Road to Financial Independence is to create second stream of income or passive income in addition to your main job. You can use your skills to do a side hustle and generate secondary income. If you don’t have a secondary skill which can be monetized, just use your money itself to generate extra money as … Read moreFree $100 worth of Stocks, ETFs etc from SOFI Invest.
For anyone who is starting afresh or seeking simple Personal finance advise, this is the best advice you can find and is provided by the cartoonist Scott Adams of Dilbert fame. Here it is in its own simple format given below. Scott’s Version: Make a will. Pay off your credit card balance. Get term life … Read morePersonal Finance Basics by Dilbert cartoonist Scott Adams
When you wade through many FIRE and/or Personal finance blogs like FIdesiRE, many would flaunt about their Side Hustle earnings. Unfortunately, if you are in US on an L or H Visa, then you will not be able to signup for any part time work other than the full time work you are authorized to … Read moreSide hustles for H1B holders
Welcome to the FIdesiRE blog for yet another useful post where we will be discussing the 401K Withdrawal strategies that you can use when you return back to India. Most of the Indians who have worked in United States for a short stint or for long term would have came across 401K plans offered by … Read more401K withdrawal strategies for NRIs
When I came across FIRE revolution like rootofgood, MrMoneyMustache, etc. first thing I wanted to do is to list all my financial goals I wanted to achieve, not just the retirement goal alone. Then added values and assessed current status of each of those goals like Home, Children education etc. This really helped me a … Read moreGoal Planning and tracking Tool
So I was thinking what should be my first post of this new blog FIdesiRE and then I got the idea to write about how an Indian FIRE aspirants challenges are different from Western aspirants. As a first step let me delve into Pros and Cons for an Indian FIRE aspirant in this post. Pros … Read morePros and Cons of Indian FIRE Aspirants