The Bonus Effect

The Bonus Effect

One of the most genius marketing tactics is what I call The Bonus Effect. It’s so simple, yet so powerful. However, like everything good, there is a dark side. The Bonus Effect can trick the mind into a “good deal” and eradicate guilt in the blink of an eye. Have you experienced The Bonus Effect?

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How to Travel the World with Free Accommodation

How to Travel The World With Free Accommodation - Fly to FI

From January to June of 2018, I lived in Australia on working holiday. I paid a total of $1,800 for accommodation. If I had been a bit smarter, I could have paid close to $0. But how is this possible?! In this article, I will teach you how to unlock the synergies between credit card bonuses and Airbnb accommodation.… Read More

Advice: To Believe or Not to Believe?

Advice: To Believe or Not to Believe?

Since the birth of the internet, it has never been easier for people to share information and advice with one another. For the most part, this is great! We now have access to nearly every topic imaginable at the click of a button. However, the credibility of this information is uncertain at best. Always remember to do your research and don’t believe everything you hear!… Read More

Blogress Report – May 2018

May was the first full month that Fly to FI has been running! Every month from here on out, I will share the blog’s progress in a monthly Blogress Report. In this report, I will detail my monthly blog stats, income statement, growth strategies, future blog goals and more. Follow along each month as the Fly to FI community continues to grow!… Read More

Why You Should Never Trust Inflation Numbers

Why You Should Never Trust Inflation Numbers

I’m sure you’ve heard the term inflation before. But what does it mean? How is it calculated? I’m here to break down all the confusion about what inflation actually is. It might surprise you that your inflation number can be vastly different than somebody else’s!

Merriam Webster defines inflation as “a general increase in prices and fall in the purchasing value of money.” These prices are calculated by the Bureau of Labor Statistics using a metric called the CPI (Consumer Price Index).… Read More

The Problems with Cash

The Problems with Cash

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We are slowly moving toward a cashless society. For those who value optimization, this is great news! Cash is inefficient and inconvenient. If cash were to become obsolete tomorrow, I would be ecstatic (sorry drug dealers). Let’s break down some of the reasons why cash is sub-optimal at best.… Read More

Real Estate: From Zero to Financial Independence

Real Estate: From Zero to Financial Independence

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Let me start by saying that real estate is not for everyone. Real estate is much more time-consuming than index fund investing. Additionally, properties need repairs, tenants aren’t always great, and leverage can be scary. … Read More

The Expense Floor: Why Income Matters

Mind The Gap - Income Matters

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The only way to accumulate wealth is to create a gap between your income and your spending. The rate at which you accumulate wealth depends on the size of this gap. Much of traditional retirement guidance focuses on expense cutting and frugality. However, what happens when your expenses are cut to the bone and you still aren’t saving enough to retire?… Read More

The Savings Paradox

The Savings Paradox - Fly to FI

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This post was inspired by a discussion I recently read in one of my active Facebook groups. Some members of the financial independence community felt targeted by the stereotypes attributed to the “typical non-FI” person. These stereotypes include eating at restaurants frequently, paying for cable, indulging in daily lattes, going out for drinks, and many more.… Read More