Financial Independence with Business as Accelerator
nigelchua Most people treat forgiveness and access as one decision. They’re two very separate matters, and mixing+welding them together is why so many people end up stuck in one of two bad places — carrying bitterness they don’t want, or carrying people they can’t (and shouldn’t) afford. They answer different questions Forgiveness is about what I’m … Read more
For about a decade I owned dividend stocks. Five+ percent a year, landing in my account, reliably. Tax-free too, for Singapore dividend stocks. I still love ’em – it just works. It was also wrong, and those two facts sat side by side for years without me noticing. Because the money kept arriving, and money … Read more
Work backwards from your FI number, not forwards from a valuation. A sale lands 60 to 80% of its headline price after earn-out risk, fees and tax, so the headline has to be roughly 1.3 to 1.6 times the gap. Here’s the arithmetic, worked through.
Barista FIRE is when your investments cover part of your spending and part-time work covers the rest. Here’s how to work out your number, what it does to your date, and why the part-time income is where most plans are weakest.
An extra $1,000 a month, saved and invested, takes about seven and a half years off a typical 30-year path to financial independence. The version that moves the date most isn’t a gig. It’s selling a skill you already have, because that’s the one that can grow past $1,000.
After a couple of rough months, I got tempted to bring in a fractional CMO. I already have a sales and marketing director. Good one, with me for over a year. The idea was to add a senior marketing head on top, part-time, so growth would run with even less of me in it. I … Read more
Every list gives you the same ways to make an extra $1,000 a month. None gives you the arithmetic: hours against rate, and which routes have a ceiling. Here it is, with the one route where you set the rate.
Same person, same savings, three reasonable sets of assumptions: 20 years, 29 years or 37 years to financial independence. The gap comes from four dials most calculators set for you without saying so.
Coast FIRE is the point where what you’ve already invested will grow into your full FI number on its own, with no more contributions. Here’s the formula, a worked example, and the part coast calculators leave out.
Every FIRE calculator asks how much of your income you save. It never asks where the income comes from. A service business sits on one of six levels, and the level decides what it does to your date — at most rungs the business doesn’t count toward your number at all. Here’s the ladder, with what each rung is worth to you, to a buyer, and to your date.