About

Miss Piggy (me) is a mid-20-something year old who has just started the path to financial independence.
This personal blog is not focusing on how to get rich (though hopefully this will be a positive side effect). This is a blog that’s going to catalogue my journey towards having the financial freedom to have the choice to do what I want, when I want.
I’ve always been entrepreneurial, money-minded and (in the lead up to payday) more frugal than a Jew, however in the past three of years following graduation I found myself leading a high-consumption lifestyle, working pay-check to pay-check and working stable jobs which pay the living costs of adulting while increasingly becoming more distanced from my dreams. As my living costs increased, my entrepreneurial spirit and risk tolerance decreased, because you know, those ridiculous Sydney rents. Time to turn this around!

Why do I want FI? Pretty simple. I want to:

  • Have enough F.U.* money to not have to chain myself to a job I don’t particularly like in order to pay the bills
  • Be able to travel around the world on extended trips (3+ months) without worrying about how I will afford it or having to get approval to take more than 1 week of annual leave
  • Focus all my time and energy on doing things that I love and value. I don’t want to spend years doing work I don’t love to get to do the level to do work I might like.

 

How am I going to do this? I’ve pin-pointed three ways I am going to work towards to achieve FI, from least to most difficult:

  • Minimise expenses
  • Invest with a focus on passive income
  • Build income from a side business

 

What is my time frame? I’m aiming for:

  • $1 million dollars by the year 2025.

Using a 4% withdrawal rate, this would give me a total yearly living allowance of $40,000. Not glitzy but pretty comfortable. Nine years to go… the countdown begins!

 

xx Miss Piggy

 

*F.U. Money is having enough money to literally say bugger off to a job, boss, working the 9-5, status quo etc and having the financial freedom to make your own choices without turning into a financial hobo (or just a hobo in that instance).

6 Comments Add yours

  1. Really? “More frugal than a Jew”? Maybe stay away from anti-semitic language in your about section!

    Other than that, I’m finding this really interesting – I love that you started blogging about PF & FIRE before you have it “figured out” or expenses dialed in- so many of the blogs are based on hindsight or already changed habits. So thanks for sharing all the reports!

    1. Miss Piggy says:

      Hi Lilian!

      Re: the anti-Semitic language, not at all anti-Semitic or intended to offend. As someone who is ethnic/mixed/immigrant-background/all of the above (and often the butt of many non-PC jokes) my lighthearted jokes reflect my humour, thoughts and not taking life too seriously. Being overly PC and fearful of making jokes is certainly not my style!

      Apart from that, I’m glad you’re enjoying my blog and my posts about FIRE and FI. Thanks for reading and commenting! As you mentioned I’m still figuring it out and it’s the journey to self awareness that I’m enjoying. Everyone makes mistakes in the long journey to FI so it’s something I wanted to share and show others that there will be ups and downs. Keep tuned- one day I will eventually be positive net worth and then FI!

      1. I really do enjoy reading this and look forward to you crossing into positive net worth!

        Regardless of whether or not you intend it to offend, it’s still anti-semitic. I recommend some education on the subject so you realize that whatever your intent, you still have impact – it’s not overly PC to avoid making broad stereotypes about someone based on their religion (especially when that stereotype was used to great extent in the famous, and effective, Nazi propaganda film Jud Süß – 1940).

        Even Jews can be anti-semitic. Regardless of your own background, please consider the impact that your language can have in a larger context – frugal jew stereotypes are still largely used by alt-right and modern nazi groups in the US and Europe. Consider who you’re affiliating yourself with unwittingly before you use a phrase that’s loaded with a stereotype that helped perpetrate a history of genocide.

        1. Miss Piggy says:

          Hi Lilian,

          Thanks for your feedback be comment.

          Unfortunately I don’t agree at all and my intention is not to offend or insult, just a play on stereotypes. I could have said ‘As stingy as a Scott’ and been labeled as anti-Scott by someone who has taken it the wrong way and out of context. This blog is my personal journal to FI and as such an extension of my humour and lightheartedness, even if it takes jabs at stereotypes and doesn’t strictly follow the PC rule book.

          I hope that you continue reading my blog given my style of writing, humour and if my humour is too harsh, then maybe a more sensitive blog may be down your alley.

          1. The difference being, of course, that Scotts were not collectively systemically murdered in a mass genocide just a few short decades ago.

            1. Miss Piggy says:

              Lilian, this blog is not here to push political statements or propaganda to promote certain political values. It’s a personal finance blog with an agenda to get to positive net worth I.e not political in any sense and will never be political. If you can’t read the blog in a lighthearted, humorous way and read my posts with a grain of salt, then this blog is not for you.

              Given that it’s clear you’re after a blog space to push your own political agenda however, I recommend you do that elsewhere as the personal finance space is not the place to do that.

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