Tag: snowball effect
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The snail’s path to wealth
While we talk a lot about financial independence (FI), why we want it, and how we live frugally as a means of getting there, we haven’t talked much about what it is and the logistics of how to achieve it. This post will be the first of several in our FI series that will give…
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The Fionists meet Lazy FI Dad
When pursuing a goal, it is always important to find role models and make connections with other people in the same boat. Upon perusing other FI blogs one day, we saw the word Israel pop up on one of Lazy FI Dad‘s posts. It turns out he is an Israeli living in the UK with…
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“Markets are DOWN. It’s a TERRIBLE time to invest.” (…or is it?)
You may have noticed that your pension and keren hishtalmut have lost money this year – as have many other investments. It’s been a bad year for stock markets around the world. So… it must be a bad time to invest, right? Why throw my hard-earned money into something that’s losing money? If you’ve been…
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The only way to beat inflation
Inflation is a buzzword in 2022. Prices creep up a little each year, but this year’s inflation has hit record highs around the world. Money sitting in your bank account loses value and its purchasing power erodes, this year faster than ever. So what’s the solution? You need to ensure that any savings you have…
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Life is full of opportunities
In 2019, our 15 year old Ford Focus broke down for the second time in a month. Rather than paying yet another 2,500 shekels to fix it, we made the spontaneous decision to put the car out of its misery and sold it to the mechanic for parts. We then walked into a neighboring makolet,…
Chasing the Fionist Dream 