Why SlowFI should be your path to financial freedom…

“Be not afraid of going slowly. Be afraid only of standing still”

– Chinese Proverb –

Let’s face it, we all dream of living “the good life” of financial freedom. The unfortunate fact is that most people won’t ever get to that point in life because they were never taught financial literacy. Not only that, society has been conditioned to believe that taking short cuts to “get rich quick” is the ONLY way to achieve financial freedom. The reality is that unless one has been fortunate enough to be born into wealth, most wealthy people achieve their status over time by being financially disciplined and meticulous planning.

But before we go any further, let’s define the term. 

Slow FI: When someone utilizes the incremental financial freedom they gain along the journey to financial independence to live happier and healthier lives, do better work, and build strong relationships.

The journey to financial freedom is exactly that… a journey and not a race. If you haven’t done so already, it’s imperative that you start investing now so that your wealth portfolio has time to grow and use compound interest in your favor.

Don’t be fooled into believing that you can put it off until later because you’re young. That’s the ideal time to start! Building a wealth portfolio should be done meticulously but also enjoyable. Adding money each payday and watching it grow over time should be as much of a priority as paying down debts each month. And once you’ve achieved debt freedom, the money put towards those debt payments should then be put towards your wealth portfolio.

If you’ve read any of my other posts then you should know that I’m an advocate of the “richest man in bablylon” philosophy of paying yourself first regardless of your debts and putting that money to work for you. I’ve disciplined myself to do this and I implore you to do the same. I know I sound like a broken record by always repeating this, but repetition is one of the keys to learning and forming habits.

We live in a quick buck society with instant gratification in high demand. But the reality of it all is that many people are managing to just get by pay check to pay check if even that. They dream big but often take no action and later in life have no financial reserves to fall back on.

As a reader of this blog, my goal is to help you avoid that lifestyle. I’m dedicated to getting this philosophy out and influence the counter culture belief that it’s okay to build wealth slowly and enjoy life in the process.

Dave Ramsey has a saying that goes like this “live your life today like no one else, so that you can live your life tomorrow like no one else”. It’s a very simple concept, yet so enlightening.

As I take this journey of building wealth from scratch slowly, I’m documenting it with my payday post plans. I post these every other Friday which consist of how much I’ve paid myself and how I’m applying those funds to my wealth portfolio. I take screen shots of my investment accounts and post them as proof.

So you see, I’m following the principle of SlowFi wealth building because I believe in the principle of practicing what I preach.

As I like to say… “the journeybegins with the first step”.

If you see value in this article then please be sure to like and subscribe to the blog if you haven’t done so already. I’ll be putting up more wealth building posts in the future and you can have them delivered straight to your email account.


I’ll see you in the next post. Until next time… be sure to comment below and let’s get some dialogue going. I’m curious to know, what’s your opinion on slowfi wealth building?

One last thing, follow me on twitter for daily tweets and updates https://twitter.com/RFinancially

Follow me on twitter

 Click on the link and follow me on twitter for daily tweets and updates https://twitter.com/RFinancially


Payday Plan Post 8/28/2020…

“Financial freedom is a mental, emotional and educational process”

– Robert Kiyosaki –

Wow… here it is two weeks later since the last Payday Plan Post Time to do an update since the last one and document the planned investments for this payday.

– Designated funds from this payday –

  • 401K contribution $172.10 – current value $15.825.30
  • Fidelity brokerage account $75.00 – current value $184.92
  • Acorns Roth IRA $5 – current value $100.13
  • Acorns investment account $5 – current value $143.44

A part of what I earn is mine to keep

You can create your own acorns account by clicking here.

I’m not putting a lot towards investments currently since I’m paying down debts. But the goal is to pay myself first each payday and put that money to work before anything else.

I wanted to catch the ARKF eft for $36.50 last payday, but it never went back down to that level and instead went back up into the $38 range. So I decided to add another $25 to the fidelity account and pick up a share of BIGC (Big Commerce) for $72.81. I watched it go down to the $66 range for two days before popping back up into the $140 range so I’m up huge on that buy at a 93.65% gain since the purchase. There’s been a lot of volatility on the price in an upward trend for three days straight.

I purchased a share of ARKF etf a few weeks back before the first payday plan post at $38.50 and its currently at $40.23. So I’m up 4.49% on that position. I’m thinking about picking up another share or two if it dips back down again.

I’ve been considering starting a small position in another stock or etf so I’ll see where the price goes in the next couple of days and share my decision on the 9/11/2020 payday plan post.

Be sure to keep track with me and if you’d like, share your payday plan in the comments section below.

Until next time… please like, follow and be sure to comment below and let’s get some dialogue going.