Two years ago today, on the 26 January 2015, I posted my first post “Why You Should Invest” on the TheMoneyMine.
Looking back, it’s funny how consistent the message has been.
I wanted to retire at 40, or at least “to have the option to not work for a living”. I am happy to report that the execution of that plan has been better than expected and has brought the target a year earlier. Until we had a kid. Now it may be pushed by 1 year or 2 (until we have another kid I guess).
The morale of the story is that plans are made to be changed. They aren’t perfect. But I can’t imagine where we’d be financially if we didn’t have a plan in the first place.
Personal Finance progress
Interestingly, 2 years ago, I had 3 reasons to become FI are these are still firmly ranking in my top 3 for 2017:
- Afford good education : a difficult thing to forecast for sure and I’ve written about why I won’t open a 529 plan for my kids.
- Afford a good retirement : I’ve written how Social Security will be broke in 2034, which that it may be a good idea to not rely on it too much.
- Start a business : It’s another point I’ve shared in our 2017 Goals and beyond. My personal deadline is no later than 2021, when I’ll be 40 (and FI, but mostly because I’ll be 40). My wife might be tempted to start earlier, so we’ll see.
Today, I can say fairly confidently that I’ll achieve #1 and #2. The last however is going to require some work, but we’re working on it.
However, during those 2 years of blogging I also learned that everyone has a different reason to pursue Financial Independence. I got a glimpse of that when I asked a few blogger friends What got you FIRED’d up?. We all have different reasons and that’s ok. There isn’t only one way to do it and we can all learn from each others. If you haven’t found your ‘why’, check out the post and see if one of them resonates with you!
I also wrote a series on what it’s been like to track my finances for the last 10 years.
- Want to see how my net worth evolved in the last 10 years?
- Curious to see how much of my wealth came from investments, pay checks, salaries?
- Interested in seeing what is the best way (by far) to build wealth?
Check out the series over here.
The Blogging Experience
On the blogging front, I can say that when I ordered my domain name, I had absolutely NO IDEA what I was getting into.
It’s more demanding than I expected:
- Dealing with WordPress, hosting, themes, social media, email lists,… it’s all taken a lot more time than I anticipated. It’s not complex, but it takes time. Like becoming FI isn’t complex, but it certainly does take time.
- Engaging with the community: I love reading other blogs and exchanging opinions, engaging on Twitter and / or in person. But if I’m honest with myself, I suck at it. I have significantly reduced my activity on that front since our daughter was born last September. I don’t like it, but I don’t regret it either. Priorities have shifted. To all bloggers with kids: I admire you!
- Finding the time to write content that I’m happy with also takes a lot more time than I anticipated. In the last 104 weeks, I will have published 78 posts including this one. How did I miss so many? Good question.
But it’s great!
- The actual act of blogging, writing articles about topics that matter to me and interacting in the comments section is awesome.
- Reading other blogs to find out what others are thinking and how their opinion might differ from mine is sometimes humbling (because yes, we live in a bubble).
- Meeting other bloggers in real life is also a great experience. Since everyone is basically anonymous online, meeting up for the time is always an exciting moment. There are more bloggers in Houston than I thought 🙂 Can’t wait for this year’s FinCon to meet many more of you!
It’s definitely been a learning experience and I’m grateful for that.
But most importantly:
THANK YOU READERS !
You’re the best. Seriously.
Thanks for reading. Thanks for sharing your thoughts. Thanks for keeping me going!