Start Here

Starting line of a running track

Welcome to PURSUIT of FIRE. If you are new here you might be wondering what the hell I am going on about.

No, this isn't a website for pyromaniacs.

FIRE in this case stands for Financial Independence, Retire Early. Like many of you I am tired of the 9 - 5 and I don't want to wait until I am old to have the freedom to do what I want with my life.

There are many cases where people have gone against the grain and actually "retired" in their 30s. Of course very early retirement looks a lot different from retiring in your 60s.

I am sure many of you have big plans such as traveling in retirement but the reality is, sitting at a desk for 9 hours a day for 30 - 40 years is likely to do a number on your health. Chances are you won't be able to make those big road trips you had planned.

Imagine if you were able to retire just a few years from now. Think how much more energy you would have to do those things you enjoy the most. Imagine how different your life would be without the stresses of a 9 - 5 job.

This is why I am sharing with you the lessons I am learning in my pursuit of financial independence so we can learn together and retire much earlier than everyone else.

The Plan

I realised I needed a plan if I wanted to be financially independent. It doesn't just happen.

So this is my plan. It is broken down into 10 Levels (plus a bonus level). As I write more articles I will be filling out each section with links to relevant articles for you to read.

You can find out a bit more about each level in Guide to Financial Independence.

Level 1: Access your current level of finances

Level 2: Cut down on your expenses

Level 3: Start your emergency fund

Level 4: Pay off your debts and stay out of debt

  • In What Order Should I Pay off My Debts?
  • Level 5: Work out your FI number

    Level 6: Saving and Investing 1 years worth of expenses

    Level 7: Start a passion project and monetise it

    Level 8: Increase Income and Investments

    Level 9: Pay off mortgage

    Level 10: Protect your wealth

    Bonus Level 11: Pass on your wealth