So I have this plan to be financially independent in 5 years. Right now, I'm all fired up to see this plan through and meet my big financial and rental property goals. But 5 years is a long time to stick to a single financial goal, and I know that I'm going to need some serious and intentional strategies to stay motivated if I'm going to achieve these goals.
Strategy #1: This website
A little public accountability will go a long way to keep me on track and motivated. Granted, I don't exactly have any readership at this point in time (I've only been live a few days now), but my hope is that this site will prove useful to others and the readership will follow. So if you are reading this, please comment, even if only to say "hi" and let me know you are out there!
Strategy #2: Vacation
I love vacation. I love the freedom that I feel when I am exploring a new place and know that my family can do what we want, when we want.*
I plan to still take vacations (at least 1 to 2 weeks each year) during these 5 years. I don't think it is worth putting vacations on hold during this timeframe as that will put a major damper on our quality of life. And as I'm writing this, I can see how incredibly snooty that may sound to some of you. Let me just say that I enjoy visiting state and national parks and camping in addition to beachy-resorts and European tours.
I also see vacations as a time to rest, reflect, and recharge and explore new ideas. No vacations would mean that I wouldn't have any major blocks of time devoted to these activities, which could delay or even derail my plan.
*Provided our toddler is amenable to our plans. Such is life as parents...
Strategy #3: Unexplored Ideas
You probably know what it's like to feel like you have so many creative ideas and not enough to explore and do them. I have so many ideas for books, businesses and home reno projects, but finding the time to actually do them is really challenging when you are juggling a demanding career and family obligations. Every once in awhile, I'm able to do something that I've had my brain fixated on. (It took me at least 6 months to acquire materials and build my own version of these shelves, when it should have only been a weekend or two-long project!)
I think I might start a pinboard on Pinterest to keep track of the ideas that I want to pursue during "retirement." That doesn't mean I'll put everything creative or non-j-o-b-related on hold, but I want to be mindful of what more of my time could be spent doing.