"Spend less than you earn and invest the difference"
Welcome to “Start to FIRE”. If you are new to FIRE, first read this article.
Build a financial plan
One of the most important steps on the road to financial independence is to create a financial plan. In this plan, you list your financial goals and describe how you plan to achieve them.
Create an emergency fund
If an emergency occurs, it is best to have a buffer so that you don’t have to go into on debt for unexpected expenses.
Pay off debt
Debt entails costs and these interests can be high, try to pay off debt as soon as possible!
Create a budget
A well-prepared budget gives you a clear view of your income and expenses and is the foundation for getting your finances in order.
Start to FIRE
FIRE is the abbreviation for “Financial Independence Retire Early”, become financially independent to be able to retire earlier.