I decided to start working towards financial freedom and FIRE after a three-step-thought process that looked something like this:
1. Mental step –
I was contemplating how fortunate I was being in the position I was; a wonderful job, good savings, having had great (free!!) education, stable home life, amazing Mr Viking, essentially feeling very grateful. This lead to contemplation about what I should do with this fortunate life I have been thrown into. What should I do? I have always been a goal-setter when it comes to life, but this time it was different.
This time I felt like I owed it to myself to really and fully think about what I wanted to do the most. I had to realize how fortunate I had been to be put down on earth in a position where I actually had leverage to make many things happen. How many other women in the world could say the same? Is not the least I can do then making my wildest, scariest dreams come true?
How few are the countries I would have had to be born in to being given even a realistic percentage of ending up with parents educating me enough to have me probabilistically set myself up for an economically good future?? And then have me coincidentally ending up being clear-headed enough to realize this advantage?
There are always amazing outliers, rising up agains the challenges their backgrounds have brought and winning, but the thing is, I am not one of these outliers. If anyone has had the opportunity to set themselves out to a good start, me and my fellow Scandinavians out there are definitely in that group . Given the poverty, inequality and suffering in the world, it would be a blind lie to say otherwise.
My financial independence goal will be a real challenge given the heavy taxation in my country, but seriously, have I not been given all the tools I need to handle it? No, as I contemplated further, I owed it to the collective sum of all of these incredibly low probabilities to at least give my financial opportunities a serious thought.
Similar thoughts continued to spiral into an understanding of how important it is for me to feel like I have a choice. I thrive in multi-choice environments and never feel more alive than in the eye of a storm of possibilities. Freedom to have possibilities, and freedom to choose between these ended up being the only constant I could define for myself in the endless list of things I want to do and accomplish in this life. This freedom is what I want.
This is how I came down to the goal of financial independence.
2. Information-gathering step: What is FIRE?
Is this something anyone has done? I mean, don’t you have to be born into ridiculous wealth, or be lucky enough to invent Google to become financially independent?
In Scandinavia, being able to live off of your wealth is just not something you do. And the people that do have left the country a long time ago. So what do you do when you are fairly certain you are among the very few to have though of something few others have? You google it only to realize you are one hundred percent wrong.
I started reading. And reading. Several weeks of me gathering information about people doing this crazy financial independence “FIRE”-thing. Mr Viking got equally excited. This wasn’t just a small boys club of little rich dudes from Switzerland as I first thought it would be (sorry for the horrific generalizations here). These were people everywhere. From all over. People just like me, who slowly but surely worked out a strategy for accumulated savings aka freedom and not letting anyone stopping them. I was amazed. I wanted in.
3. If this is going to be a journey, why not invite the rest to come along? -step
I loved to write a few years ago. Now I write code all day, but due to lack of time (read bad prioritization) I barely ever write normal text. After having received so much FIRE-input for so many weeks (see step 2) I felt this big bold blurb of words inside of me. I had things I wanted to say about this. I wanted to share. If I was doing this for sure, trying to reach financial independence as soon as I could, why shouldn’t I let everyone that wanted read my story?
Looping back to step 1, it turned into this reasoning about how this was almost the least I could do. So I started. And my fingers started writing by themselves. Self conscious about writing in english I stopped and erased. And started over. And over. Until I realized that it wasn’t about the language, or about the stylesheets or the color themes. The writing had nothing to do with that and everything to do with how light I felt after each post. How happy it made me to write. How incredibly impressed by the thoughtful comments and feedback I have received from the FIRE community since starting.
This is still a tool for me to realize my FIRE goal. But independently of that, it has become a goal in itself, with an intrinsic purposefulness that really has nothing to do with the first goal.
Thank you for following me on this route.