We interviewed a person who recognized the power of money early in her life. She used her Biglaw salary to pay off her student loans and saved enough to retire after 5 years of working in Biglaw, thanks to her sound investment strategies and super low cost of living.
Want to retire at 40? Many lawyers are on an accelerated path to reach financial independence.
Money = freedom. If you’re looking for an alternative path, there are plenty of lawyers from solo law to government law to Biglaw that are charting a different future. It’s all about how much you can save today if you want to be in control of your own destiny.Read More
Looking to Outsource?
Sometimes life is too busy and you don’t want to do it all yourself. Over the years, many people have asked me to connect them with the “good guys” in the financial services industry. Below are people and companies that I’ve personally vetted (often meeting them in person). Know that they are paid advertisers on the site but that I routinely recommend them to friends and colleagues and would do so even if they weren’t advertisers.
Earnest combines technology with financial backing from Navient to offer better customer service and good rates.
Student Loan Planner
Many readers have already used Student Loan Planner to help them figure out the optimal repayment strategy for their student loans.
Looking for an insurance agent that won't try to talk you into buying whole life? Pradeep is no frills and no pressure.
Latest posts in Financial Independence
FatFIRE offers strategies for high net worth individuals to build wealth and live a financially independent lifestyle. It’s a community built around scaling FIRE strategies to fit the unique needs of those with high income or who are managing considerable wealth.
The coastFIRE method for financial planning lets you work toward a general FIRE strategy with less stress. You can live with a lower savings rate while you’re working and/or choose to take on a less intense work life as you move closer to retirement. Calculate your target coastFIRE number with the formula below.
Jack Bogle and his followers, the Bogleheads, are famous for giving sound investing advice for getting great returns while keeping costs low.
Taking back control of your life and finances can help you design a life that satisfies your goals and helps you get the most out of each day. These strategies help you hone in on what work-life balance could look like for you.
On the cusp of needing to own a car for the first time in 10 years, I set out to learn everything I could about affordable electric cars.
I’ve been meaning to write. Notice the changes? They’re just for you.
Worried about health insurance once you leave your job? Here are some options to help you better whether the confusing and expensive healthcare storm.
Everyone would love to be financially independent, but what does that actually mean? Here are what I consider the three main steps to achieving freedom .