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Weekly Discussion: 10 July 2023
(lemmy.world)
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)
Personal Income Spending Flow Chart (Australia)
Personal Finance Flow Chart (Ireland)
Useful Links:
Mr. Money Moustache - a frugal lifestyle blog
Related Communities:
/c/PersonalFinance@lemmy.world
/c/PersonalFinanceCanada@lemmy.ca
So in the end, we eliminate the need of money, but doing everything for ourself, and reduce the need to buy things in economics system?
I'm not in US, in South East Asia.
Pretty much. Reduce your consumption so you need less stuff. Build skills that you could use to barter for things that you would otherwise need to buy.