The FIRE Movement is One of the DUMBEST Mistakes You Can Make!
You’ve heard of FIRE right? FIRE stands for: Financial Independence, Retire Early. The basic idea of FIRE is that if you learn to live a minimalist lifestyle, while saving and investing between 60% and 80% of your income, within a decade or so, you’ll have created enough wealth to live on the interest and quit working for someone else, giving you the financial independence to do what you want, when you want. Now, in order to do this, it requires significant sacrifice. But Colin Exelby, CFP® believes the FIRE movement is one of the dumbest financial mistakes you can make. In this video, he explains why.
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[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.
I provide financial planning for business owners and their families that makes sense.
We strive to help you:
*Optimize Your Cash Flow
*Minimize Your Taxes
*Build Your Net Worth
*Create a Lasting Legacy
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Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!
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