this post was submitted on 27 May 2024
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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/[email protected]

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[–] [email protected] 5 points 1 month ago (7 children)

Is anyone interested in seeing more posts here? If so, what kind of content would you like to see?

My goal here is to encourage a bit more engagement to encourage more people to improve their financial situation. Here are some options that I think I could contribute:

  • relatively regular, blog-style posts going over some aspect of FIRE - "simulation Saturday/Sunday" or something; community encouraged to provide their own
  • news articles with poor/mainstream financial advice - gives the community a chance to offer alternative perspectives, so may be more engaging
  • "back to basics" series - post links or generate OC to discuss the fundamentals of FIRE - savings rate, withdrawal strategies, etc

Or I could not bother. It seems a lot of the popular FIRE blogs are getting much less attention now, probably because they're retired and stopped caring about the blog, but mainstream media seems to be taking this as "FIRE is dead because it doesn't work."

Anyway, thoughts?

[–] [email protected] 5 points 1 month ago

I’d love to see more content and engagement. It’s hard when you’re a niche community within a niche platform. More posts amongst the same small set of voices may or may not end up leading to meaningful engagement.

Perhaps a parallel question to consider that ties in with your goal of helping more people improve their financial lives: What content would attract new members to the community? Naively the back to basics type focus seems like something that could be welcoming for newcomers, even just explaining what FIRE is and how the (Shocking Simple™) math works.

Honestly it’s a shame there wasn’t a meaningful migration of FIRE folks from reddit to lemmy.

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