this post was submitted on 02 Oct 2023
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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)

Finance Flow Chart (UK)

Personal Income Spending Flow Chart (Australia)

Personal Finance Flow Chart (Ireland)

Useful Links:

Bogleheads Wiki

Mr. Money Moustache - a frugal lifestyle blog

The Earth Awaits

Related Communities:

/c/PersonalFinance@lemmy.ml

/c/PersonalFinance@lemmy.world

/c/PersonalFinanceCanada@lemmy.ca

/c/AusFinance@aussie.zone

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Weekly Discussion: 2 October 2023 (lemmy.world)
submitted 1 year ago by andocas@lemmy.world to c/fire@lemmy.ml
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[–] sugar_in_your_tea@sh.itjust.works 1 points 1 year ago

Yeah, a lot of people discourage it, but my opinion is that if you'd be redirecting savings from the 401k anyway, you might as well just invest in your 401k and take the loan so you save the 401k space.