this post was submitted on 01 Jan 2024
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FIRE (Financial Independence Retire Early)
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Welcome!
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
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What's everyone's goals for 2024? Mine is to rebuild our emergency fund, try to max both our Roths, and see if I can generate a little side income from my hobby. Other than that, hopefully business as usual
We're talking about moving in ~4 years so we'll start saving up for a down payment on top of maxing out our IRAs. Right now, the plan is to convert our current house into a rental when it's time.