No one wants to retire later than sixty-five, at the most, and many try to beat that by five, ten, or even fifteen years. As pleasant as that might sound, retirement at any of those ages is far too late in life for individuals living in the Financial Independence Retire Early movement. Imagine for a minute that you’re retiring in your twenties or early thirties? Well, if you join the FIRE movement, you may just make that dream a reality.
Tag: Financial Independence
House hunting and home buying is a new ground you’ve probably never set foot on before. Not only can it be a very frightening and exhausting process but also a very satisfying and rewarding adventure. Emotions run high and, if you’re not cautious, so does your expenses. On the positive side, nothing beats the feeling of decorating your private home the way you like and having your family and friends over for dinner. It’s certainly a couple of reasons why most people do everything they can to buying a house of their own. So, creating a budget should be the first step when buying a house and, if you do it correctly, it will help you in the long run.
Life is a journey with little structure or direction. When we choose to make sense of life, one of the things that we often do is make goals and set priorities to achieve those goals. Our family, friends and personal aspirations give added value to the factors that make our life worth living. When planning out our lives, we can be hasty to forget about the essentials. We continue to assume that things will merely be there or will eventually come. Too often do we forget the importance of making our finances a priority. When we have bills, student loans, and credit card debt, it can be challenging to think about saving any money towards anything else, but it’s those savings that set you up for a positive financial future.