Chronically Ill Financial independence
HTML-код
- Опубликовано: 8 сен 2024
- How do you plan for financial independence if you are chronically ill? Kara breaks down her original financial independence plan and how her diagnosis in early 2023 has changed how she is saving for financial freedom.
BECOME A PATRON: / bravelygo
LINKS//
Newsletter: bravely-go-llc...
Patreon: / bravelygo
TikTok: / webravelygo
Instagram: / webravelygo
Thank you for making this video. As disabled and chronically ill people, we deserve as much as anyone else to one day experience our own retirements from work to do with what we desire. The frequent entire exclusion of our communities from conversations on financial freedom and literacy is very disheartening. I expect it comes from a common understanding among nondisabled people that we are undeserving of luxury/leisure/relaxation as a community and/or that we are all entirely incapable of working jobs that’ll ever pay us enough to be able to one day retire off of.
I think a lot of the exclusions actually comes from 1) lots of personal finance folks are totally able bodied and have no first hand experience with it and 2) giving financial advice around the disability laws and situations in the US is HARD because there's very few broad strokes. And most personal finance advice is broad strokes: pay off debt, save an emergency fund, invest your money. But disability requires nuance and specifics, which most creators and vloggers don't or are unable to get into.
@@bravelygo Yeah, those are fair points too! 👍🏻
Yes, exactly, another form of ableism.
YES! I'm also chronically ill pursuing financial independence. Its been a wild experience as a Canadian.
Please make more of these videos around chronically ill people and finances! I’m also a part of the chronically ill club and spend a lot of my disposable income towards my health. a lot of financial experts make plans with the assumption that “young” you is 100% healthy and can grind or live off low amounts. It’d be nice to see more content centered around the chronically ill experience with managing finances!
I will! Do you have specific topics/challenges/problems that you'd like me to cover? I'm accepting content ideas!
Love you behind the desk, but I suggest raising the chair height slightly. Thanks for trusting us with your diagnosis; we're here to keep supporting you!
THANK YOU for making this video Kara! I'm chronically ill with Hashimotos and am very familiar with the autoimmune community! I'm so tied to my job bc of the HSA account and benefits that allow me to go to a naturopath (which insurance doesn't cover *eye roll*). Plus all the supplements and bloodwork is wild to handle without insurance from my job.
Thank you for this! I've always felt that discussions around health and health care are super lacking in the FIRE community. Most of us, IF WE ARE LUCKY, will see a decline in our health or experience some sort of severe health problems in our lifetime. As someone also diagnosed with an autoimmune illness this year, I'm also rethinking my financial plans and trying to figure out the best ways to navigate the hellscape that is the US healthcare system. Appreciate this content so much!
I'm chronically ill, and I think this is so important to talk about! You are also super right that it's difficult, because everyone's situation is so different. While I don't have a solid FI plan (yet?), I can definitely relate to not wanting to work when you have to manage a condition. It's hard to "listen to your body" etc when work obligations have to come first.
Like how much healthier could we be if capitalism wasn't breathing down our necks??? I think about that a lot.
So much agree on this! Always seeing the number one tip for managing my condition(s) be like "make sure to take time to rest and pace yourself" and I'm like sure I'd love to do that lol.
But some how disability FIRE is a need to talk about, but rarely is. I'm really enjoying this video as it is directly what I need on my Canadian financial independence journey living with a disability / chronic health condition.
the my 9 year boyfriend recently said it is too much for him and decided to run off to Europe for 6 months.
RE: Real Estate: I would look for a multifamily building instead. With mortgage rates so high (7.8%), having renters paying the rent makes sense for your FIRE and health issues. PLUS, if you have enough cash, you can move in people in a unit instead of a tiny house. Lastly, if you move, you could hire a property manager and keep cash in while you live somewhere else.
Yeah a duplex would be ideal but these prices! Man, I haven't seen any duplexes in my desired area under 800k, which is out of my budget
Remember that if the property has rental income@@bravelygo, that you can count that income to help qualify for a mortgage. It's one of the few ways to help qualify for more houses without bringing any extra cash from anyone.
Sorry to hear about your Crohn's disease diagnosis. As someone with IBD, it's tough to deal with! I wish you well.
Look into raw vegan or fruit based diet if you're looking for an alternative or natural attempt to treat it... That's what I'm doing and it's going well 👍
Thank you for sharing and wish you well on your GI journey. Do you ever consider moving to a different country?
No, I don't really want to move for a variety of personal and political reasons.
Thanks for covering this topic. I am even more thankful not to live in the US... Come to Canada ;)
oh my god, Canada take me in! Those Rockies call my name. I'll learn to love poutine and Tim Horton's! :)