One thing about truly being in FIRE status is the ability to chose, since if a person is truly financially independent, then he can choose his activities, including whether some of it might include work or entering into obligations (and/or contracts with others that involve services being done by the FIRE person).
yes being F.I gives you options but if you want to Continue Employment, you would be F.I.C.E
your still missing the point of RETIRING EARLY the R.E part of F.I.R.E
can i just say, even bill gates, elon musk, warren buffet are at ultimate FU status, but because they choose to work they are not in f.i.r.e
You can define things however you like, but it neither means you are correct or that others are going to agree with your way of categorizing matters (activities and/or statuses).
well warren, bill, and elon have not retired so its pretty self explanatory they are not in R.E
i still find it absolutely funny how you want to debate such a simple concept of a obvious acronyms meaning
you collapse into nearly pure ridiculousness and seeming to want to argue for the mere sake of it.
funny thing is i am personally in F.I.R.E so i know it more than you, yet you want to redefine it and think that C.E is the same as R.E
even a tax man can tell the difference
seems you, with no experience of it, are the one that wants to redefine it.. where as the acronym is pretty self explanatory.. im still not sure why you are even debating it
if you want to work so be it but dont pretend you want to be retired and a worker at the same time
i think you need to learn what retiring actually involves. its you trying to collapse the logic and common sense of simple understanding thing into ridiculous concepts
and by the way.. i was giving advice about how your mindset will change when you reach FIRE. i was trying to give you a heads up. kind of like a 'what would you tell your younger self to prepare them' thing.. and its you that wanted to twist it into a debate
yes F.I gives you the choices, freedoms and options.. but the final 2 letters show a choice you made
your mindset/financial status is not yet ready for f.i.r.e
Regarding how any of us spends our days could be another story. If I might have various amenities such as housing, food, transportation, entertainment in place, yet if I might want to add to such amenities to buy some hookers, lambos and blow, then that is going to change some obligations that I might have in regards to not only the transactions that might be involved and also the extent to which I might enter into obligations in regards to how to manage those hookers, lambos and blow.. will some of that be work? perhaps? Perhaps I am changing my obligations and my mindset might not be correct when I choose the purchase of such goods and services.
well this is getting into some good discussion detail.. for instance many people whom are home parenting argue that cleaning the house is 'work' or that they feel that they shouldnt have to do the housework if they do actual work but had a spouse at home..
.. well normal life chores which need to be done whether you work or not, whether in a relationship or not is not "work" its just life
for instance maintaining a car or your home is things everyone does no matter their employment status.. ordering food, changing your babies diaper, getting your yearly car checks done, changing the oil. cleaning the house.. are all part of LIFE not work
yes you can hire someone to do things, hire a maid, butler, groundsman, .. choose to hire a hoe instead of the drama of dating for a proper relationship.. but thats not then to say its "work" if you have to do normal life obligations yourself
we see it all the time on social media skits and reels, women who are single and doing it all themselves call it "independent woman" like its a special thing.. yet reality is its just being an adult for most normal daily tasks
to truly be in f.i.r.e you need to be at a financially independent status to retire early
so again if your not at a financially independent status and then not want to retire.. you are not in f.i.r.e... its that simple
Of course, for you it is simple, since you seem to know almost everything.
i dont know everything from some magic spell cast on me from birth.. i actually take the time to learn, to experience and then to help others learn also..
my point is that i can easily afford to buy all the shiny things... but my mindset has changed where shiny things have become boring and non essential to my happiness. i prefer to use my funds to buy experiences and meaningful things
frugality in f.i.r.e is not about living like a homeless person to keep wealth.. frugality in fire is about the mindset of affording everything but not needing it all
To me, it seems that shiny things can give meaning and experiences, too... but hey? what do I know?
again shiny things might seem important for you now. but they will get boring for you later
lets use some base levels here to explain what i mean
imagine you are super poor and cant even afford icecream.. you keep wishing and hoping to improve your finances so that you can buy as much icecream as you want...
.. later you reach financial security to afford icecream, you then learn that icecream is not as exciting as you thought, and you start to decide to not buy icecream at every icecream parlour you pass.. even if you can afford every icecream in sight.. you start a new mindset that you no longer need nor want to buy icecream now you can afford it
same with cars. when you buy your first super car, you then get bored or start realising its flaws, EG the roof height of a lambo means you feel claustrophobic, or that although it can reach 160mph, you only ever get to reach 40mph driving around town, most of the time you are under 10mph to avoid the many potholes and speedbumps damagiing the car, so you decide you dont want another 6 lambo's and instead buy a sensible car
..
you will see your mindset change as your options change, goodluck and i truly do hope yu reach your goals