Read the notes "Making Money, Earning Free FIRE Financial Family"

●It's very simple, just "spend less, save more, invest the difference". The easy road to FIRE is: save 50 to 70 percent of your income, invest those savings in low-fee stock index funds, and retire in about ten years.

●To get to the bottom of it, "spending less" is the most important and the most difficult part. Before shopping, think twice if you can.

●It is difficult to turn extravagance into thrift, especially when many things seem to be "needs" rather than "want".

●Extreme thrift that loses elasticity does not belong to FIRE.

●No longer indulge in consumer culture, choose a real happy life.

●Seven steps to become a FIRE financial family:

1. Calculate how much money you have. To determine your net worth, assets minus liabilities.

2. Calculate your spending and savings. Tracking for at least 90 days ensures precise and accelerated development.

3. Reduce daily expenses. Make decisions that align with your values.

4. Reduce the big three: home, transportation, food. But start small, long pain is not as effective as short pain.

5. Make deposits work for you.

6. Increase revenue.

7. Find the FIRE financial family. Surround yourself with like-minded people.

~ Scott. Scott Rieckens

~ "Making money and earning more freedom FIRE financial family - low salary, debt, zero deposit, working family... can also achieve financial freedom and enjoy life"

~Playing with FIRE (Financial Independence Retire Early): How Far Would You Go for Financial Freedom?

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