My Triple Bottom Line Path to Financial Independence (FI) So Far…

I was fortunate to grow up with pretty frugal, thrifty, financially responsible influences around me. My parents and grand parents lived well within their means and other than mortgages for homes they lived in and possibly car notes didn’t tend to carry much debt. I realized that I had grown into someone with a strong aversion to debt when I completed 3 years of service as a Peace Corps volunteer plus one post-college year of study at a university overseas and could no longer defer the $13,000 in student loan debt I had accumulated during my days as an undergraduate student. Continue reading “My Triple Bottom Line Path to Financial Independence (FI) So Far…”

Why Not Just Invest in SRI (Socially Responsible Investing) Index Funds and Call It a Day?

According to the Forum for Sustainable and Responsible Investment, SRI (socially responsible investing) is an “investment discipline that considers environmental, social and corporate governance (ESG) criteria to generate long-term competitive financial returns and positive societal impact. Often SRI offerings avoid companies that derive profit from such things as fossil fuels, firearms, and tobacco.” This is a good start, but those filters, used by most SRI options don’t meet the 3P (people, planet, profit) criteria. For example, as of April 30, 2018 the top ten holdings in Vanguard’s FTSE Social Index Fund Investor Shares (VFTSX) were as follows: Continue reading “Why Not Just Invest in SRI (Socially Responsible Investing) Index Funds and Call It a Day?”

A Roundup of Sustainability and Financial Independence

Perusing the internet over the past couple years I have encountered a handful of financial independence (FI) bloggers and podcasters who are considering the environmental impact of their lifestyles. I find it heartening to find these posts and podcasts. Through this blog I would like to provide those interested with a forum to take this conversation to the next level beyond what has currently been covered in the FI community. This involves pondering how to reach FI through more environmentally and socially conscious investments, income generation, and actions versus the more traditional methods of index fund and rental property* investing. Continue reading “A Roundup of Sustainability and Financial Independence”

A Reluctant FI Blogger, But Nobody Else Is Talking About This

Is it possible to achieve financial independence (FI) while pursuing a triple bottom line, which values people, planet, and profit? I sure think so, but it’s not as straight forward as setting up monthly automatic deposits into low-cost broad based stock market index funds or investing in rental properties and later living off the 4% withdrawl rule, which seems to be the mainstream approach to FI currently. I certainly understand the appeal of these simpler approaches and am delighted that these options have made financial independence accessible to so many people. Continue reading “A Reluctant FI Blogger, But Nobody Else Is Talking About This”