5 Reasons Why Slow FI is the Best Approach

Pursuing financial independence does not have to be an all-out sprint to the finish line. However, any mainstream coverage of financial independence would have you think differently.

Too often, those pursuing FI are portrayed as sacrificing everything today for the possibility of a better life tomorrow.

We have made similar choices to slow down and enjoy life instead of sprinting to financial independence.

Slowing Our Pursuit of Financial Independence

We Moved to a Single Income

We have decided to prioritize family and time spent together over our pursuit of FI. Don’t get me wrong, we still have a high bar set for our financial goals.

1

There are so many less fortunate than we are, and it’s a privilege to be able to give back to people or organizations that truly need help.

We Give Away 10% of Our Take Home Pay

2

Nothing can replace the memories we’ve created on these trips with our young children.

We Go On Vacation

3

Our budgeting approach is known as the anti-budget (credit Paula Pant at Afford Anything).

4

We Do Not Budget

The anti-budget involves automating your finances to pay yourself first (save, invest, and give), then pay your bills, then spend anything left on whatever you want.

This time could easily be spent on an income-generating side hustle that would accelerate our pursuit of financial independence.

I Manage a Baseball Team

5

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