![]() It's no coincidence that the ranks of FIRE followers are spreading like, well, wildfire right now: The stock market has been very good to investors in recent years, especially to those who understand the magic of compound interest. So if you make $300 a day and want to buy a $100 pair of shoes, you ask yourself: Are those shoes really worth nearly a third of a day of your precious time on earth?Īs the first part of the acronym suggests, the goal of the movement is to gain financial independence, meaning you're no longer relying on paid employment to keep afloat. ![]() It's an acronym that stands for " financial independence, retire early." Adherents track down to the penny where their money goes, mindful of how much each purchase will really cost, with the idea that dollar amounts should be equated to "hours of life energy," in Robin's words. Robin's fans belong to an impassioned, mostly millennial movement known online as the FIRE community, or simply FIRE.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |