Have any of you shifted careers to obtain FI? I’m ...
# financial-independence
t
Have any of you shifted careers to obtain FI? I’m a short form script writer and if I worked harder to get more clients I could see the potential of making a lot more, BUT the allure of the (seemingly) super stable job market or tech, like Salesforce (as they mention in the intro of ep100) makes me second guess the field I’m in. Hmm, mashpia question or group think lol?
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m
I B”H found tech before FI, but there are a lot of episodes about FI not requiring tech, and I agree with that. You do not need to switch into tech to reach FI (while it helps). There are tons of options including side gigs and small businesses
This is a great question and the topic of many episodes
t
Ok cool. I go through this sometimes when I think I’m not making enough $ lol
m
i mean you might not be and a career change might be in order, and I do a lot of technical mentorship, but i just don’t want you to think FI = tech
t
All good points and duly noted
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a
I think a lot of it has to do with lifestyle priorities as well. I am in the civil service, and our salary is merely lower middle class level, with only slow incremental increases. But. The family leave, personal leave, accomodations for religious observance / and / or personal needs, is worth a lot to me and has literally made raising a family with one special needs child while working feasible.
(Should be noted, that most of those leaves and protections should be offered by private employers, as well.)
t
I think it helps to think about both spouses. If both are working, it's helpful for at least one to have a flexible job. My wife had one she really liked until our fourth child was born, and she needed a lot of help. bh, I got multiple promotions that made up for losing her salary.
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t
Right so to answer you both, I’ve chosen to freelance and build up my own business for the flexibility it has afforded me. My wife is finishing up her phd and in the next year or two will have a steady regular job bezH. But I’ve had a moderate amount of growth and success so I’m stuck between continuing building it full time or having a steady well paying job. I’m actually planning on trying to do both this year though. We’ve really felt as these last 5 years of being married have been half what we would normally do
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a
I should have added that I am a single parent. Of course Joel is on point where there are both spouses.