Adopting FIRE Model
Paisa Vaisa with Anupam Gupta
00:00
Introduction to FIRE and its Origins
This chapter introduces the concept of FIRE (Financially Independent Retired Early) and discusses its origins and application in the US. It explains that FIRE consists of two aspects: financial independence and early retirement. The chapter highlights the influence of the financial crisis of 2007-2008 and social media in popularizing FIRE.
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