- How many years do you expect it to take to FI?
- Now keep adding 1 year to your FI projected year and number of years it will take you to FI. Keep doing this until you think that the benefit is not worth the effort anymore. 1 After how many years did you stop?
- If you don't FI within expected years in 1, how many more years are you willing to stay committed before you move on to the next most probable or interesting goal?
- Suppose, you are the all or nothing type of person, then wouldn't it better to live the life you wanted to live post-FI 2 from the get go even if you can't afford the costs and consequences right now 3 ?
So please reply with:
- Years until FI
- Year when you FI
- Age when FI
- How many more years are you willing to work toward FI on top of 1 before abandoning ship
- Alternate lifestyle you'd like to live instead eg. big house or 4 children or 5 cars or illegal activities.
Also could this explain ERE/MMM vs reaction-to-ERE/MMM-in-MSM 4 ?
1 Try not to be idealistic or naive here by saying 'I'll do whatever it takes' or 'I wont give up no matter what.' You are falling into an Emotional Trap then, to your own detriment. If it helps you take heart, I have a quarter of a century ahead of me before I FI.
2 Not necessary regarding spending or strictly in a financial sense, but when making career choices, relationship-wise etc. Having a different target to begin with instead of FI?
3 Called: 'Go for broke.'
4
- MMM= Mr Money Mustache
MSM = Mainstream media.