What Is FIRE? What’s the Best Way to Achieve FIRE (Video)?
The FIRE (Financial Independence, Retire Early) movement was created by millennials who desired financial security from a young age and were willing to make financial sacrifices (such as forgoing expensive cars and extravagant vacations) from a young age. In the video below, I explore the concept of FIRE and discuss whether it is better to become financially independent by getting as high as an income as possible (e.g. by working overtime) or by cutting expenses to save more for retirement.
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