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I am the furthest thing from practicing FIRE, after all my primary hobby is racing cars (cheap cars... but racing anything is expensive). But just by finding w
by tristor 6y ago
I am the furthest thing from practicing FIRE, after all my primary hobby is racing cars (cheap cars... but racing anything is expensive). But just by finding ways to be frugal in other areas of my life and prioritizing savings and investments over material things, I've been able to have a healthy cushion for most of my adult life. It has also come in handy a few times when ethical considerations forced me to make a career move.
At this point in my life, I have a target to retire at 50, and will at that point have enough residual income from investments that I can work only when I want to for the remainder of my life. That's an achievable goal for anyone working in tech, and it does empower you to be more real in your work life, but it's also a sliding scale of how aggressively you want to cut things out of your life to save money.
I think the author has the right concept, but their actual breakdown in terms of expenses isn't realistic for most people in the US. I live in a very low cost of living area and still couldn't bring my expenses as low as the author of this article.