In our previous post Financial Independence: Lighting the FIRE for the next generation (1), we considered the question: “If you can do it all over again, what will you do, or not do? If you can pass some inspiration to the next generation looking for financial independence, how will you light their FIRE?” In many ways, the path to good personal financial management is not difficult, and really revolves around a few core tenets, such as managing:
Emergency funds Insurance Savings and investments Getting on the property ladder DebtIn fact, the next generation are much luckier, with a lot of the advice now having gone mainstream and being easily available from the web and other sources without having to pay someone to learn about it. Pretty much anyone can reach Financial Independence by following what is widely preached about personal finance, even if they do not know the
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