FIRE stands for Financial Independence, Retire Early.
As many people don’t plan to retire when they reach FI, other names have been introduced:
- FIOR: Financial Independent, Optional Retirement (MadMoneyMonster)
- HOT: Happy, Opportunity-rich, Time-rich. (A Dutch invention)
FIRE / FIOR / HOT is reachable with a change in your mindset. If you earn more, spend less and invest the difference, you can build up a passive income.
If your passive income equals or exceeds your expenses, you can call yourself financially independent.
Last December, I told my boss that I was going to quit, without having a new job to go to.
Are you having trouble to make ends meet? Are you struggling with debt? I will outline the steps you have
About a year ago, I never heard of FIRE. But when I started to get interested in investing, I came
A bit late, since we’re already halfway into January, but here are my goals for 2019 for my blog, for