Welcome, future financial wizards and aspiring early retirees, to another engaging post on ‘Invest Smartly’. Today, we’re diving into the basics of the Financial Independence, Retire Early (FIRE) movement — a modern-day treasure map for those who dream of sipping margaritas on a beach while their peers are still grinding away at the 9-to-5. If you’re ready to break free from the traditional career shackles and embrace financial autonomy, this post is your first step towards igniting that FIRE!
The concept of retiring early isn’t new. However, the modern FIRE movement gained traction with the publication of “Your Money or Your Life” by Vicki Robin and Joe Dominguez in 1992. This book emphasized the importance of tracking expenses and aligning your spending with your values — principles that underpin the FIRE philosophy. … Continue to Full Reading
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