Financial Independence Through Investing, Minimalism & Mindfulness
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Mindfulness, Financial Independence, Blog, Minafi, Canonical.
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The "Call to Adventure" to pursue FIRE matches the first step on the classic "hero's journey". The following steps match up miraculously well to a tale we've all ready a hundred times.[Read more...] about Is FIRE A Hero’s Journey?
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Minimalism, Blog, Minafi.
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A minimalism mindset embraces less, sometimes with the knowledge that you may lose your one and only tool for a job.[Read more...] about Minimalism is Learning to Accept Losses
Tax loss harvesting is a strategy for reducing taxes today by selling funds at a loss. While this seems counterintuitive, this allows you to pay less in taxes today and maybe bypass taxes altogether.[Read more...] about The Definitive Guide to Tax-loss Harvesting and Avoiding Wash Sales
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Mindfulness, Personal, Blog, Minafi, Canonical.
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[Read more...] about Buffett’s 10/10/10 Rule For Making Financial Decisions
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Interactive, Calculators, Blog, Minafi, Canonical, Investing.
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The Rule of 72 is a formula for estimating how many years it will take for an investment to double in value with a given interest rate. The formula is simple enough and close enough to the computed value that you can use it for ballpark estimate with very little effort.[Read more...] about The Rule of 72 Calculator: How to Perform Compound Interest Calculations In Your Head
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5 min read.
Canonical, Personal, Financial Independence, Blog, Minafi.
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How do you know if you're spending too much time thinking about money? A certain amount of financial literacy is important, but it's also possible to stress yourself out way too much.[Read more...] about The Shockingly Scary Difference Between Healthy FIRE and Unhealthy FIRE