What is FIRE and choose your favorite flavor…

If you’ve been on any financial blogs lately, you may have encountered the term “FIRE” — in all caps. What is FIRE? It’s an acronym meaning “Financial Independent / Retire Early.”

It is a financial plan for those that are, generally, high income earners and are saving prodigiously so that they can no longer need to work a job in order to live. Regardless of your exact income, anyone on the FIRE path needs to be a strong saver and disciplined in their finances.

But did you know that there are different flavors of FIRE? Flavors, you ask?

Continue reading “What is FIRE and choose your favorite flavor…”