What is a Fi mindset?

A Fi mindset (Financial Independence mindset) revolves around achieving financial independence, which provides freedom, choice, and autonomy in one's life. This mindset emphasizes:

1. Long-term Planning: Starting to save money regardless of one's current financial state and working towards reducing expenses and maximizing savings and investments.
2. Autonomy: Reaching a point where working becomes optional, allowing individuals to spend their time on activities they truly value.
3. Not Perfection: It’s about continual improvement and making smart financial decisions, even after making past mistakes.
4. Living Intentionally: Gradually designing one's life to align with personal values and goals, as demonstrated by the Slow FI approach, which focuses on progressing at a pace that suits individual needs and lifestyles.

Brad Barrett discusses these principles extensively, suggesting that the pursuit of financial independence is not just about accumulating wealth but about optimizing one’s life for long-term happiness and fulfillment. This allows one to have the time and resources to engage in passions, spend time with loved ones, and contribute positively to the community on their own terms 1 2 3.