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Lean FIRE vs Fat FIRE
The concept of Financial Independence Retire Early (FIRE) has evolved into two main categories: Lean FIRE and Fat FIRE. Lean FIRE is based on anti-consumerism and living frugally to achieve financial independence, while Fat FIRE involves a more traditional approach with an emphasis on maintaining a higher standard of living. This evolution has led to different approaches within the FIRE community, representing diverse philosophies towards financial independence.