Playing with FIRE (Financial Independence Retire Early)Playing with FIRE (Financial Independence Retire Early)
Listen to the intro

Playing with FIRE (Financial Independence Retire Early)

user-icon

Scott Rieckens

FIRE (Financial Independence, Retire Early) is an empowering financial strategy that's accessible to anyone, regardless of their income level. You don't need to make extreme changes like moving to a cheaper town; even small adjustments, like reducing expenses on daily habits, can contribute to financial empowerment. While FIRE can enable early retirement through aggressive savings and low-cost investments, its broader focus is on aligning your spending habits with your core values to lead a more fulfilling life. Participate in an internet-based discussion group to talk about your financial matters. Finances tend to be a sensitive subject for many individuals. In fact, one survey conducted by Wells Fargo revealed that money is considered a more challenging conversation topic than even death and politics. Consequently, the journey toward FIRE can sometimes be a solitary one, whether you have a partner or not. In contrast, the FIRE community values teamwork and open communication. If you can't attend an in-person FIRE conference, there are numerous online forums available where you can participate anonymously.

hashtagpersonal-development
hashtagmoney
hashtagpersonal-finance
hashtaginvesting
clock14 min
bite5 Bites
target5 Insight

What's it about?

Playing with FIRE (2019) examines a growing phenomenon called FIRE, which stands for Financial Independence, Retire Early. Drawing on the author's transformative experiences and the stories of several FIRE enthusiasts, the book explores methods for changing your financial habits so you can follow your interests and live a more purposeful life.

Book summary

FIRE (Financial Independence, Retire Early) is an empowering financial strategy that's accessible to anyone, regardless of their income level. You don't need to make extreme changes like moving to a cheaper town; even small adjustments, like reducing expenses on daily habits, can contribute to financial empowerment. While FIRE can enable early retirement through aggressive savings and low-cost investments, its broader focus is on aligning your spending habits with your core values to lead a more fulfilling life. Participate in an internet-based discussion group to talk about your financial matters. Finances tend to be a sensitive subject for many individuals. In fact, one survey conducted by Wells Fargo revealed that money is considered a more challenging conversation topic than even death and politics. Consequently, the journey toward FIRE can sometimes be a solitary one, whether you have a partner or not. In contrast, the FIRE community values teamwork and open communication. If you can't attend an in-person FIRE conference, there are numerous online forums available where you can participate anonymously.

To read rest of the book you can download Bitely
appstoregoogleplay
app gallery
All Bites
bite5 Bites

Scott Rieckens found himself ensnared by an unsustainable way of life until he came across the FIRE movement.

1
logo

Achieving financial independence provides you with the freedom from the necessity of working for income.

2
logo

The two fundamental principles of FIRE are aggressive saving and investing in low-cost options.

3
logo

Introduce the concept of FIRE to your partner by initiating a conversation about your shared values, and consider connecting with the FIRE community to discover like-minded individuals.

4
logo

FIRE is accessible to everyone and can be customized to fit personal preferences.

5
logo
mailbox-icon

Do you want to keep learning?

Don't miss updates from the exciting universe of Bitely!

Logo
appstoregoogleplay
app gallery

Follow us on social media

tiktokxinstagramyoutubelinkedinfacebook
© 2024 Bitely. All rights reserved.