F.I.R.E: Walk With Me
Welcome To My Blog!
Hello everyone and welcome to my new blog!
I have recently been inspired to begin my own personal journey to FIRE, which stands for Financial Independence: Retire Early. For those of you not familiar with this financial movement, I aim to give you a brief rundown of what it is and what it means.
Basically, the idea is to save as much of your after-tax income as possible. The money you save is then used to create more passive income through investing in various forms, with the ultimate goal being able to stop working full-time and essentially live off your investment returns. In other words; save now, live later.
Many people may find this idea very daunting and are not sure if or how they would ever even begin to plan for something like this, let alone pull it off. Delayed gratification is something that (arguably) most people in my generation (Gen Y) are not accustomed to and it is difficult to change from a mindset of spend now, worry later. I am certainly no different! I also, however, really do not like the idea of working until I am at least 67 (let’s be honest, who actually does?!). So with early retirement (or, at least for me, comfortable retirement) is a seriously-desired pot-of-gold at the end of a freakishly-long rainbow.
So if this sounds like something you would be interested in following, feel free to subscribe and enjoy walking with me on my journey to F.I.R.E.!
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