Bloggers on FIRE – Free Financial Self
In our Bloggers on FIRE series, we interview European FI bloggers to find out what makes them tick. Our aim is to build up a “who’s who” directory for the European FI blogging world. We hope you enjoy the series and discover some new blogs to follow. You can find a full list of our Bloggers on FIRE interviews here.
Please briefly introduce yourself to FIREhub.eu readers
We are location independent family, we go 1-2 times a year for 2-3 months workations. We are based in Israel when we don’t travel and live in a yurt. We have a 3 year old daughter whom we homeschool.
When we travel, we like to go local. Travel slowly, get to know the place and the people. For us it’s all about the experience and not about checking off touristy sightseeing points (and besides, sometimes these are really expensive…)
I’m married, 39 (going on 40 in July).
I’m an entrepreneurs for 15+ years. Built several companies. The most recent one is Free Financial Self (www.freefinancialself.com) where I help expats eliminate money is a source of stress and gain confidence in their future finances. The blog is also part of that website.
What’s your backstory?
This is a hard one to answer. I was always pretty frugal in my lifestyle. FIRE Is about independence, so my journey for independence was always there. When I used to have a day job many years ago, I still had ‘projects’ in parallel I worked on trying to figure out different ways to make extra income. I realized that I really need the ownership part on my work.
In recent years, when we became fully location independent in term of work, we live a good FI lifestyle, even before we reached our FI destination. As I mentioned we go on workations and homeschool our daughter. It’s really important for us to keep our life flexible and resilient. I feel very confident in our way of life and I’m happy with our current choices.
Why do you want to reach Financial Independence?
Flexibility and resilience are important values for me. These mean freedom and adjusting when needed for me. Financial Independence is another level on that freedom. But it’s a set of many other choices.
Financial Independence is a way to put this money issue out of the way for ourselves. It’s not particularly stressful now to get to that, as I mentioned we live the life we want for ourselves already now.
Where are you on the road to Financial Independence?
I’m planning to be FI in around 9-10 years. I’ll be 50 then. A bit late in my opinion but still not bad.
What do you want to do with your life once you reach Financial Independence?
I basically live the life that I want right now, even before I reached FI. Our choices in life are around keeping the lifestyle we like for ourselves. Getting to FI would not change that. I love the work that I do with my clients helping them to be stress free of their money and planning their lifestyle and finances ahead. So, I assume I’ll keep working also then.
What is your strategy for reaching Financial Independence?
Dividends, real estate, ETFs, own business – I actually do all of the it and adding also crowd investing.
What was your biggest financial mistake?
If you notice on my blog, I (now, we) love traveling. I started traveling already many years ago, and that could have saved some money. So perhaps starting earlier working towards FI is my mistake. On the other hand, I’m not sorry for any experiences I had while I was traveling back then. So, I’d say it is what it is, and I’m happy about it.
What’s your wildest dream?
My dream is to ride on bicycle (self sufficient style – camping, local) from Alaska to Ushuaia in Patagonia with my family. It Suppose to take around 2 years to do that. The thing is that you need so little to do that. I’m not sure yet, what’s the current trigger or time to make this happen.