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Understanding the Principles of the Financial Independence Retire Early (FIRE) Movement
Personal Finance

Understanding the Principles of the Financial Independence Retire Early (FIRE) Movement

The Financial Independence Retire Early (FIRE) movement is a lifestyle and personal finance strategy popularized in recent years by proponents striving to save and invest aggressively- anywhere from 50 to 75 percent of their income, so that they have the option to retire in their 40s or 50s. Its followers aim for a future where

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Understanding the Principles of Financial Independence Retire Early (FIRE)
Wealth Building

Understanding the Principles of Financial Independence Retire Early (FIRE)

Embarking on the path to financial independence and early retirement, commonly abbreviated as FIRE (Financial Independence Retire Early), can be a fascinating journey. This article will delve into the principles inherent to the ‘FIRE’ movement, and shed light on the commitment, strategy, and discipline required for individuals aspiring towards this financial goal. What is FIRE?

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