Ask Paula: Did the Great Recession Lead to the FIRE Movement?
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I Think It's Going to Be So Many Different Things.
The modern fire movement has gone from a group that, you know, got some criticism in the early years. People with a big six figure income can reduce discretionary expense much more easily than somebody living on 35 thousand dollars can. The explosion of passive investing and index funds puts greater power back into the hands of the individual. And so i think these forces have worked together to get people supergized about all aspects of their financial life,. including careers, side hustles, their income, their spending and their inet ments.
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