How To Achieve Financial Independence (Despite Obstacles)
00:00:00.000 | If you look at what would be the ideal setting
00:00:02.620 | for somebody to achieve FIRE, right?
00:00:04.640 | It would be a married couple, no kids,
00:00:07.120 | very high salaries, professional salaries,
00:00:09.760 | live in a low cost area and have no student loan debt.
00:00:14.600 | And somebody who would have a very challenging time
00:00:17.720 | would be single, income family, lots of kids,
00:00:20.920 | high cost of living area.
00:00:22.880 | Yeah, I was in a very high paying industry
00:00:24.780 | and a very high paying job in finance.
00:00:27.200 | I had little to no student loan debt.
00:00:30.000 | We had a single income family,
00:00:31.840 | so my wife didn't work once we had our daughter.
00:00:34.180 | And we lived in a high cost of living area.
00:00:36.080 | I think even if you are somewhere in between,
00:00:38.000 | between the ideal and the not so ideal extreme,
00:00:40.680 | you can still make it.
00:00:41.620 | I mean, I did it.
00:00:42.500 | And there are lots of people who achieved FIRE
00:00:45.800 | without ever earning six figures.
00:00:48.880 | I understand there are some challenges,
00:00:50.520 | but I think also a lot of the criticism,
00:00:52.680 | it's a little bit of coping, right?
00:00:54.060 | It's easier to make excuses than to get your act together and do it.