What will you do with Financial freedom?

I'm semi-retired since 2014 (I was 32), but I'm only at half of what the FIRE movement would consider financial independence. My balances have stayed pretty even, but a bad year for the market will slash a lot of value.

It has been pretty amazing. Here's some of what I've done:

• A lot more traveling. Went to Thailand (previously had only been to Japan), Nicaragua (about 8 times with a good friend), Colombia, Mexico.
• Went on a road trip and back packed in Zion, Bryce, and Tahoe. Finally saw the Grand Canyon :)
• Started exercising more. I'm pretty bad about it, but spent a couple years on Muay Thai, but I have plenty of time to walk/jog most evenings.
• I've built 3 apps that failed. Open sourcing my most recent, 4th.

As a developer, programming is way more fun to me now. I get to work on any idea I want for as much time as I want, and play with new tech.

if I were fully financially independent, I'd travel a lot more, and spend more money on my ideas to try to grow them more.

I think you will have time to really figure out what you want to do with your free time and what is really important to you.

I would still be building things but with a much more calm mind I think

I moved about 6 hours north of Sydney to a small beach town. We have a few acres(looking to upgrade next year to a full farm), I volunteer regularly up here, read a lot and I am continuing to build new things just in a more relaxed environment.

I'd help a lot more NGOs. Right now, my business model tries to do that as much as possible but still relies on higher paying customers paying the bills before the team can donate time to NGOs and their tech needs. So if there was a steady automated stream of income then that would be my goal.

That's a great question and I think a lot of us should think about. Money should never be the goal, rather what you can do with the money. I agree with travelling in the other comments, because it expands your horizons and humbles one by respecting other cultures and traditions.

If I could truly achieve it and didn't have to worry about it, I would consider venturing into other industries, energy, transportation, recycling, health, etc, they all have problems that need solving too. Also it would be awesome to able be do some philanthropy / charitable works, perhaps giving some of my own time / money to others in need, e.g. contribute to help building a school or build a well / water treatment to provide access to clean water in some remote village, so many still don't have clean drinking water in the world.

That's a good question.

I would:

• Build more things.
• Travel more.
• Take more pictures.
• Buying a house / flat somewhere cool. Near the beach would be super nice.
• Giving more to associations.

Actually I would do exactly what I'm doing now. With more time to concentrate on my own projects or building with people I really want to work with.

Continue making stuff and traveling the world; pretty much what I am doing right now.

The first step would be to secure it. How? Making at least one more product to the same financial levels of your current one. So you're better equipped against a market downturn, change of technology or anything like that.

You'll learn and grow much more because this second time, you're approaching a problem with pure business mindset. You might be less attached to the idea/product, be able to pivot early and often and everything in between.

Nonetheless, you'll have contributed more to the world and be in a safer place yourself however you happen to accomplish a second feast.

And then, I'd suggest you read Mr Money Mustache blog to start with. A life with purpose and control. You WILL work, only what you LIKE to work on.

Travellig the world, buying homes and cars are just the perks of financial freedom. You're looking for the bigger answers, hence this post on indiehackers I guess. And that I have tried to answer.

Best of luck.

Now is your chance to help someone else achieve financial freedom. Whether you make a financial investment in someone, or are a mentor to someone who needs guidance, you will be making a contribution to the industry.

I'd definitely travel to other countries, try more fun stuff and later start another business in another industry.

But I eventually want to do something philanthropical like Elon Musk. I mean the guy can't lose with any of his businesses since his goal is to advance human progress so he's perfectly okay with his competitors winning.

Because they'd actually be making the world a better place. I think that's an incredible business to be in.

Bodyboarding all day long :)

If quit my job and work on more side projects. I'd then be able to stop using my spare time to work on them. Probably also live further from the city in a bigger house. Think I'd be more than happy with that

Spend more time on creating an internet business

This comment was deleted 8 years ago

This comment was deleted 8 years ago