How to Reach FIRE Based on Your Income ($45K - $100K/Year)

2024/10/1

What does it mean to** “win” financially **in your income bracket? To us, the end goal is always FIRE) (Financial Independence, Retire Early), and if you’re chasing financial freedom), this is the show for you. We’re breaking down the money moves you need to make based on your income bracket, going from $45,000 to $100,000 per year, and how to stretch your dollar the furthest so you can invest, save, and reach FIRE faster.

If you’re at the lower end of the income scale, we’ll give you time-tested methods to boost your income and use your time wisely so you can start stockpiling cash TODAY. If you have a high income, there’s still work to be done as you need to find the best way to** keep the most of your income **so you can use it to acquire wealth-building) assets.

Regardless of how much money you make, you CAN achieve FIRE if you know the proper steps. The good news? We’re sharing those steps today, so stick around!

In This Episode We Cover

How to speed up your path to financial independence based on your income bracket

Why we disagree about retirement account)** investing** when you’re just starting your career

Ways to** make more money **and side hustles) that can boost your income

The headache-free vs. hands-on approach to investing for FIRE (and who should take which path)

Lifestyle creep and avoiding overspending (EVEN if you have a higher income)

How much money we reasonably think you’ll need** to achieve FIRE **

And **So **Much More!

Links from the Show

Mindy on BiggerPockets)

Scott on BiggerPockets)

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