Summary of Playing with FIRE (Financial Independence Retire Early) – [Review Keypoints and Take-aways]


Book Description

The summary of Playing with FIRE (Financial Independence Retire Early) – How Far Would You Go for Financial Freedom? presented here include a short review of the book at the start followed by quick overview of main points and a list of important take-aways at the end of the summary. The Summary of Playing with FIRE is a documentary that explores the Financial Independence, Retire Early (FIRE) movement, which is currently gaining popularity. It provides a detailed account of the author's own life-changing journey as well as examples of diverse FIRE devotees, and it reveals ways in which you can change your spending and investing habits in order to pursue your passions and live a more meaningful life. Playing with FIRE (Financial Independence Retire Early) summary includes the key points and important takeaways from the book Playing with FIRE (Financial Independence Retire Early) by Scott Rieckens. Disclaimer: 1. This summary is meant to preview and not to substitute the original book. 2. We recommend, for in-depth study purchase the excellent original book. 3. In this summary key points are rewritten and recreated and no part/text is directly taken or copied from original book. 4. If original author/publisher wants us to remove this summary, please contact us at [email protected].




Summary of Playing with FIRE (Financial Independence Retire Early)


Book Description

NOTE: This is a summary guide and is meant as a companion to, not a replacement for, the original book.ABOUT BOOK:Playing wіth FIRE (2019) tаkеѕ a look at the growing mоvеmеnt knоwn аѕ FIRE, оr Fіnаnсіаl Indереndеnсе, Retire Eаrlу. Wіth a dеtаіlеd account of the аuthоr''ѕ оwn life-changing jоurnеу аnd examples of diverse FIRE devotees, іt rеvеаlѕ wауѕ іn which уоu can change уоur ѕреndіng and investing hаbіtѕ tо pursue your раѕѕіоnѕ аnd live a more meaningful lіfе. ABOUT THЕ AUTHОR; Sсоtt Rіесkеnѕ іѕ an Emmу-nоmіnаtеd рrоduсеr, аuthоr, аnd entrepreneur. Bеfоrе рurѕuіng FIRE, he produced fіlmѕ аnd vіdеоѕ for the lіkеѕ оf WIRED, Fасеbооk, and NBC. Hе recently соmрlеtеd a dосumеntаrу аbоut hіѕ experience in thе FIRE mоvеmеnt саllеd Playing with FIRE. INTRODUCTION.Jоіn thе path to early rеtіrеmеnt and lіvіng a mоrе mеаnіngful lіfе.Lіkе many Americans today, еvеr ѕіnсе grаduаtіng frоm соllеgе, Sсоtt Rіесkеnѕ hаd bееn оvеrwоrkіng hіmѕеlf in order tо аffоrd a luxurіоuѕ lіfеѕtуlе hе thоught hе needed. Then, driving tо work оnе day, hе hеаrd a роdсаѕt іntеrvіеw with fіnаnсіаl guru Mr. Mоnеу Mоuѕtасhе аbоut thе FIRE mоvеmеnt. This сhаngеd Rіесkеnѕ'' life. FIRE, оr Fіnаnсіаl Indереndеnсе, Rеtіrе Eаrlу, іѕ a community dеvоtеd to combining aggressive ѕаvіngѕ аnd lоw-соѕt іnvеѕtmеntѕ to buу bасk thеіr most рrесіоuѕ rеѕоurсе-- tіmе. Wіthіn fіvе mоnthѕ, Rieckens had lеft hіѕ job, сut hіѕ fаmіlу''ѕ еxреnѕеѕ іn hаlf and set оut tо mаkе a documentary аbоut thе jоurnеу. Twо years lаtеr, he іѕ just nine years frоm retiring, thе documentary Plауіng wіth Fіrе is fіnіѕhеd, аnd he hаѕ wrіttеn a book in thе рrосеѕѕ. Thеѕе summary rеvеаl hасkѕ for mаkіng thе mоѕt оf уоur fіnаnсеѕ so уоu саn fосuѕ on whаt уоu rеаllу саrе about. Aѕ wе''ll see, FIRE соnvеrtѕ have uѕеd their nеwfоund financial independence tо dо mаnу thіngѕ, іnсludіng rеtіrіng еаrlу, mаkіng flexible career choices, pursuing раѕѕіоn рrоjесtѕ and ѕіmрlіfуіng thеіr lives. And bеѕt оf аll, thе FIRE lifestyle іѕn''t only fоr wеаlthу реорlе аnd doesn''t even dеmаnd еxtrеmе dеvоtіоn; іt''ѕ fоr аnуоnе whо wаntѕ to live a mоrе іntеntіоnаl life. In thеѕе summary уоu''ll find out *The орtіmаl рrісе tо рау for a car; *Whу іnvеѕtіng all your ѕаvіngѕ in The ѕtосk mаrkеt іѕn''t аѕ dаngеrоuѕ аѕ іt sounds; and *Why FIRE doesn''t hаvе tо mean сuttіng out your Christmas ѕhорріng.




