Welcome to Go Finance Yourself! This is a site about taking control and actively pursuing financial independence.
I grew up in the Midwest and went to a state school for college, graduating with a Masters in Accounting. After spending 10 years as an active CPA performing external audits on companies in numerous industries, I became the CFO of a financial services company at the age of 33.
I am one of the lucky few that can say I truly love my job. The company I currently work for is as close to a true meritocracy as I have seen. However, I realize that nothing lasts forever. My company could get acquired in the next year, there could be a big shake up in the culture, or a myriad of other things could happen that change my current situation. These are currently unlikely scenarios, but the uncertainty they create drives me towards wanting to achieve financial independence as soon as possible. I want to work because I love what I do and feel that I create value, not because I have to. While I do currently love what I do and feel like I do bring value, I still have to go to work to financially support myself and my family.
I’ve always had a knack for personal finance and a desire to accumulate wealth. Not for the purpose of showing it off, but for the freedom it can provide you. Since I graduated from college, I’ve lived below my means, contributed a sizable portion of my paycheck to my 401k, and lived a comfortable life. I could let my retirement accounts run from now until I reach 60 without any further contributions and end up with a multi-million dollar nest egg to live comfortably off of in retirement. But why? Why be normal and wait to become financially independent until my 60s? Why not take a more active approach and become financially independent at a younger age? That is what this blog will chronicle. My journey towards achieving financial independence and hopefully motivating and helping others to do the same.
Outside of receiving an unexpected windfall, there are two paths one can take to reach financial independence at a young age. Both paths involve saving aggressively, but if you don’t make a lot of money and still want to retire early, then you’ll need to live way below your means. Perhaps further below than you feel is possible. The second path still involves saving aggressively, but focuses more on maximizing your earning potential, be it through your career or through side hustles, to reach early financial independence without having to save every penny. My journey will be through the second path.
Through hard work and a little bit of good fortune, I’ve been able to land a very well paying job with a high ceiling on earning potential. A mix of timing, connections, and a bit of good fortune all led to me getting a recommendation for my current job. However that just got my foot in the door. It was hard work, including countless 80-90 hour weeks and traveling weeks on end to BFE during the early years of my career that led to those connections that got me the recommendation.
I believe we all pave our own road in life. Yes, some have a more rocky road to begin with, but we all have the power to make our own way if we have the desire and industriousness to do so. Here are some of the things I feel strongly about when it comes to personal finance, and life in general.
- Work hard, no one owes you anything. Be the first one in and the last to leave.
- Take charge of your own financial future, don’t blame others or make excuses.
- Luck, or at least what others perceive to be luck, comes to those who work the hardest.
- Live within your means – this should be obvious but unfortunately isn’t practiced as much as it should.
- Possessions will not make you happy. Achieving financial independence will.
One of my main motivations for starting this blog is to provide motivation to myself and others, and to share ideas along the way, so don’t hesitate to comment! Welcome to the journey toward financial independence!