15
Weekly Discussion: 30 October 2023
(lemmy.world)
FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
Flow Charts:
Personal Income Spending Flow Chart (US)
Personal Income Spending Flow Chart (Canada)
Personal Income Spending Flow Chart (Australia)
Personal Finance Flow Chart (Ireland)
Useful Links:
Mr. Money Moustache - a frugal lifestyle blog
Related Communities:
/c/PersonalFinance@lemmy.world
/c/PersonalFinanceCanada@lemmy.ca
At the end of the day, while FIRE is appealing to me and works well for me, it's not the only right way to live. I think if someone I was close to got set up in a good paying job, offering to explain their retirement benefits to them and help them get set up is fine, but I wouldn't push them more than that because it can seem a little preachy. If they want to know more, then we can talk. Most people don't, and pushing the subject would only be off-putting.
Similar to if I had a morbidly obese friend. Yeah it'd be good if they counted calories and ate mostly fruits and veggies to achieve a healthier weight, but is it really my place to push them towards a different lifestyle? Or should I just be a friend and help them when they ask for it?