Financial independence isn’t just about money—it’s about freedom, confidence, and living life on your own terms. For many, the dream of financial independence feels out of reach, especially when stuck in the cycle of a 9-to-5 job with incremental salary raises. But what if I told you that achieving financial independence is possible, and it can transform your life in ways you never imagined?
In this blog, I’ll share my personal journey to financial independence, the lessons I’ve learned along the way, and how The Financial Independence Newsletter can guide you toward the same freedom. Whether you’re just starting out or already on your path, this blog will provide actionable insights to help you take control of your finances and your life.
My Journey to Financial Independence
Growing up, my dream was simple: earn $1,300 a month by the time I turned 30. But with a 5% annual salary increase (which was lower than India’s inflation rate at the time), this goal felt impossible. I worked as a recruiter, and I knew my salary alone wouldn’t get me there.
Everything changed in October 2020 when I started a side hustle in freelance writing. As Tim Denning says, “Making your first $20 online will blow your mind.” And it did. That first paycheck completely shifted my mindset about money. Within months, I was earning three times more from my side hustle than my full-time job. I quit my job, and life has never been the same.
Today, I travel to over five countries a year, work only a few hours a day, and spend quality time with my family. Financial independence has given me the freedom to live life on my own terms.
How Financial Independence Changed My Life
1. Confidence and a Stand in Society
In South Asian culture, women are often conditioned to be submissive and dependent. Financial independence broke that cycle for me. It empowered me to say no to things I didn’t want to tolerate—whether it was abuse, violence, or simply societal expectations.
Being able to pay for myself and make my own decisions has been incredibly liberating. It’s not just about money; it’s about self-worth and confidence.
2. Paying for Convenience
One of the best things about financial independence is the ability to pay for convenience. I outsource tasks I dislike, like making PowerPoint presentations or deep cleaning my house. I also invest in things that save me time, like ordering groceries online or going to a salon for my hair.
But here’s the key: I don’t spend money just for the sake of it. I prioritize what adds value to my life and ignore the rest.
3. Optimizing for Time
Time is the most valuable resource we have. I’ve learned to prioritize tasks that save me time, even if they cost more money. For example, I’d rather pay extra to visit a dentist 20 minutes away than spend hours traveling to a cheaper one.
I also avoid unnecessary meetings or calls that don’t align with my goals. Every minute saved is a minute I can spend on things that truly matter.
4. Spending Based on ROI
If something can help me make more money, I’m willing to invest in it. Whether it’s books, courses, or coaching, I see these as investments in my future.
For example, I once spent 300onacoursewhenmymonthlysalarywasonly300onacoursewhenmymonthlysalarywasonly600. That course helped me earn $3,000 within six months. Spending money in the right places can give you incredible returns.
5. Buying Less, But Better
I used to shop impulsively during sales, but now I ask myself: Do I really need this? Will I use it often? I’ve shifted to buying high-quality items that last longer, rather than cheap, trendy pieces.
This mindset has made me more frugal and intentional with my spending.
6. Investing in Experiences
My biggest expenditure is travel. I don’t follow popular tourist guides; instead, I explore places on foot, eat local food, and immerse myself in the culture. I also enjoy eating out without worrying about prices.
Experiences bring me more joy than material possessions ever could.
7. The IDGAF Attitude
Financial independence has given me the confidence to stop caring about what others think. Whether it’s people discrediting my work or expecting free advice, I’ve learned to prioritize my time and energy.
As Antoinette Bosco said, “Time isn’t a commodity; it’s the substance of life.”
8. No Need to Show Off
I no longer feel the need to flaunt expensive purchases or seek validation. My goal is to be wealthy, not loud and rich. Mental peace and contentment are far more valuable than social media likes.
How The Financial Independence Newsletter Can Help You
If my story resonates with you, The Financial Independence Newsletter is your ultimate guide to achieving the same freedom. Here’s what you’ll gain:
- Actionable Strategies: Learn how to start a side hustle, invest wisely, and optimize your spending.
- Mindset Shifts: Discover how to break free from societal expectations and build confidence.
- Time Management Tips: Prioritize what matters and eliminate time-wasting activities.
- Investment Insights: Understand how to spend money in ways that generate returns.
- Community Support: Join a network of like-minded individuals on the same journey.
Final Thoughts
Financial independence isn’t just about money—it’s about reclaiming your time, confidence, and life. For South Asian women, it’s a powerful tool to break free from centuries-old norms and build a life of self-worth and freedom.
The journey may seem daunting, but with the right guidance and mindset, it’s absolutely achievable. The Financial Independence Newsletter is here to help you every step of the way.
So, are you ready to take control of your finances and your life? Subscribe today and start your journey toward financial independence.
Disclaimer: I’m not a financial advisor, and this blog is not financial advice. My goal is to share my personal experiences and insights to inspire and inform. Always do your own research and consult a professional before making financial decisions.
