-
Coast FIRE vs Barista FIRE
•
Financial Independence, Retire Early (FIRE) is a lifestyle that prioritizes planning with the end in mind, emphasizing saving first and enjoying life later. It aims to achieve early retirement through financial independence, with the core idea being the ability to stop working actively and sustain future living expenses without relying on employment. FIRE is…
-
How to Calculate the Monthly Income Requirement for Barista FIRE
•
Check here for more info of F.I.R.E. Movement. If you understand it, just read down below content. Compared to Other FIRE Methods My understanding of Barista FIRE is that it involves a job you can choose to do or not do at your discretion. Many Barista FIRE individuals take on short-term gigs or freelance…
-
FIRE Monthly Newsletter: June 2025
•
In June, I experienced two significant events: I quit my job and went on a trip. I was working at a startup, and I actually enjoyed the job because my boss was a great person. Additionally, my strengths were well-suited to the company’s projects—I had both the ability and interest to help improve the…
-
Is Coast FIRE the best strategy for a normal worker?
•
Coast FIRE Have you ever thought about: saving enough money so you don’t have to work hard to save anymore, doing whatever you like, yet having sufficient funds to secure your retirement? This is the core logic of Coast FIRE: using the power of compound interest to reach financial freedom. Simply put, Coast FIRE…
-
20% vs 5% deposit comparing for first home buyers
•
Australian Prime Minister Anthony Albanese has announced a government scheme to assist first-time homebuyers in Australia. The key components of the policy include that all first-time homebuyers will be eligible to purchase a home with just a 5% deposit. The government will guarantee up to 15% of the loan value, eliminating the need for…
-
Be a friend of Time for Passive Income
•
This article discusses another lesson I’ve learned about personal financial growth and passive income: making time your friend. Time works like the process of making wine: you put in the grapes, wait patiently, and eventually it yields a delicious result. When I had the opportunity to come to Australia before COVID-19, I sometimes lamented…
-
FIRE Monthly Newsletter: May 2025
•
It’s May 2025, and it seems like the first day of the new year is still fresh in my mind. As I get older, I realise that sometimes time passes by so quickly, and it makes me feel even more deeply about the value of passive income. I love the expression so much, there’s…
-
Growing into a competent FIRE achiever: making friends with solitude
•
During my financial learning process, I have realised that the most important quality I need to become a FIRE achiever is to befriend solitude. Loneliness is a contradiction So many people say they are lonely, and those who say they are lonely are not actually lonely. Loneliness is not being left out and abandoned,…
-
FIRE Monthly Newsletter: April 2025
•
I’m sure you all had a wonderful Easter holiday, didn’t you? Welcome back to the April 2025 edition of the Money of Life monthly newsletter. I will share my story of living in a car. I will also be continuing my FIRE journey. Live in Car Let me tell you about an experiment I…