The BIG Problem With FIRE Movement // Why I Dislike The Financial Independence Retire Early Concept financial independence

by countryHGFhjjh



ขบวนการไฟได้รวบรวมความเร็วและกลายเป็นแนวคิดที่ได้รับความนิยมจากทุกกลุ่มอายุ ไม่ว่าคุณจะเป็นแฟนตัวยงของ FIRE หรือไม่เคยได้ยินเกี่ยวกับแนวคิดนี้ หลักการพื้นฐานก็คือคุณสามารถประหยัดเวลาในการเกษียณได้เร็วกว่าที่คุณจะทำได้ เพื่อให้คุณสามารถเกษียณอายุในวัย 50, 40, 30 หรือ 20 ปี . . แนวคิดนี้ฟังดูค่อนข้างดีในช่วง 10 วินาทีแรกหลังจากที่คุณได้ยินเกี่ยวกับเรื่องนี้ครั้งแรก แต่เมื่อคุณหยุดคิดเกี่ยวกับเรื่องนี้ จะมีปัญหาใหญ่บางอย่างเกี่ยวกับแนวคิดนี้ ในวิดีโอนี้ ฉันจะพูดถึงปัญหาใหญ่ที่ฉันมีกับ FIRE เป็นแนวคิดและความเคลื่อนไหวเบื้องหลัง ลิงก์ที่ฉันพูดถึงในวิดีโอเกี่ยวกับการออมเงินไม่ได้ทำให้คุณรวยได้อย่างไร: CAMERA GEAR I USE ○ กล้องของฉัน – ○ เลนส์หลัก – ○ ไมโครโฟน – ○ ขาตั้งกล้อง – ○ การ์ดหน่วยความจำ – ○ ไฟวงแหวน – รายการอุปกรณ์ทั้งหมดที่นี่: การปฏิเสธความรับผิด: ลิงค์เหล่านี้บางส่วนอาจเป็นลิงค์พันธมิตร หากคุณซื้อผลิตภัณฑ์หรือบริการโดยใช้ลิงก์ใดลิงก์หนึ่งเหล่านี้ ฉันจะได้รับค่าคอมมิชชันเล็กน้อยจากผู้ขาย จะไม่มีค่าใช้จ่ายเพิ่มเติมสำหรับคุณ การปฏิเสธความรับผิด: ฉันไม่ใช่ที่ปรึกษาทางการเงินและนี่ไม่ใช่ช่องทางคำแนะนำทางการเงิน ข้อมูลทั้งหมดจัดทำขึ้นอย่างเคร่งครัดเพื่อการศึกษา ไม่คำนึงถึงสถานการณ์หรือสถานการณ์เฉพาะของใคร หากคุณกำลังตัดสินใจลงทุนหรือจัดการด้านการเงินอื่นๆ และต้องการคำแนะนำ โปรดปรึกษาผู้เชี่ยวชาญที่ได้รับใบอนุญาตที่มีคุณสมบัติเหมาะสม .

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The BIG Problem With FIRE Movement // Why I Dislike The Financial Independence Retire Early Concept

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The BIG Problem With FIRE Movement // Why I Dislike The Financial Independence Retire Early Concept
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ดูวิธีการทำเงินออนไลน์ล่าสุดทั้งหมด: ดูเพิ่มเติมที่นี่
ดูวิธีการทำเงินออนไลน์ล่าสุดทั้งหมด: ดูเพิ่มเติมที่นี่

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27 comments

Sasha Yanshin 11/10/2021 - 9:16 Chiều

Are you looking to retire at 27? Smashing the LIKE button is the first step to get you there.

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Chris L 11/10/2021 - 9:16 Chiều

It really depends on your income level . if one is earning x per month , saving 50% per month will allow him to save for one year of living expense by working one year(spending x/2 per month). The problem is, it may be viable if x is very high because one can still get by x/2.

But if x is only enough for living from pay check to pay check then the whole model collapse.

Also , does one really want to live at x/2 even if they could ?

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Mr and Mrs Explorer 11/10/2021 - 9:16 Chiều

I think you have completely missed the point of FIRE. It boils down to spending money on the things that are important to you now, and saving the rest. If retiring earlier than standard is important, you may give up the mindless Amazon purchases but still go on vacation to create memories. It is about priorities.

