Post
Topic
Board Economics
Re: Financial Independence Retire Early [F.I.R.E]
by
Fiatless
on 16/12/2024, 14:18:04 UTC
For those who are currently undergoing this movement, perhaps you can share your journey here and for those who really want to start this movement, you can ask and have a good discussion here.

I have always nursed the idea of retiring early because the rat race is becoming unbearable. The dream of controlling my daily activities is becoming stronger every day. But each day it becomes clearer that the income from my job will not be enough to save for my retirement.

Spending less than your income is a good way to save and invest for the future. But it becomes a problem when an individual earns less than the amount he needs to survive. This is my condition now because of inflation which is causing the prices of basic needs to skyrocket.

The only means for me to achieve early retirement is to have a side job. It could be an extra job or a business so that I can be able to save from the extra income.