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How to Calculate the Monthly Income Requirement for Barista FIRE
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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…
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Is Coast FIRE the best strategy for a normal worker?
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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…
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Be a friend of Time for Passive Income
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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…