
“When one door closes,another opens; but we often look so long and so regretfully upon the closed door that we do not see the one which has opened for us.” – Alexander Graham Bell
When you are on the path to Financial Independence, Retire Early (FIRE) you need to be looking for every edge. This way of thinking allows FIRE seekers to uncover opportunities for savings and growth in everyday activities. Whether it be house or travel hacking, biking over driving, or making delicious home-cooked meals for pennies on the dollar, the FIRE lifestyle is centered around creative thinking for everyday issues. Housing, transportation and food are predictable everyday facts of life.
However, one facet of everyday life is not so predictable:
Adversity
How can FIRE thinking take advantage of that?
Can you take cues from a rocket launch to enjoy the benefits of F.I.R.E. on an accelerated timeline?
August came and August went. And with it, I now have a child in Kindergarten! What a mind job! While I begin to adjust to yet another reminder that I am getting old, let’s take a step back and dissect the month that was.
We have a potentially lucrative investment opportunity on the horizon. It will take an aggressive savings strategy to be able to jump on it. So, I wanted to walk through our thought process on how we plan to attack this ambitious short term savings goal.