Over the past 4-5 years of embracing the ChooseFI mindset, I’ve gained the confidence to make some major changes in my life. My wife and I have been savers and investors since we were married 18 years ago. In the first years we only had $50 of fun money each month, as the rest was all dedicated to expenses and investing.
Over time our income grew, kids came, we built a bigger house, etc, but kept saving and investing. Finding ChooseFI about 5 years ago gave me hope that maybe I didn’t need to keep grinding out at my job for 25 more years. Maybe there was a way to get my money to work for me and find more meaning and purpose other than grinding out my time at work?
During COVID my wife started a YouTube channel and started posting when she was not able to do her old job. For several years it grew slowly, but in time it has had a compounding effect, and now is a significant amount of income. Between tracking our net worth over the years, trusting in the 4% rule, increasing our income from our side hustle, and embracing Coast FI, it gave me the confidence to give notice at my current job of 14 years (CPA and C-suite level employee).
Without all the confidence I’d gained from ChooseFI and similar platforms, I don’t think I’d have the confidence to decide for myself how to design the life I want and chase after a better future. We put all the kids in homeschool this fall and will be starting a 4 month road trip once I finish out my commitment to work in a few months.
— Mark