Demystifying the FIRE Movement for Financial Independence

Reported about 1 month ago

In a recent episode of Financial Freestyle, personal finance expert Jamila Souffrant discusses the FIRE (Financial Independence, Retire Early) movement, which emphasizes saving during working years to fund one's lifestyle without needing to work later. She shares her family's journey, the importance of determining a 'FIRE number', and the challenges of aligning financial goals with her husband. The discussion highlights varying levels of frugality, termed 'guac levels', and the couple's commitment to investing to achieve long-term financial stability.

Source: YAHOO

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