Here are some basic principles of the F.I.R.E movement:

  1. Radically reduce your spending.
  2. Become debt-free.
  3. Aggressively pay off your loans.
  4. Ideally, no mortgage.
  5. Save as much as you can, and invest those savings safely.
  6. Become an entrepreneur, start or buy a small business.
  7. Retire early, often, or not at all.

Tags
economics

Date
January 1, 2020