Should we just have a Universal Basic Income?

I think there are basically two models of financial independence. Individual and Collective. In post number two I said the collective model was about diverting wealth investment into social uses, decreasing the number of hours you need to work to pay for an enjoyable life. A policy along these lines that has got really popular … Continue reading Should we just have a Universal Basic Income?

What does financial independence mean?

If you've already heard of Financial Independence/Retire Early (FIRE)/FI then you're probably aware that most definitions and discussions of it emphasise these points: maximising your savings rateaccumulate assets as much as possible, e.g. by investing in index funds, so that your passive income outweighs your expensesretire early so you don't have to work anymoresomething about … Continue reading What does financial independence mean?