The Resilient Investor Map (RIM): A Helpful Tool for a More Resilient FI

Resilience

I live in a coastal city in Florida with a burgeoning arts movement and vibrant downtown. The quality of life that is achievable in this not too high cost of living area is quite impressive. That said it is one of those cities you might think twice about moving to if you read Tanja Hester’s Building Climate Change Into Your Early Retirement Plans blog post at Our Next Life. A variety of models show a good part of this city, including the downtown area, potentially ending up under water in the next 50 to 100 years. My city government is well aware of this possibility and is currently seeking input on an Integrated Sustainability Action Plan (ISAP). One word that comes up frequently in ISAP discussions is resilience – how do we make our city more resilient in the face of climate change, a potential economic crisis, or some other (natural or economic) disaster? It’s a very important question for any city to ask. We as individuals can also benefit from contemplating how to make our own lives more resilient. Continue reading “The Resilient Investor Map (RIM): A Helpful Tool for a More Resilient FI”

In Lieu of a February Blog Post

This month finds me with a very long to do list as I pack up my belongings and prepare my house to put it up for sale in a few weeks. I’ll be moving in with my boyfriend, just a couple miles away. I’m selling the house because I don’t want to be a landlord. However, my boyfriend and I have considered investing in a property close to his house at which we could host small group retreats teaching others about sustainable living and investing as a path to financial independence. We’ll see what the future brings on that front…. Continue reading “In Lieu of a February Blog Post”

Regenerative Investing – An Interview with Ethan Roland Soloviev

In an ideal world all of the answers to my questions pertaining to a more environmentally and socially conscious path to financial independence, particularly as it relates to regenerative (vs. extractive) investing would magically appear while searching Google (or Ecosia.org if we want to plant trees with each search). I gather that many people reading this blog seek answers to these questions as well. I have encountered hints of answers on various websites and plan from time to time to interview some of the thought leaders and key practitioners I’ve learned about in this space. Continue reading “Regenerative Investing – An Interview with Ethan Roland Soloviev”

The Dissonance of (FI) Philanthropy

The end of a calendar year finds many people fortunate enough to have discretionary income strategically doling out charitable contributions, giving in ways and amounts that enable them to support causes that are important to them, while maximizing tax breaks and other efficiencies within our financial structures. The Financial Independence Retire Early (FIRE) community is no exception and includes some who optimize even their philanthropic activities via donor advised funds. Continue reading “The Dissonance of (FI) Philanthropy”

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”