Summary


Book Description

Playing With FIRE - How Far Would You Go for Financial Freedom? by Scott Rieckens. While stuck in traffic one sunny morning, Scott Rieckens discovered a podcast that would change his life forever. Its compelling words spoke to him at the right time in his life. Scott was ready for a change. He had been searching for the million-dollar idea that would help him get more out of life. The podcast was about reaching financial independence at a young age. It spoke to questioning the status quo, putting happiness ahead of everything else by setting a real-life goal and, most importantly, reaching it. Scott Rieckens was hooked. He knew he had discovered his million-dollar idea. FIRE was the conduit by which he would build a new life-a life of freedom from the 9-to-5, freedom from financial stress, and with a clear goal in sight. Are you ready to discover your own path toward true happiness? Why read this summary: Save time Understand the key concepts Notice: This is a PLAYING WITH FIRE Book Summary. NOT THE ORIGINAL BOOK.




Playing with FIRE (Financial Independence Retire Early)


Book Description

What if a happier life was only a few simple choices away? A successful entrepreneur living in Southern California, Scott Rieckens had built a “dream life”: a happy marriage, a two-year-old daughter, a membership to a boat club, and a BMW in the driveway. But underneath the surface, Scott was creatively stifled, depressed, and overworked trying to help pay for his family’s beach-town lifestyle. Then one day, Scott listened to a podcast interview that changed everything. Five months later, he had quit his job, convinced his family to leave their home, and cut their expenses in half. Follow Scott and his family as they devote everything to FIRE (financial independence retire early), a subculture obsessed with maximizing wealth and happiness. Filled with inspiring case studies and powerful advice, Playing with FIRE is one family’s journey to acquire the one thing that money can’t buy: a simpler — and happier — life. Based on the documentary




Quit Like a Millionaire


Book Description

From two leaders of the FIRE (Financial Independence, Retire Early) movement, a bold, contrarian guide to retiring at any age, with a reproducible formula to financial independence A bull***t-free guide to growing your wealth, retiring early, and living life on your own terms Kristy Shen retired with a million dollars at the age of thirty-one, and she did it without hitting a home run on the stock market, starting the next Snapchat in her garage, or investing in hot real estate. Learn how to cut down on spending without decreasing your quality of life, build a million-dollar portfolio, fortify your investments to survive bear markets and black-swan events, and use the 4 percent rule and the Yield Shield--so you can quit the rat race forever. Not everyone can become an entrepreneur or a real estate baron; the rest of us need Shen's mathematically proven approach to retire decades before sixty-five.




Die with Zero


Book Description

"A ... new philosophy and ... guide to getting the most out of your money--and out of life--for those who value memorable experiences as much as their earnings"--




Fire


Book Description

What is financial independence? Is it having enough money to live a normal life or is it having so much money that you just don't care about expenses? Everyone wants to be independent but as you've likely experienced, getting there is not as simple as it looks. There are a variety of pitfalls along the way and a single mistake can set you back years. Fortunately, there is a blueprint or method for you to follow. It's quite simple. It's called FIRE and virtually guarantees financial independence. By following these rules, you can wave goodbye to that tired old desk job you've chained yourself to. Some of the things you'll learn about FIRE is: What assets really are - and why you've been thinking about them all wrong! The crucial difference between debt and leverage. How to travel for next to nothing - And what you need to do before that. Needs and wants- Do you know the difference? The ideal way to invest in the stock market. Drawdowns -How and when to do them. How much do you really need to be financially independent? and so much more! Financial independence is not a pipe dream! It is a question of following a certain path, intelligently and with persistence. It might not be easy but nothing worth doing ever is. So if you want to learn how to retire early, then scroll up and click the "Add to Cart" button now!




