I've been thinking a lot about early retirement lately mainly due to the great time that I've had on my days off. It's worked out to where I've been off more the last 1.5 months than usual which has been absolutely awesome and led to some great time with family at the beach and my wife on our several outings. I love the summer months since she's a teacher and is off, so whenever I get a chance to be home it's wonderful to get to spend the whole day with her. There's nothing that I want more than to have all of my time to spend with my wife, family, and our future kids.
Back to the point of this post. Since I've been thinking about early retirement that has led to thinking of ways to save with no active income coming in to augment the passive income. I was watching one of the reality shows on either the Discovery Channel or the History Channel and it finally clicked. One of the best ways to save money, especially if you plan to own your own home, would be to follow along some of your local repair men. I haven't researched this much but I assume it would need to be someone that you are at least familiar with although with enough searching you could probably "cold call" different outfits on the basis of seeing if the work is something you'd like to do.
How great would it be to tag along with the local plumber, or carpenter, or electrician, or A/C repair man. Just think of all the useful skills you could learn and the side effect of being able to save on those future issues that arise at your own residence. I've picked up some knowledge of minor repairs around the house but I don't feel confident enough to tackle something major. After reaching financial independence you now have the time to devote to each of those matters. If you devoted the first year of your retirement to those four areas that would be 3 months each but extremely valuable in the long run around your own house, family, or neighbors. And who knows you just might enjoy it enough to try and turn it into a side hustle to bring in some active income to supplement your passive income.
Granted this isn't going to be for everyone, but nothing in life is. I've tried to learn more about some of these subjects but I don't currently have the time to do so except just reading about them. Reading and applying are two very different matters. Personally this is going to be the approach I plan on taking if I decide to truly call it quits. And if I can get an extended time off in the meantime I just might start it early.