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LeanFIRE VS FatFIRE
By Singaporean Talks Money  •  March 7, 2019
Recently, while reading smellingfreedom, i came across these 2 terms, LeanFIRE and FatFIRE.

I find it pretty cool to know that FIRE can also be further divided.



LeanFIRE:

leanFIRE is to retire as early as possible with the minimal amount of money possible.

FatFIRE:

fatFIRE means to live a FAT FIRE lifestyle. In most cases this does not mean they want to buy a Porsche and lots of diamond rings, but rather that they would like to have enough money to be able to afford to travel or pursue their hobbies.



This means that to achieve fatFIRE is much more difficult as a higher amount would be needed.

So whether you are aiming for a fatFIRE or leanFIRE, it really is up to your spending habits and how you want to be living which can affect your goal.

Most people would think that they can lead a leanFIRE lifestyle but there are many other cost that can make

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By Singaporean Talks Money
I am currently a 23 year old university student in SIM. I hope to be able to grow my money and see the power of compound interest. I became interested in investing when I took a gap year and worked full-time. I realized that by just saving, it was very difficult to achieve my financial goals hence i read up on investing.
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