12 September 2018

The FIRE Movement

FIRE stands for Financial Independence Retire Early

What is FIRE all about?

Simply put, FIRE stands for Financial Independence, Retire Early.

Majority of the people work from 9am - 5pm until they are 65 years old. By the time they retired, they probably feel old and frail and likely broke at the same time!

So what are the solutions?!!! You might asked furiously. Probably you have been looking for the answer for many years and to no avail!

Well, the truth here is you need to gain your Financial Independence!

What does Financial Independence truly means? Well, it simply means that you no longer need to depend on paid employment to stay alive!

"How do you do that? I still need to pay my bills and living expenses!" You shouted out......
I know, I know....... I have been through what you are going through now. It was very stressed out especially when we really go dig out the dollar and cents on where our money goes to.

But still, you got to do it! The easiest way to do is to go find out where did all your expenses goes to and how to reduce it optimally. Then find ways to increase your income (especially passive income! which could be in the form of real estates or stocks etc)

Till the point where your passive income exceeded your living expenses, you will achieve your FREEDOM!