Find Your Freedom Podcast: Money | Lifestyle Design | Travel | Passive Income | Online Business
FYF 005: Everything You Need to Know About Financial Independence Retire Early (FIRE)
Listen on
Episode notes
If you want to quit your job to travel or even just move out of your parent’s house, you can’t miss this episode. You’ll learn everything you need to know about Financial Independence Retire Early (FIRE) including…
- What Financial Independence (FI) is,
- What it means for your life,
- How to achieve FI, and
- Tips for reaching FI faster.
This is a totally actionable information – you will learn terms and concepts and then customize them to fit your life. Tweak the guidelines to fit your personal situation, decide what FIRE can look like for you, and then get on the path to financial freedom!!
Take a crash course on FIRE concepts like:
- Passive Income
- Financial Freedom
- Rule of 25
- The 4% Rule
Plus, get a quick vocab lesson on all those terms you’ve seen thrown around about FIRE, such as:
- LeanFIRE
- FatFIRE
- Mini-Retirements
- Semi-Retirement
- BaristaFI
- SlowFI
- CoastFI
Finally, we’ll discuss the 6 stages of financial freedom, from financial dependence to financial abundance.
If you’re curious about reaching financial independence or retiring early, take a listen to this episode. If you enjoy it, please subscribe and share with a friend. Also, leave us a rating and review on Apple Podcasts, I’d really appreciate it.
Today’s sponsor is the Financial Freedom Summit, an event for everyday, regular people (not just content creators) who like to talk about money. The Summit’s mission is simple: to help you reach the next level in your financial journey -- no matter where you are. There will be speakers and workshops on nearly every personal finance topic. This is your chance to connect with thousands of other people who have the same interests, goals, and philosophies as you.
For more information, visit the show notes at https://www.twentyfree.co/episode5/