Post
Topic
Board Economics
Re: Financial Independence Retire Early [F.I.R.E]
by
stomachgrowls
on 08/01/2025, 00:48:47 UTC
Some folks have more obstacles than others, and of course, the greater your income over your expenses, then the more you can invest and the greater could be your chances of expediting the process of actually reaching FIRE status, and so it could make a difference if you are able to invest $10 per week, $100 per week, $1,000 per week or some other amount in terms of making meaningful progress... including figuring out how much time that you have to do it.. 30-40 years? or some shorter period?  Of course, getting there faster would be nice, but you still have to work within your parameters and if you are able to improve your parameters.
Yes, whatever you said is very true and I fully agree with you. There are some people who start their journey from low income and overtime if they follow F.I.R.E path then they'll keep increasing their income overtime and may still reach financial independence in early age. Investing $10 is better than investing nothing per week and that $10 can turn into $20 or more when it's invested into a good asset like Bitcoin over the course of some years or months depending on its popularity.

The ones who started investing $10 or $20 per week into Bitcoin from 2015-2016 are still in enough profit and they might reach F.I.R.E status sooner than the ones who start investing in it from today, but after 10 years the ones who invested in it during 2015-2016, and the ones who started investing in it from today, both will win, and there's chance that both group of investors might be free from financial issues after next 10-20 years and they may retire earlier than their colleagues.
It all matters about mentality because if you dont really have any plans on your life when it comes to progress and changes then you would be finding things to be hard and on which this will really be that resulting that you will be just that contented on what you have now and be just that wanted to work until you do gets old. For those who had been thinking about on having a better future or simply having that freedom from 8-5 job then they will be that trying out the possible ways or methods that they can be able to dig into. Yes, its true that not all starting up on a good point because of some factors or challenges in life but it doesnt mean that you will be having that 0% of hitting success. You wouldn't know unless you do try. The common issue of human beings is that if they've seen that its on the impossible side then they wont be making any actions.

We are all that wishing on having that financial freedom  because we do know that we can do all sorts of things as long you do have the money with your own time or simply you are the own boss of your own time and could do whatever you do want but of course achieving this condition doesnt really come easy on which this one really involves tons of hard work and dedication and discipline in regarding time management,risk management, emotion management and other important factors on which this will be able to sustain you out along the way. It do really just that a matter of dedication and sticking into your plans no matter what hard condition that you are currently in.