Building your FIRE Engine

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).

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