The journey to financial independence can feel exciting at first but over time the grind sets in, saving, investing and cutting back takes years and sometimes it feels like all the effort barely moves the needle. Watching other people spend freely or hit milestones faster can make it even harder to stay focused and it’s easy to feel like you’re falling behind. How do you keep yourself motivated when the progress feels slow? Do you set small goals along the way celebrate milestones, track your growth closely or just keep reminding yourself of the bigger picture and why you started?
How do you stay motivated on the long road to FI when progress feels slow?
byu/CorrectlyGranular infinancialindependence
Posted by CorrectlyGranular
3 Comments
Automate it and live your life. Just focus on hitting your annual savings goal first and foremost, then increasing savings rate by and either keep your spending in check or developing your career to earn more, or both.
I don’t compare myself to others, set realistic timelines / goals, automate as much as possible and then ignore everything while living and enjoying my life.
Milestones don’t mean much to me to be honest.
I try to only check my accounts monthly for budgeting purposes as I know I have around 4-5 years left outside of a windfall.
You focus on processes not goals, stop comparisons to others, and live a life you actually want to live in the meantime.