| ▲ | tasuki 41 minutes ago | |
> [...] nothing to do with a FIRE strategy. I just saved, lived humbly [...] Textbook FIRE strategy. | ||
| ▲ | Xirdus 13 minutes ago | parent | next [-] | |
I'd say it's missing the FI part and the RE part of the FIRE strategy. Even if they did retire early with financial independence, it's never been their goal and they never actively worked toward it. The reason regular saving and regular humble living look a lot like FIRE saving and FIRE humble living is that an average person can only do so much to increase their net worth, so the possible variance between any two people is very limited. | ||
| ▲ | embedding-shape 11 minutes ago | parent | prev [-] | |
"Lived humbly" is vastly different from "reduce expenses and maximize savings" which FIRE is all about. I've basically always earned more than I could spend, although I thought nothing about saving money, does that mean I'm doing FIRE too, or just happened to be "living humbly"? | ||