The Financial Independence Dough Hub (FIDoughHub) is dedicated to educating others about financial independence with helping others manage and enjoy their FIDough after retiring or otherwise achieving financial independence. In sum, it is a collection of education, entertainment, and tools for raising, caring for, and feeding your FIDough.
Although FIDough Hub may occasionally cover other topics related to personal finance, we assume you already understand the money basics, e.g., eliminate debt, spend less than you earn, and invest the difference wisely. Additionally, FIDoughHub focuses on early FI, but most of the resources work regardless of one’s age and can help you answer questions like, when can I retire?
So what exactly is FI or FIRE?
To many, “retirement” conjures up images of sitting on the beach or playing endless rounds of golf. But a growing number of people want to achieve financial independence and retire early (FIRE) so they can pursue those activities that they find the most rewarding without regard to the financial remuneration attached to those activities. Those activities may or may not include “work” in the traditional sense. For that reason, “retirement” doesn’t fit many within the FIRE community.
Why is this website different?
There are many, many great resources available to help individuals with investing and retirement planning. But many of them seem to be a front for selling questionable products or services. Most sites do not point you to other existing sites with better resources. Others require digging through lots of blog posts to uncover the useful content. And, although there are lots of resources on how to grow your wealth or “get rich,” there is comparatively little on how to invest once you have retired or achieved financial independence.
The Financial Independence Dough Hub solves these issues by bringing together some of the best FI/FIRE resources in an organized and usable fashion. It aims to help you answer basic questions like, how do I achieve financial independence, how soon may I retire, , how much of my nest egg may I spend in retirement, and more.