Most people who’ve seen a personal finance blog will have come across the term FIRE, for Financial Independence / Retire Early. There are lots of different interpretations of what it actually entails, but it’s a good umbrella term to get you started.
As for the FIRE “engine”? It’s a mental model for how you’re going to get to financial independence / retire early. Constantly thinking about saving pennies, and interest rates is an exhausting and anxiety-inducing habit, especially for a process that will take years. The engine is something you build over time, and it keeps on going with little external input (just a bit of steering and tinkering to make sure it keeps running and doesn’t drive you into a tree).
Continue reading “Building your FIRE Engine”
Welcome into my workshop!
To give some context, I’d like to give a bit of an illustration of whereabouts I am on the way to financial independence. Rightly or wrongly, this is where I’m at right now. Continue reading “Current state of the FIRE engine”
The world is ending!
Ha, just kidding (sort of), that was the first phrase that came to mind when I started writing this manifesto. Why a manifesto? Because I want to explain why I’m planning on streaming my consciousness out into the internet, and why anyone else might care. Continue reading “The FIRE Engine Manifesto”