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    Financial Independence Another reason to keep your plans to yourself...

    October 20, 2019

    Financial Independence Another reason to keep your plans to yourself...

    Another reason to keep your plans to yourself...

    Posted: 20 Oct 2019 07:57 AM PDT

    My wife grew up in a family of six with a stay at home mom and money was always tight. Her family was able to get by but money was always tight, financial independence was never on their timeline. That isn't a bad thing, but it sets up the story to come. My mother in law now works part time but would rather be home most days, their youngest is 19yo now. They have a tight sense of family; 19yo, 22yo, and 27yo plus 27yo fiancé are all under one room with the inlaws. My wife is the only one who lives on her own, with me.

    I work for the feds and there is a excellent daycare, run by employees of my facility, on site where I work that is both very affordable and good for the kids who go there. Lots of activities, the teach the kids sign language, reading, etc. My wife is a healthcare professional who's starting income is about 160k/year and she's planning on going back to work next week. To help with her schedule and my schedule, we were planning on putting our kids in day care (under 2yo) for TWO days a week, 5hrs a day. Nothing crazy. Our goal is to pay off our house in the next year and a half before the 3rd kid comes. Great.

    Fast forward to last night, my wife is talking to her parents about the situation and the day care idea comes up. My wife explains our situation about wanting to pay off the house and her parents lay into her about being selfish and ridiculous. "Why can't you be normal and raise your kids the way we did?!" "Everybody pays their house off in 30 years, why do you have to do it differently?" "Why do you have to do this to our grandchildren?" I could continue but you see the point.

    Suffice to say, your business is your business. Her parents are upset with us now and, to be completely honest, my wife is equally upset with them. Another reason to keep your plans to yourself and just run the course.

    submitted by /u/smellsliketoast
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    10 don'ts en route to FIRE

    Posted: 20 Oct 2019 10:45 AM PDT

    These are my thoughts on things to avoid on the FIRE journey:

    1. Don't invest in individual stocks. If you do make that mistake, try to keep it to around 5% of your investments. Get a broad US index, throw some international index in there if you must. Some bonds are OK too, depends on age. Don't invest in any get-rich-quick scheme. Your friend made moolah in some MLM, crypto, or some fantastical real estate deal? Tell them how awesome they are, smile, and forget that bullshit. Slow and steady accumulation has FAR better odds of success than trying to hit home-runs. Also, don't make money off of disadvantaging someone else...unless you are an asshole it won't sit right with you.
    2. Don't look at the markets too often, check accounts once a week just to make sure you weren't hacked. Forget the silly peregrinations of the stock market. Don't look at the news often. Some subreddits are OK.
    3. Don't compare yourself to others. Everyone is dealing with their own shit and these comparisons only serve to make you either feel worse, or to make sacrifices that don't enhance your happiness or well being. Your only competition is you from yesterday, and the only pill that helps with your mental well-being is progress (apart from an actual mental condition in which case please take your prescribed pills!).
    4. Don't let money idle in a sub-1% checking/savings account. Get a high-yield savings account to sock extra monies
    5. Don't ignore your health. Doesn't mean you have to be adonis or aphrodite, just that you take care of yourself a bit more.
    6. Don't ignore nature. It makes a difference to be outdoors and connect with things that are not man-made.
    7. Don't have toxic people in your life, including family. It is OK to cut them out!
    8. Don't be too hard on yourself. It's not easy to adult, and you are doing just fine. You're doing great!
    9. Don't ignore your career. Not all of us inherit or get lucky with some investment - most still earn their FIRE the old-fashioned way, earning and saving. Yes, work sucks - suck it up and try to contribute in ways you enjoy and fuck the office politics and bullshit. If you are truly miserable, start looking around and make a change. No such thing as "loyalty" to your employer (or vice versa) these days, look after yourself and better yourself.
    10. Don't get lost in FIRE. Get a plan, set it and then forget it for weeks. Just check in every month or so.
    submitted by /u/firechoice85
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    What would you be spending your money on if you weren't saving it for FIRE?

    Posted: 20 Oct 2019 11:28 AM PDT

    How to get a visa credit card loaded with 5$ and any iban bank online

    Posted: 20 Oct 2019 04:33 PM PDT

    DukasCopy Bank is a real bank located in switzerland and accepts almost every country unlike most of the others.

    here is a video tutorial https://www.youtube.com/watch?v=aWinf_vL9Zg

    dukas copy bank gives you 5duks which is around 5$ you can exchange it to $ or euros on your account but you will have to use the code MP2-7ZH to get it.

    why dukascopy is special?

    • it gives you an account with multi currencies and IBAN.

    • send and recieve money from dukas accounts for free.

    • gives you a dukascopy visa card (plastic or virtual one up to your choice) that can be used everywhere.

    • you can use the card to confirm paypal with it.

    • you can top up your account with many currencies.

    • it gives you gifts daily 5-10$

    • also gives 100$ weekly (not to everyone) if you are llucky

    How to Register : ps : you have to have a real id card or pasport to use this bank or else you wont get accepted since its a real bank.

    1- start downloading the app "dukascopy connect 911 on android or ios.

    2- put your phone number and confirm after getting the sms code.

    3- put this code to get 5$ " MP2-7ZH "

    4- click on bank

    5- you will find 3 steps you have to complete those steps the first step you have to complete infos it will be opened on a new browser.

    6- please use only your real infos since you will need them on step 3

    7- after completing the first 2 steps go to the last one which is a video chat to confirm your infos they will ask you about your birthday and name and you have to show them your id or pasport and then take a picture of you with the card.

    after that they will say give it up to 48h for verification.. i got mine confirmed in less than 24h.

    submitted by /u/xojojige
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