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Lulu Lin 11/10/2021 - 9:16 Chiều

The flip side of being frugal is indulging in too much consumerism. The more stuff you frivolously buy, the more you have to work and spend time away from your loved ones. I think most FIRE folks still believe in taking vacations and buying fun things if it fits their budget but the key is to prioritize investing to reach a goal and to be strict enough to stick to a realistic budget. Living paycheck to paycheck is super stressful and people don’t like it. They just do it bc they don’t know how they can possibly live differently. On a lower salary it may be difficult to make ends meet but the issue is when folks making $100k+ are struggling to make ends meet, you know there’s something wrong with what society has taught us.

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VET XRP 11/10/2021 - 9:16 Chiều

If u want to accelerate that; invest in crypto end off.

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Yasmin Barry 11/10/2021 - 9:16 Chiều

I totally agree with you.

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Dutchbaggie 11/10/2021 - 9:16 Chiều

You are overdoing it, no need to live al shitty life. To my opinion the main thing you have to do is think about what you plan to do and then ask yourself (be honest) in the head the question "Is working xx hours truely worth the the joy that I get from doing this or that?". Because that is actually what you are doing, you are spending the money what you worked for the month(s) before. FIRE is more a change of mindset, than a total denial of the joys in life.

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ReadingsMusicArts International Oracle Tarot 11/10/2021 - 9:16 Chiều

Love always different point of views and I honestly think everyone should honestly but thats just my opinion.
Thank you

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Andres M 11/10/2021 - 9:16 Chiều

Actually, a problem I see with the FIRE movement is that it seems like most of the people hates their jobs, and a lot of youtubers are exploiting that weakness to "encourage" people to follow "their journey".

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eddy mens 11/10/2021 - 9:16 Chiều

Puff you looked at this through a narrow lens 🙁 .
You talk of wasting the best part of your early years, same thing can be said about holding a job till you are 60, heck the latter is now becoming scary because people don't have enough to retire these days. What is important is that you live your life how you want it . But if you can also ensure financial security along the way why not?
Talking about what to do with your time, here is the thing. If you have the choice to detach your work from money why not? It's harder for some to chase their passion when its tied to paying their bills, so telling people to figure out how to pursue their passion whiles thinking of paying the bills seems a lot harder.
About building wealth, bra not everyone wants to be a millionaire, most people are doing this to be free

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Yago Dórea 11/10/2021 - 9:16 Chiều

Well, I think the point of FIRE went way over your head. The deal is to work towards not being tied to having to work. Today, if I want to "pause" work for a year, take a sabbatical, I'm just gonna starve, because I'm not rich like people who do this stuff. If I build financial independence I'll be able to work only when I want, on what I want.

There's also maaany ways to achieve this, there's only one rule -> build passive income stream(s) that provide for the lifestyle you want, as soon as you want. Period. You can grind on and save every penny and live in a box, but that's not smart. It would be better to work towards getting a better job, or starting a business (if you have the right idea), or learn how to invest smart. You can also set up your portfolio in a way that it will compound faster in the first ten years, then you rearrange it so it's more stable.

The point is to plan WAY ahead. And that's a great movement for young people to hop on.

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Orry Terrington 11/10/2021 - 9:16 Chiều

I think you've allowed your bias against the movement to misrepresent FIRE. Yes, there are extremists but the majority of people trying to achieve FIRE do not spend their entire lives in misery as you portray. I certainly don't.

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Alec Paulson 11/10/2021 - 9:16 Chiều

From your description:
"The concept sounds pretty nice for the first 10 seconds after you first hear about it, but when you stop to think about it, there's some massive issues with the concept."

The first massive issue is thinking you understand the FIRE movement after the first 10 seconds you hear about it and not actually reading and understanding the landscape from the sources available. The irony is a lot of what you cover in the back half of the video, focus on your passions and interesting things is literally the point of the movement as per the big name blogs, podcasts, and most actively retired FIRE proponents. Many actually talk about how they wish they hadn't rushed to get there in under 10 years.

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mbe55itb 11/10/2021 - 9:16 Chiều

Fire is not for the average joe. Need a large asset portfolio. 1 million dollars is nothing. Unless you inherited generational wealth or have created it, keep working.

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Nancy & Ruby 11/10/2021 - 9:16 Chiều

First, being in debt and controlling expenses is a must and all will agree on that.

I agree with these comments, FIRE movement is good intention but mis-guided, to build wealth and financial independence focus should be on either entrepeneurship or investing in assets that are income earning such as property leveraged with mortgages (reference concept of 'good debt' versus bad debt). Also if target age is 30s or 40s presumably negates investing in pensions with 40% tax break for higher rate tax payers.

