The Truth About FIRE
There's rarely any Youtube video that pokes at the FIRE movement. Here's one that honestly and gracefully poked at it.
Richard Coffin @ The Plain Bagel
Quoting - "Often I ll see someone promoting FIRE as something that comes down more to mindset than your circumstance as though it's something available to everyone."
Quoting - "Whether it's worth taking the risks and downsides associated with FIRE comes down to your own VALUE."
My takeaway on whether FIRE is for one or not is very simple -
Can FIRE bring you what you desire and enjoy in life?
Related posts:
Like what you read? Follow me on Facebook or Twitter for updates and news I dig.
Check out my referrals for fantastic sign up bonuses on SAXO, Moomoo, Gemini, Celsius, Blockfi and more.
🤗
Thanks for reading!
Most of us should pursue FI as one of our financial and investing goals and open up more options down the road. Not all of us need to FIRE!
ReplyDeleteHi Uncle8888,
DeleteI fully agree.
It is a means to help us open up more options down the road, it is not an end in itself.
Just like advertising & marketing BS, people focus on the fun of the RE part.
ReplyDeleteNot on the sacrifices or slog of the FI process.
Human tendency to think in short term, get things or achieve things quickly. I.e. get rich quick mentality.