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10 lessons I’ve learned along the FIRE journey

I love “lesson” posts like our first post:

10 lessons I’ve learned along the FIRE journey [Tawcan] – “Ten years into our FIRE journey, we’ve made great progress on our goal of becoming financially independent. We are appreciative of this journey and how it has transformed our lives and made us more rounded people. We also have learned many lessons that we wouldn’t have learned if we weren’t on this journey.”

America’s Lost Boys and Me [Common Sense] – “There’s one story that’s neat and clean and politically convenient to tell about my life. It goes like this: Poverty is the root cause of my problems (and those of my friends). With enough financial aid, and a good test score, anything is possible. Including Yale. Or Cambridge. But the data tells quite a different story. Poverty, even extreme poverty, is surmountable. What is nearly impossible to overcome is the instability—the psychological havoc—created by broken homes. Especially for boys.”

Do Elite Colleges Lead to Higher Salaries? Only for Some Professions [The Wall Street Journal] – “Diplomas from prestigious schools boost future earnings only in certain fields, while in other fields they simply don’t make a difference. Specifically, for business and other liberal-arts majors, the prestige of the school has a major impact on future earnings expectations. But for fields like science, technology, engineering and math, it largely doesn’t matter whether students go to a prestigious, expensive school or a low-priced one—expected earnings turn out the same.”