FIREDOM Financial Independence: Immigrants Expats Travelers

FIREDOM Financial Independence: Immigrants Expats Travelers

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FIREDOM Financial Independence: Immigrants Expats Travelers
FIREDOM Financial Independence: Immigrants Expats Travelers
The FIRE Secret You Didn't Know

The FIRE Secret You Didn't Know

Life Gets Cheaper After Financial Independence

Olumide & Samon's avatar
Olumide & Samon
Dec 02, 2024
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FIREDOM Financial Independence: Immigrants Expats Travelers
FIREDOM Financial Independence: Immigrants Expats Travelers
The FIRE Secret You Didn't Know
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FIRE enthusiasts often struggle to decide how much money they need once they FIRE. Many worry about lifestyle inflation: “With so much time on my hands, I am bound to spend more than I thought” or “What if I had underestimated how much I need". Stuck in this mindset, many either give up trying to FIRE or never actually FIRE for fear of running short.

After FIRE, I realized the opposite. To be clear, I knew I would keep my costs under control, but I thought it would come at greater discipline than before I fired. It actually came more effortlessly: life often becomes more economical after achieving financial independence.

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