial Independence Ever? – Part II”

Could Drawdown Be the Most Comprehensive Plan for Financial Independence Ever? – Part I

Last month I attended a presentation by Paul Hawken editor of Drawdown: The Most Comprehensive Plan Ever Proposed to Reverse Global Warming, which was released last year. This plan developed by a team of scientists, consists of 80 solutions (see the summary here) grouped into seven categories: energy; food; women and girls; buildings and cities; land use; transport; and materials. I thought it could be interesting to ponder some of the suggested solutions in relation to the pursuit of financial independence. This seems especially timely given recent posts emphasizing sustainability and climate change on other FI oriented blogs, most notably Our Next Life and Tread Lightly, Retire Early. Continue reading “Could Drawdown Be the Most Comprehensive Plan for Financial Independence Ever? – Part I”

My Guest Post on Sisters for FI

A number of female bloggers in the FIRE space are highlighting the connections between sustainable living and financial independence. One of those young ladies is Catherine, one of two sisters behind the website Sisters for FI. I gladly accepted her invitation to submit a guest post, which is the first in a new series on their site showcasing women, who are simultaneously pursuing FI and a triple bottom line, which equally values people, planet, and profit (3pfi) — sounded like a great fit to me!!! Continue reading “My Guest Post on Sisters for FI”

FIRE Drill Podcast – My Guest Appearance

Welcome to my first ever podcast interview!!!!

If I maintained a bucket list I imagine being interviewed on a podcast would  be on it. And as of today  — well the actual interview was recorded on September 4, but the interview didn’t go live on the internet until today — I could cross that item off the list.  Continue reading “FIRE Drill Podcast – My Guest Appearance”

Going Confidently and Joyfully Rogue on the Path to Financial Independence

Back in March Mr. Money Mustache (MMM), probably the most well-known FIRE blogger, penned a post he titled Money and Confidence Are Interchangeable. (Make sure to check out his Recipe for Badass Confidence towards the end of his post.) In this article he gives some examples from his own life to make the case that a person who has enough confidence could quit a job s/he doesn’t like to pursue work s/he does enjoy and make enough money to live a comfortable, happy life. MMM notes that since many people lack this confidence they stick with a well-paying job that makes them miserable because they fear they’ll be unable to create sufficient income streams on their own doing work that’s meaningful to them. Continue reading “Going Confidently and Joyfully Rogue on the Path to Financial Independence”

Looking Beyond Financial Capital on the Path to Financial Independence

The most well known and sought after form of capital is financial capital. Yet, there are a number of other forms of capital and they are almost never mentioned in the FIRE realm. Admittedly, they are for the most part less tangible and fungible, but they are forms of capital that are convertible inputs into financial capital. In fact, it seems to me all financial capital, at least initially, came about as a result of the conversion of another form of capital into money or financial capital. Combining different types of capital creates value. Creating value is the basis of creating wealth. While they don’t necessarily fit easily into spreadsheets, opening our eyes and minds to these other forms of capital can bring us closer to true financial freedom as well as a more joyful, meaningful life. Continue reading “Looking Beyond Financial Capital on the Path to Financial Independence”

My Guest Post on the Your Money or Your Life Blog

I was honored and delighted to be invited by Vicki Robin, co-author of the seminal and paradigm shifting book Your Money or Your Life (YMOYL), to submit the first guest post on her new blog.  YMOYL is one of the books most frequently referenced in the FIRE (financial independence/retire early) realm. It certainly had a strong impact on my life when I read it almost ten years ago.

Happy Reading….

 

Social Capital – an overlooked lever on the path to FIRE

Many of us pursuing financial independence and desiring to retire early are constantly checking spreadsheets, prowling the internet for more life hacks and optimization strategies, and sidehustling our way to greater savings. One thing I don’t hear discussed much in the FI world is the concept of social capital and what a tremendous lever it can be on our path to financial independence. It became clear to me this weekend when I made a presentation to my local ChooseFI group on the topic of building social capital how few people in the room were familiar with this terminology and line of thinking. Continue reading “Social Capital – an overlooked lever on the path to FIRE”

The Problem is the Solution – Waste Stream Diversion Part III

Fear sells so the media and advertisers inundate us with messages of scarcity. Having peered into many dumpsters and watched numerous documentaries on the subject of waste it seems to me that the real issue, which gets far less attention, is poor distribution and reuse of the abundance that surrounds us. Our current version of capitalism as well as the limiting beliefs under which many of us operate discourage the re-directing of so many still usable items from food to furniture to essentially everything that gets thrown out. Continue reading “The Problem is the Solution – Waste Stream Diversion Part III”

Sustainable Side Hustles – Waste Stream Diversion Part II

So much of what ends up in the trash may not be needed by the person throwing it away, but could easily be put to use by somebody else. Unfortunately, capitalism often makes it more economically viable for businesses and people to throw things away than to re-direct them to people and businesses that could use them. My rationale for dumpster diving melds my environmental concern with the obvious economic benefit of obtaining much of the food I eat, the clothes I wear, and many other items for free. In fact, I find so many still usable items of value in the trash that I am able to generate a couple thousand dollars every year selling this “waste.” Continue reading “Sustainable Side Hustles – Waste Stream Diversion Part II”