The theme for October is the financial independence movement. Most of us depend on our employers to provide the money we need to eat and live, but some of us dream of not relying on our jobs to live a comfortable life. We dream of financial independence, but what is financial independence and how is it attained? Is it possible for everyone to achieve this dream?
The best solutions, advice, and stories from the Plutus Community will help you have an impact on your life.
“There’s a new currency circulating right now and it’s freedom! For good reason, too. This modern-day luxury opens up an abundance of opportunities. Freedom of time, freedom of career, freedom of finances, it all allows us to enjoy life to the fullest. With these pillars of freedom secured, we can go for our big dreams without limitations, explore the world at leisure, and spend precious time with our loved ones. Tell me, how different would your life look if you could claim even just one of these pillars for yourself?”
“Financial independence is a position of not relying on work to make a living. Here’s why the related FIRE movement is so dangerous to a healthy money mindset..”
“The Financial Independence Retire Early, aka FIRE methodology, has several flavors depending on your risk profile, desire to work low-stress retirement jobs, and flexibility to adapt. One such plan is fat FIRE which can help you become an early retiree with higher annual living expenses.”