Ways to pursue F.I.R.E.
Financial Independence Retire Early.
Not really wanting to "retire early" just want to be able to have financial security.
I am no genius and think we can all can get to FIRE.
Have a plan. These are the 10 ways I go about things that don't stress me out.
My goal is to "work" for 10 more years. Then revisit my FIRE goals.
Would love to hear what other people are doing to make money or pursue their goals.
Not really wanting to "retire early" just want to be able to have financial security.
I am no genius and think we can all can get to FIRE.
Have a plan. These are the 10 ways I go about things that don't stress me out.
My goal is to "work" for 10 more years. Then revisit my FIRE goals.
Would love to hear what other people are doing to make money or pursue their goals.
1. Have a plan (spend < make)
What amount do you need/want to live the life you want? It is often less than we realize.
Ramit Sethi and Tony Robbins have information in their books about trying to pursue the lifestyle you enjoy.
We're all different.
2. Make more at your job/business
I'm currently transitioning to a new career and may take a paycut, but it is something I have planned for.
3. Cut your expenses
Been a homeowner for some time, but prefer to rent! May do so again soon. Less stress for me.
Cars - mine are old and paid off, but still have to pay insurance, which is a pain. Want to sell one again.
Food - I need to eat less anyway. Cooking at home saves.
Insurance - So expensive in the US if you are not getting it from an employer. I am convinced so many would start their own businesses if we had a better system here.
4. Use Credit Cards
Can get great rewards and cash back now from Credit Cards.
Will show you later another way I use them to make money.
5. Invest in the market
6. Invest in Real Estate
Again, start small, if you are scared. So many tax advantages to real estate. It's unfair, really.
7. Invest in businesses or start one
Mow some lawns. Write a blog. There is a ton of potential for even simple businesses.
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