By Paula Pant
It’s tempting to think of “financial independence” as a finish line. You’ve either crossed the finish line, or you’re still running the race.
But financial independence is more nuanced, says today’s guest, Joshua Sheats.
We experience seven stages of financial independence, Joshua says, and we should break down our Major Goal — financial independence — into a series of […]
By Paula Pant
After serving in the Navy for 20 years, Doug Nordman, then age 41, retired from his military career.
Most of his peers started second careers in the civilian world. But Doug didn’t.
He had an ace up his sleeve: he had spent his military career saving 40 percent of his income. By the time he turned […]
Written By Paula Pant
It’s time to wave the truce flag over one of personal finance’s greatest battles.
One of the most spirited debates in personal finance circles is the classic “earn more” vs. “save more” standoff.
The “earn more” crowd argues that raising your income is the best way to reach financial independence. There’s no upper limit […]
By Paula Pant
Jim Collins, also known as popular blogger JLCollins, has been financially independent since 1989.
He achieved this in the simplest way possible: he saved half of his income and invested in index funds. That’s it.
Jim says that if your goal is to build financial freedom, the simplest possible approach is the […]
By Paula Pant
When Jim Wang was 29, his life changed forever.
Jim started an online company (a blog) in his mid-20’s. His website grew to several hundred thousand readers and he eventually sold it for $3 million.
He experienced:
That crazy era when a business grows beyond wildest expectations. The fear that the good days might not […]
By Paula Pant
Jeremy used to work 80-hour weeks to maintain his sprawling suburban house, car and motorcycle.
But around age 26 or 27, he took a life-changing vacation to the Philippines. He ate mangoes, laid on the beach and learned to scuba dive. By the end of the trip, he decided he wanted to retire and […]
By Paula Pant
A few years ago, J.D. Roth was overextended on a mortgage he couldn’t afford.
He was unhappy. He was overweight. And he had $35,000 in consumer debt.
Then he turned his life around. He paid off every penny of his consumer debt. He began exercising and eating healthier foods. And he detailed all of […]
By Paula Pant
Brandon, a married thirty-something software developer living in Scotland, is about to quit his job.
Unlike most of his peers, Brandon won’t look for another job. He never needs to work again. He’s retiring in his thirties.
He didn’t catch a lucky break. He doesn’t have a seven-figure startup. Brandon built financial independence in the most accessible […]
Written By Paula Pant
I’d like to explain … well … why this website exists.
Afford Anything promotes a handful of radical ideas:
#1: You can create financial independence — the ability to quit trading-time-for-money, because your investments cover your bills.
#2: Financial independence comes from passive income.
#3: To build passive income, you’ll first need to create a […]
Written By Paula Pant
I moved to Las Vegas last week.
When I say this, people often respond in three main ways:
[…]
