Tag: Business

During a video call with my family earlier today, I learned that my parents had just received delivery of 10 pounds of duck. Turns out that after reading an article explaining that small farms and food processors are suffering because they’ve lost the bulk of their restaurant business thanks to the coronavirus situation, my dad immediately called his favorite duck purveyor and placed an order. For… an awful lot of duck for just him and Mom! I’m sad I’m too far away to help them eat the massive batch of Chinese marinade duck wings that will soon be bubbling on the stove 😦

My parents are also donating generously to a fund that’s providing support to their musician friends whose gigs and concerts — their livelihoods! — have been cancelled.

These are both excellent illustrations of interdependence, and how those of us who still have income and/or assets right now can pitch in to support those less fortunate.

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Here’s a great video from Hadassah Damien, the “punk big sister of financial real talk,” waxing poetic on the limitations of the belief that we can ever be truly financially independent, with some great suggestions for what we can do to acknowledge our interdependence, particularly when it comes to supporting small businesses and fellow humans during times of crisis:

Independence and freedom only matter if I have people to be independent with and be around and get weird and smart and BE with.

I’m fully with Hadassah that the FIRE movement often takes on a very self-centered flavor. It’s a fascinating dynamic to observe, and I’ll confess it takes a lot of work for me to remember to be generous — because I can be! — when the fight-or-flight system gets triggered.

I also believe that this more selfish, believe-in-the-myth-of-independence view is more a function of the way many people currently practice FIRE, rather than what the founders of the movement intended, or practice(d) it themselves.

As an example of what I’m talking about, the latest blog post from Vicki Robin (who wrote Your Money Or Your Life — the book that sparked the FIRE movement – along with the late Joe Dominguez) asks some very juicy questions, acknowledges the dark side of FIRE, and reveals her own values, which in my view are very much aligned with Hadassah’s.

Here’s hoping that more and more people can get onboard with the benefits of financial INTERDEPENDENCE, and thanks to Vicki and Hadassah for all you do to steward this important shift! ❤