❚ Learn from the FIRE philosophy ❚ Set money goals ❚ Don’t be limited by society’s patterns of living
FIRE people set their brains to work on the task of amassing the resources to live an authentic life that suits their natures.
They pride themselves in not being passive consumers living traditional live, and amass considerable financial survival skills from their lifestyles.
All these things make them worth knowing about.
And they want their lifestyle to be known.
There are lots of FIRE blogs, so anyone wanting to emulate them, does not need to work hard in getting the template.
Like any way of life, it is not for everyone.
The question of what would happen to the world economy if everyone turned super-frugal overnight sometimes gets debated.
It’s a moot question because it won’t happen.
The FIRE philosophy saves individuals, not whole peoples.
FIRE lifestyles transform individual money lives, but only the clever and abstemious few who can live that way.
It’s also a philosophy that’s associated in my mind with the passion of youth. That’s great too. Getting ahead in your 20s makes it a heck of a lot easier later should you choose to couple up, and have children.
Molding a wife/husband/ cherished loved one, not to mention the children, to live a FIRE life is a topic I’d love to know more about.
Some critics query the apparent FIRE assumption that early retirement is good, but hey, if FIRE people can find a way of living that works for them, that’s their business.
I don’t even find myself bothered by the tinge of religious fervour about the FIRE movement, and its faint sense of disdain for all those living traditional lives.
Many social movements have sought to define themselves in opposition to the mainstream. A little ‘‘them and us’’ is understandable.
Having a real FIRE friend in your life is a blessing. It keeps you honest when appraising your own spending habits.
I worked with one for years. Fiercely bright. Fantastically selfled. Huge conviction.
A FIRE friend opens your eyes to what is possible, which can help you to light a fire under your own savings, and take a match to wasteful spending.
The FIRE money philosophy is living frugally to amass wealth to become financially independent so retire early.