Posted: Sat Mar 23, 2013 8:06 am
2 Years ago I was given the opportunity to work for a company without an office in my country of origin (Holland). At that moment I started to realize that I could build wealth by choosing a country with a friendlier tax system. So this started 2 years ago.. and I have been working on it since. I keep costs low (we live of max 25% of my income) and the rest is saved.
Your Money or Your Life was my first contact with financial independence and ERE made it even more concrete. So a few months ago I wanted to make the end date very concrete and decided that 2020 would be a nice date (I'll be 45 in 2020) so I came up with the 84 months plan. The funny thing is, that if I would have stayed in Holland, 2020 would also be the year that my college loan would have been payed back. Luckily I payed off that debt last year in 1 go.
For me the biggest reason to work towards financial independence is freedom. Freedom of not needing to work; although I probably keep working since I like doing it and I would like to see my capital growing. But I'm not forced to take on brainless assignments. Also having the time to rediscover myself.. finding other hobbies than my current computer/reading related ones. I would love to do stuff with wood/metal. I would also love to be more self sustaining; so grow my own feed.. chop my own wood... reducing the needs to rely on the grid... perhaps some solar panels... somewhere in the mountains/forests for Bulgaria. But this is far away stuff.. and I don't know how happy my girl would be with this
Your Money or Your Life was my first contact with financial independence and ERE made it even more concrete. So a few months ago I wanted to make the end date very concrete and decided that 2020 would be a nice date (I'll be 45 in 2020) so I came up with the 84 months plan. The funny thing is, that if I would have stayed in Holland, 2020 would also be the year that my college loan would have been payed back. Luckily I payed off that debt last year in 1 go.
For me the biggest reason to work towards financial independence is freedom. Freedom of not needing to work; although I probably keep working since I like doing it and I would like to see my capital growing. But I'm not forced to take on brainless assignments. Also having the time to rediscover myself.. finding other hobbies than my current computer/reading related ones. I would love to do stuff with wood/metal. I would also love to be more self sustaining; so grow my own feed.. chop my own wood... reducing the needs to rely on the grid... perhaps some solar panels... somewhere in the mountains/forests for Bulgaria. But this is far away stuff.. and I don't know how happy my girl would be with this