The information provided herein has been prepared by a third party company and has been distributed for education purposes only. The positions, strategies or opinions of the author do not necessarily represent the positions, strategies or opinions of CrossCountry Mortgage or its affiliates. Each loan is subject to underwriter final approval. All information, loan programs, interest rates, terms and conditions are subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
June 3, 2019
If you live like no one wants today, can you really have the freedom that most of us dream about tomorrow???
A lot of people are saying YES!
A new movement called FIRE ????(Financial Independence Retire Early) is really gaining momentum because of its promise of early retirement!
The foundation behind the FIRE approach is to keeping your expenditures as low as possible (this means very minimal personal spending), pay down all debt early, and save/invest every dollar not spent so that you retire as soon as possible!
Is this practical? I say, MAYBE… What do you think?
I break down this strategy in today’s Money Tip! All the pros, cons, and what you will really need to consider if you you take this approach to finances!
As always, if you have any questions, or a topic you want to hear about, be sure to comment, email or call. We’re always here to help!!
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