Why We Need Different Types of Financial Independence

Personal finance is truly personal. This is a maxim that can be difficult for some to follow. While some folks find one recipe to achieving financial independence resonates with them, some other individuals find it easier to tread a different path.

Financial independence is the end goal for pretty much everyone in the FIRE Community. If you intend to become financially independent at some point in your life, then FI is what you strive for.

The YOLO Trap

There was only one path to FIRE back then – the “traditional” path. Work hard, earn a lot of money, cut your expenses, save like crazy, invest, and in ten or so years you are free.

The Moment That Changed Everything

Creating an alternative FIRE strategy that suited us, our goals, and our lifestyle made all the difference. Finding our perfect FIRE strategy did wonders for our happiness, health, and wealth.

Choices, Choices, Choices

Working for a few years and then taking a significant amount of time off during your journey to FI gives you something to look forward to all the time and offers regular rewards.

If You Struggle To Get Started, Do This One Thing

Spend some time researching alternative FIRE strategies. Make your own plan. Break it up into manageable milestones.

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