I read with interest on a blog which mentions on the importance of defining FIRE and his/her FIRE number. Financial independence is a beginning and not the end. Achieving financial independence is one chapter in one’s life.
Financial independence is a financial platform which allows one to build a customised and enjoyable lifestyle.
If one wants to achieve FIRE, the first thing one has to do is to define FIRE and his/her FIRE number. Every one’s FIRE number is different and unique. One should not compare with one another for FIRE number. This leads to the question of how much is enough.
It is important that one defines one’s enough in life.
“Enough is not the maximum amount for survival; it is the exact amount that gives one fulfilment without excess. There is nothing in one’s life that is more valuable than one’s time”.
My FIRE goal was the same as my enough. It is impossible to ever have enough if one does not know what enough is. Define one’s enough. Aim for and achieve it. Then live life on own terms.