With total financial independence (FI) perhaps the end goal, one needs a strategy to keep you focused and sane on the (long) journey to that end result.
Enter the concept of financial flexibility (FF)
You’ll never reach FI unless you constantly improve and grow your FF.
FF means the ability to make choices, to explore options that perhaps pay less but allow more time, that perhaps sacrifice some income but allow relocation closer to the beach and the boat.
Too often in this world life is portrayed as an all-or-nothing race. You’re either FI or not. And if you’re not (and considering how the end goal is so far off and apparently “unachievable”) then you may as well give up and return to the woolly masses. Extreme sports, celebrity, top-ten business, richest man in the world, blah etc blah – we are inundated constantly by stories of the outliers, the extremists, the top performers – with the implied message “nothing else is worthwhile“.
Not true! Life is always more complex and multi-faceted than the media stories portray. It’s important to remember that. Almost everything you read, almost everything “marketed” to you, shows a selective, out-of-context extract of someone’s life. That aspirational solo-trek to the north pole often doesn’t show the rest of life and the resultant sacrifices made to achieve that one event. The martini and the palm fronds with the sailboat at anchor in the background – that is just a very small part of the story.
So ‘Blue now lies impatiently waiting in her slip in the South Atlantic. There’s an immeasurably long road trip that now separates us and a constant mental tweaking of the budget to figure out how often I can afford to fly out to visit and sail. It’s hopefully just a temporary state of affairs, a stepping stone to something else.
I suppose some people do go for the all-or-nothing approach, selling up everything and moving the whole of life in one big bang. I understand that but for us, right now, the time is not right to do that. Perhaps tomorrow, perhaps never? But in the meantime we are constantly chipping away at the huge boulder that is the present, slowly carving out a life we both keenly desire.
While day-sailing in Table Bay once a month may not be the ultimate, final desire, it sure beats not sailing in the ocean at all. Just like FF, it may end up being all that is possible or, just maybe, a state of total FI one day may enable a season or two at anchor in Baia da Ilha Grande?