Learning about and working towards financial independence is not an idea that we discovered on our own or thought about in isolation. It has been shaped by reading, researching, and meeting others that have helped us along our journey. This page has a list of books, blogs, articles, and websites that we have found useful in our journey which may or may not resonate with you and your potential situation or financial journey.
The Logic Of Failure: Recognizing And Avoiding Error In Complex Situations – This book really gets at the heart of where and why people make common mistakes and set themselves up for failure in complex situations. Planning for financial independence is a complex endeavor that requires thinking systemically and not always in a linear manner. As some will point out, the math of financial independence is really easy, but the cognitive, behavioral, and psychological aspects are the ones that prove to challenge most people. This is a book that I discovered while working on my Ph.D. and I re-read this book along with studies on the topic every year or two to help strengthen my systems thinking perspective. The focus of the book is not on finance or money, but many of the ideas presented are highly relevant when you think about FI as being a highly complex and dynamic system that requires a significant amount of thinking ahead.
Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence – This was the first book I read when I really started to think differently about money and finance. Prior to this I considered myself to be fairly astute with my relationship with money, but never in terms of the trade-offs I made in the pursuit of money or the idea that I didn’t really need to continue working until I was 65 before I “retired”. It also helped me gain some perspective about the true purpose of a job and not what we sometimes ascribe to a job such as our self-worth or accomplishments in life.
Early Retirement Extreme: A Philosophical and Practical Guide to Financial Independence – Jacob does a good job of presenting a different way of thinking about working and touches on some philosophical aspects of financial independence. This book appealed to my academic side, especially the aspects that focus on a systems perspective. This book is not designed to be a “how to guide” for financial independence but to get you to think about the choices you make and consider your perspective on working and money. While we don’t follow the same path as ERE, the concepts and discussion are very thought provoking.
The Simple Path to Wealth: Your road map to financial independence and a rich, free life – This book is perfect for anyone just getting started with investing, or those who have been investing with no real strategy. While our method of investing is slightly different than the approach recommended in this book, this is how most people should approach investing while pursuing FIRE or even just a normal retirement.
Blogs and Websites
The following are a list of blogs and websites I personally read regularly. This is not a list of everything I read, but these are the ones that I either learn a lot from, inspire me, or contain tools that I find helpful for our FI project.
MadFIentist – Very informative and detailed articles, interesting podcasts interviewing other bloggers working or successfully achieving FI. I like the tools in his “laboratory”.
Mr. Money Mustache – One of the first blogs I found when I started searching about financial independence.
Our Next Life – I really enjoy reading Tanja’s blog for motivation and inspiration.
* The links for the books I have listed above contain an Amazon affiliate link. This does not change the price, but it does mean that this blog gets a very very small percentage of the sale. This is the only monetization we have on this blog and we do not have any advertising or sponsored links on this website outside of the affiliate links on this page. These links do not influence our recommendations in any way. It is simply a way to try and offset the cost of maintaining this website.