Thread by @toydarp

Started the new year by watching Playing With Fire documentary (@PlayWithFIRECo). Very well made with many nuggets of #FinancialFreedom wisdom which I'm putting down here as thread for handy reading. (1/n)

@PlayWithFIRECo It's more important to be rich than look rich because it allows you to focus on the things important in your life. (2/n)

@PlayWithFIRECo Spend lavishly on things that you care about, but cut back ruthlessly in other areas. Don't get swayed by society's expectations of what you should spend on. (3/n)

@PlayWithFIRECo You can buy a lifestyle or you can buy back your time. You've a finite amount of time on the planet, so choose wisely. (4/n)

@PlayWithFIRECo What makes the #financialindependence journey hard is that people focus too much on what they give up in the near term and not enough on what they get in return. (5/n)

@PlayWithFIRECo It requires discipline, you can't get to #FinancialFreedom by luck alone. (6/n)

@PlayWithFIRECo Our spending decisions reflect how much longer we'll *need * to work and stay in mandatory career life. (7/n)

@PlayWithFIRECo You've got to have a life vision - and want that something else more than what you currently have to make the #FinancialFreedom journey worthwhile. (8/n)

@PlayWithFIRECo Retirement is the freedom to do what you want, not necessarily cessation of all work. Don't let the Retire Early in FIRE distract you from #financialindependence which is the real goal. (9/n)

@PlayWithFIRECo #financialindependence will expand the options you have; having more options is generally better than the alternative. (10/n)

@PlayWithFIRECo The math behind #financialindependence is simple; what's hard is the psychology of delayed gratification and the discipline to stay the course. (11/n)

@PlayWithFIRECo Have an investing strategy that is aligned to your risk ability, that you understand and trust. Then be disciplined about it for a number of years to achieve #FinancialFreedom. (12/n)

@PlayWithFIRECo You don't have to wait till you are 65 to start living a life that you love. #FinancialFreedom helps you start doing things that matter to you even during your prime years! (13/n)

@PlayWithFIRECo Upon entering the #financialindependence rabbit hole, it's critical to find ways to be happy along the journey till you exit on the other side. And not all happiness requires spending money. (15/n)

@PlayWithFIRECo Money is a tool. Figure it out and life becomes easy. What makes this hard is that #financialliteracy is not a subject formally taught in most education systems. (16/n)

@PlayWithFIRECo #financialliteracy makes you sovereign. Financial illiteracy makes you a pawn and easily manipulated. (17/n)

@PlayWithFIRECo Very few ideas have the potential to radically change your life. #financialindependence is one such.

Will you continue to live a mediocre life that doesn't excite you or will you choose FI? (18/18)

@PlayWithFIRECo And for those who want to rent / buy the movie to watch online, here is where you go. playingwithfire.co/the-documentar…