Welcome W-T-Fi’ers. I’m a 25 year-old millennial from Atlanta, GA. After 3 years with a “real” job, I quit, moved to Shenzhen, China (aka the “Silicon Valley of Hardware”) and began to teach English as a Second Language (ESL). (Did I mention I’m a millennial?) One thing I haven’t changed is my coveted goal of reaching Financial Independence (FI). This blog is about my path to reach FI, and maybe a few travel and expat experiences along the way. Enjoy!
My goal is to reach FI in ten years (2029). With annual expenses of $24,000 (USD) per year. Using the basic rule of 25x times your annual expenses, I will need approximately $600,000 (USD) to never have to trade my time for money again.
I first discovered the FI “rabbit hole” when I was 16 years old. I was working a summer internship at my local water department. The internship went well but, I spent most of my time surveying old pipes in bad parts of town. Fortunately, I made friends with the construction crews. One day, one of said crew members, “Big Mike”, introduced me to Dave Ramsey while we were eating lunch in the truck. I heard a loud-mouthed, big personality, radio guru who preaches about the benefits of living a life with no debt. This was my first exposure to personal finance. I was hooked! I spent every free moment absorbing personal finance blogs, podcasts, and books. Unfortunately, even with this knowledge, I managed to accumulate more than 40k (USD) in student loan debt. I was so disappointed in myself that when I graduated college and got my first “real” job, I paid off 30k of my debt. And I won’t stop there.
Thank you for taking the time to join me on my path. Feel free to comment and give me ANY feedback, suggestions, or encouragement to reaching my goal.