Financial freedom is about cash flow. Cash flow from investments such as real estate is what provides investors with true financial freedom. The FIRE strategy focuses on accumulation and a frugalist lifestyle to retire early. However, in order to successfully live off the accumulated wealth for 30 plus years, a frugalist lifestyle remains a requirement. Learn more about this and see what the math shows. #FinancialIndependence #FinancialFreedom #FIRE #CashFlow #Investing
I recently shared my Ultimate Guide To The F.I.R.E Movement where I broke down everything from what it is, to a broad overview on how to do it, and a discussion on whether or not you should (SPOILER: you should!). Today, I wanted to dive even deeper into the "how" of financial independence with the goal of retiring early. This post is really why I think everyone should jump onto the F.I.R.E. bandwagon. There is something for each of us to take from it. Before we get into my steps to achieve…
The FIRE Movement has a variety of levels. Traditional FIRE, Lean FIRE and Fat FIRE. Take an inside look at the ins and outs of the FIRE Movement, including my own experiences and examples of FIRE adopters.
By eliminating simple everyday things we really can save tons of money and even retire sooner. Its the little bit of money you spend here and the money you spend there that all adds up to causing you financial issues. #savemoney #thingstostopbuying
The online personal finance community, and especially the financial independence subset, seems to be filled with people who make some seriously above average incomes. While I will begrudge no one for earning that high salary, it can be more than a bit discouraging when you realize the timelines many of them talk about could never…
This pin compares the net worth between two financial freedom strategies, Financial Indpenendence #FI vs Financial Independence Retire Early #FIRE. A sound financial freedom strategy grows your net worth. FIRE on the other hand has a declining net worth. Learn more at cashkeen.com where I also compare cash flow, and living standards, plus see what the math shows. #FinancialIndependence #FinancialFreedom #PassiveIncome #CashFlow #Investing
I'm at the beginning of my journey to FIRE (Financial Independence Retire Early) and I'm seeing a common theme throughout a lot of the books and podcasts I'm consuming. I'll call it the FIRE Movement 4, if you will. I hear Scott and Mindy talk about these 4 levers all the time on the Bigger