Using an excel to track your expenses and saving and using index funds is fine but will take decades to build and will never be wealthy and maybe at some point you could live a frugal life and sure not have to work some time but that is not the first goal. Also if you have a large family all these expectations will go out the window, cannot work on a target retirement age.

The FIRE movement is unambitious and distracts from focus of doing something that you are passionate about, is fulfilling and helps you express yourself and grow as a person (and if you do what you are passionate about, you will likely be successfull and build wealth that you would have choice to retire if you felt like it).

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Jonathan Vander Hout 11/10/2021 - 9:16 Chiều

You completely misrepresented FIRE.

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ArcticE 11/10/2021 - 9:16 Chiều

What is it I want to do? I want to sit on my arse all day and do nothing, I want to go on holiday whenever I want, I want to have experiences that I don't have to plan around 4 weeks holiday that I can only take at certain times of the year. I want to not have to worry about me or my partner being unable to work for whatever reason and thus us losing an income, how could you be bored on holiday and eager to get back to work? We are well on our way to FIRE and we have several holidays a year, no cutting back on anything we want and probably earn less than you do between us.

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Okatogurui1234 11/10/2021 - 9:16 Chiều

Very well said. You make good points about not sacrificing the best years of your life, and I highly agree with that, within reason. I have the kind of personality where working full time makes me miserable, and it's a struggle for me to hold a job for more than 6 months, let alone 40 years of my life. And that's why I'm saving as much as possible, but still leaving myself enough money to be able to go out maybe once a week and spend it on something I enjoy.

My main goal is to be able to save enough to reach the point where I can get by on part-time work, or maybe full time for around half of the year (probably self-employed, since it would be quite hard to find a job that will hire you if your work history involves solely quitting within 6 months haha).

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Van Dieu 11/10/2021 - 9:16 Chiều

What a load of shit. I am not a huge fan of FIRE myself but you have totally misrepresented it.

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soClose 11/10/2021 - 9:16 Chiều

I don't know where you read that FIRE has to mean you live an unhappy crappy cheapskate life for all your young life until you retire and then sit there doing nothing. there is no FIRE rules that dictate that is the case and really I think it is not at all representative of the movement.

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Josh Dawson 11/10/2021 - 9:16 Chiều

This is not how the FIRE movement works for me. I know a few folk in it, and most just throw a % of income into Vanguard, maybe 25%, then live life normally on the rest. 75% of pay is still a good way to live, especially if you’re financially savvy.

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Rhys Powell 11/10/2021 - 9:16 Chiều

To me if i was 80 and on my death bed after being retired for 40 years i would be laughing at everyone else who had those "night outs" in their 20's and 30's.
I can go on 2 holidays a year for £2000 for 2 people. I know people who spend that on flights alone per person.
Having an expensive car that costs more than a mortgage each month is not improving anyones quality of life.
You dont need excess money to have a good quality of life. Things that are free or cheap are often the best.

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MrBlackbisounours 11/10/2021 - 9:16 Chiều

Answers at ur 3 problems: 1 – isnt it better to spend 10 years of ur life as a slave worker ans save a lot than spending all ur life as a slave consummer? 2 – spend ur time to do wharever u like, help,other ppl go back to,university and learn, isnt it far better than waking up early every morning and be under pressure and stress wiz thinking about money u need to get to live ur life and pay ur bills? 3- u dont need to,live like an homeless to succeed in ur fire goal! Just plan and optimize! Then u d become fire like many of us

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Finspin 11/10/2021 - 9:16 Chiều

I don’t know much about FIRE and I know more than this guy

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felix veja 11/10/2021 - 9:16 Chiều

This guy doesn't understand the philosophy behind fire. He misses the point entirely.

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MarkFlik 11/10/2021 - 9:16 Chiều

You use such an Evangelical and dogmatic example of someones hypothetical FIRE strategy that this video is limited in its value. Surely you don’t misunderstand the FI element so badly?? It’s about giving people the freedom of options around how they want to live their life. I’m sure you found in your research that the majority of people are on some sort of middle ground. They still live their life, go on holiday and to social events. They might just choose not to have a new car on finance or be hyper materialistic in their consumption of ‘stuff’. This allows spare cash to be invested, giving greater financial flexibility as time goes on.

A part of me thinks this video has been created to generate comments… which I do realise I am now a part of ha

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Hoof Hearted 11/10/2021 - 9:16 Chiều

Everyone seems to be a fire expert these days.

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