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FIRE – What in the world does that mean?
“FIRE – what the hell is that?” This is the question a close friend of mine messaged me after I made a post sharing my FIRE numbers on instagram. So I thought it would be the perfect time to make a post all about the fire movement, the most common types and how I’m approaching it. So first of all….. what the hell is FIRE? Financial Independence Retire Early FIRE is an acronym for the personal finance movement that is seeing people living extra frugally in their 20s and 30s, investing as much money as possible so the interest is enough for them to be able leave the workforce long…
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7 Easy Ways For Students To Begin Investing
Investing doesn’t have to be the minefield that it is often portrayed as. In this post I will break down the 7 easiest ways to start investing as a student. And yes it is never too early to start investing. Actually the younger you are when you start, the better because of the magic of compound interesting. Compound interest has been called the ninth wonder of the world because it is so powerful. The younger you begin investing the better because this means more years to harness the power of compound interest. Why is compound interest so important? Example: Q invests £250 a month for 30 years. At an average…