Fire movement

 

-Millennials focus on instant gratification. “They grew up in a time of insecurity, with 9-11 and banks cheating people.”
- ‘Who knows what tomorrow will bring?’ and to say ‘why not treat myself?’
- 9-11 and the great Recession shaped Gen Z’s Practical money habits reach into this generation shows they are much more conservative with their spending, and many are trying to graduate college with as little debt as possible.

* what is the Millennials ?= Who bone between 1980 and 2000s.
Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years, with 1981 to 1996 a widely accepted definition. Millennials are sometimes referred to as "echo boomers" due to a major surge in birth rates in the 1980s and 1990s, and because millennials are often the children of the baby boomers. The characteristics of millennials vary by region and by individual, and the group experiences a variety of social and economic conditions, but they are generally marked by their coming of age in the Information Age, and are comfortable in their usage of digital technologies and social media.

 

FIRE Financial Independence Retire Early.

So normally people think retires 65. work your whole life save 10 to 50 percents their income.
but the fire movement talks about saving ???????? 50-80 percents their income (1:58)
And then you will retires about 30 ,35 years old.
Because it doesn’t make sense retire 65, enjoy your life for about 10 to 15 year and then die.
but if you can retire 30-35 you can have the next 30-40 years for enjoy your life instead.

And than you should usually which that Buying less, pretty put in your money (2: 16) ???

 

 

You need a Million Dollars to reach fire.
Because that leave off the 4% (2:30)
Because the stock market average 6 to 10%
so that means that even if you ... 4% now, so much 4% all the year.
And that way have to... .. forever. (2:47)
100만달러 약 12억원 이 저축되어 있으면 미국 스톡마켓의 수익률을 계산할때
연간 4% 이자가 발생하는데 4% 이자가 약 4700만원이고 이 수익률로 먹고 산다는 계산임.

 

How do I get to a million?
I will need to save 400dollars (약 47만원) a day.

If you just a work stand job as employee making a salary it might take you a decade to reach fire
but That’s way you need a Side Hustle.
So I blogged, and I make ad money from the blog.
I’ve run a business and I made money from the business
I’m looking to eventually investment real-eatate.
Anything way(?) you can make a money, outside of your job, that will have you reach fire faster
because it making your money while you sleep.

 

minimalism place in to fire.
Because not buying helps you put that money way to investment.

All my life fits in .. this much this place.

 

 

I’ve been doing this process for about 4 years.

I’m tired having too many things, I’m tired of having to .... in to that socal media imagine of .. (4:14)
I’d love to leave life style