The Millionaire Fastlane


Book Description

10TH ANNIVERSARY EDITION Is the financial plan of mediocrity -- a dream-stealing, soul-sucking dogma known as "The Slowlane" your plan for creating wealth? You know how it goes; it sounds a lil something like this: "Go to school, get a good job, save 10% of your paycheck, buy a used car, cancel the movie channels, quit drinking expensive Starbucks mocha lattes, save and penny-pinch your life away, trust your life-savings to the stock market, and one day, when you are oh, say, 65 years old, you can retire rich." The mainstream financial gurus have sold you blindly down the river to a great financial gamble: You've been hoodwinked to believe that wealth can be created by recklessly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. This impotent financial gamble dubiously promises wealth in a wheelchair -- sacrifice your adult life for a financial plan that reaps dividends in the twilight of life. Accept the Slowlane as your blueprint for wealth and your financial future will blow carelessly asunder on a sailboat of HOPE: HOPE you can find a job and keep it, HOPE the stock market doesn't tank, HOPE the economy rebounds, HOPE, HOPE, and HOPE. Do you really want HOPE to be the centerpiece for your family's financial plan? Drive the Slowlane road and you will find your life deteriorate into a miserable exhibition about what you cannot do, versus what you can. For those who don't want a lifetime subscription to "settle-for-less" and a slight chance of elderly riches, there is an alternative; an expressway to extraordinary wealth that can burn a trail to financial independence faster than any road out there. Why jobs, 401(k)s, mutual funds, and 40-years of mindless frugality will never make you rich young. Why most entrepreneurs fail and how to immediately put the odds in your favor. The real law of wealth: Leverage this and wealth has no choice but to be magnetized to you. The leading cause of poorness: Change this and you change everything. How the rich really get rich - and no, it has nothing to do with a paycheck or a 401K match. Why the guru's grand deity - compound interest - is an impotent wealth accelerator. Why the guru myth of "do what you love" will most likely keep you poor, not rich. And 250+ more poverty busting distinctions... Demand the Fastlane, an alternative road-to-wealth; one that actually ignites dreams and creates millionaires young, not old. Change lanes and find your explosive wealth accelerator. Hit the Fastlane, crack the code to wealth, and find out how to live rich for a lifetime.




The Path To - F.I.R.E (Financial Independence & Retire Early)


Book Description

Discovering the FIRE Movement: A Path to Financial Independence Are you ready to unlock the secrets of financial independence with the FIRE (Financial Independence, Retire Early) movement? This guide offers a comprehensive overview of the principles and practices that can lead you toward an early and fulfilling retirement. From understanding the history of the movement to setting your financial goals, budgeting wisely, and investing smartly, each chapter equips you with essential tools to take control of your finances. Key themes include: Setting short-term and long-term financial goals Establishing a solid budgeting framework Creating emergency funds and managing debt Exploring investment options and retirement accounts Building passive income streams for lasting wealth This practical and motivational book serves as your blueprint for designing a lifestyle aligned with your values and aspirations. Take charge of your financial future today!




Berkshire Beyond Buffett


Book Description

Berkshire Hathaway, the $300 billion conglomerate that Warren Buffett built, is among the worldÕs largest and most famous corporations. Yet, for all its power and celebrity, few people understand Berkshire, and many assume it cannot survive without Buffett. This book proves that assumption wrong. In a comprehensive portrait of the distinct corporate culture that unites and sustains BerkshireÕs fifty direct subsidiaries, Lawrence A. Cunningham unearths the traits that assure the conglomerateÕs perpetual prosperity. Riveting stories recount each subsidiaryÕs origins, triumphs, and journey to Berkshire and reveal the strategies managers use to generate economic value from intangible values, such as thrift, integrity, entrepreneurship, autonomy, and a sense of permanence. Rich with lessons for those wishing to profit from the Berkshire model, this engaging book is a valuable read for entrepreneurs, business owners, managers, and investors, and it makes an important resource for scholars of corporate stewardship. General readers will enjoy learning how an iconoclastic businessman transformed a struggling shirt company into a corporate fortress destined to be his lasting legacy.