The Two Different Mindsets to the Financial Independence and Early Retirement Strategy

I run somewhere down the middle.

I was on Twitter the other day and noticed the pool of minds all swimming toward a life of financial freedom take two different paths. I never realized that some people in one mindset don’t consider the other on the same track.

As I dug further, I realized retirement has an entirely different definition to both and some people hold some hardline rules defining what exactly retirement is all about.

I started my journey a long time ago before I knew I was even on a quest. It wasn’t until about three years ago that I realized it was possible for me actually to retire early.

I had read some stories of people, who with their average paychecks, manage to figure out a strategy to get them out of full-time employment permanently.

I was debt free at the time and was investing regularly, but had not assembled a solid plan for ‘retirement.’

Then I assembled a plan for myself and began working on it. Recently I started this newest blog you are reading to document the journey.

I thought I was like everyone else.

I wasn’t.

I found that out while on Twitter the past month and especially the other day.

The first tribe of people had day jobs at some point. Some dug themselves out of debt and began investing. Some have never had a debt problem and began investing at an early age.

These people all live well below their means. Frugal living is what they chose to do to create the lump sum funds to invest their way out of a job.

These people you would hardly notice as you walk down the street. They are frugal with their money and sharp with their investments.

They know how to manage money better than most money managers.

Here is a side note. I’m not sure of what I think about the profession of money management.

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