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Financially Independent to Retire Early: FIRE (A Strategy)
Financially Independent to Retire Early (FIRE) has become popular in the recent years especially among the millennials & Gen Z. Making it part of your financial journey would definitely add value and improve one’s financial status. Unlike previous generation’s idea of working as long as one can, FIRE has become the new movement and many jumped onto it, begun working towards the plan. The core idea of FIRE is to earn and save money to retire much before the usual 60s or 70s age. Early retirement doesn’t mean sitting idle at home. It means having the freedom to chose any activity one is interested towards and that still can be…
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Building an Emergency Fund along your financial journey (Way Forward)
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Smarter Financial decisions: path to Financial Abundance [The Way]
Achieving financial independence is a dream for many individuals, offering the freedom and peace of mind to live life on one’s own terms. While the journey towards financial independence may seem daunting, one of the key stepping stones is making better financial decisions. In this article, we will explore the importance of making informed choices when it comes to managing your finances and how these decisions can propel you towards achieving financial independence. Set Clear Financial Goals To make better financial decisions, start by setting clear and realistic goals. Whether it’s saving for retirement, purchasing a home, or starting a business, having well-defined objectives provides direction and purpose. Outline specific…
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Building an Emergency Fund along your financial journey (Way Forward)
