Have you heard of the FIRE movement? Reaching FIRE status is something more and more households and individuals aspire to each day- financial independence (IR) and the ability to retire early (RE).
The first step in achieving this goal is working hard and reaching all your career goals. Once you do, it’s all about the choices you make with the money you’ve earned. The Bureau of Labor Statistics has provided a list of common ways to save money, but it’s important to note that their data encompasses all types of households.
Take all of these into account and overlap them with your current situation and goals in order to make the best decision you can for your financial future.
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