10% off the top is the minimum you should be saving. Live off the other 90%.
I firmly believe everyone can start at this level.
Trey
tshodl@nostrplebs.com
npub1m6y9...e2p9
VP, Sales, Unchained | Advisor to Cantilever | FIRE 🤝 Bitcoin | Banker turned bitcoiner: previously Truist, MetLife, Goldman Sachs, Deloitte
Helping bitcoiners achieve financial independence and FIRE practitioners understand bitcoin at firebtc.substack.com
Elizabeth Warren blames a plane crash on gravity.
Bitcoin competes primarily with Treasuries, gold, and the S&P 500.
Only one of these has a perfectly fixed supply and the ability to directly control at any scale.
Bitcoin stands alone.
It's a funny thing to watch your net worth go up in dollars but down in BTC.
"The FIRE movement is about taking a fresh perspective and being intentional in crafting that plan for yourself to accelerate the timeline of reaching financial independence, thereby freeing yourself from being dependent on a paycheck. Recognizing this future as an achievable possibility opens the mind to understanding how to make it happen."
🛠️ FIRE Fundamentals
Issue #2 - The building blocks for financial independence
It's bear hunting season again
When bitcoin hits $1m within the next 5 years or so, some prominent FIRE influencers will tell you it's tulip mania and beanie babies....again.
But you will know better because you have done the work.
I would recommend being aggressive if you're just getting started with FIRE.
Saving and stacking as much as possible in the first year sets the tone and gets the compounding effect working for you faster.
Then you can let off the gas a bit if you'd like.
Do you think we'll get a 50 year mortgage or will they skip straight to 100 year?
Either way I'm looking forward to it.
We were here when Mr. Money Mustache wrote "Why Bitcoin is Stupid".
Bitcoin is now 5x more valuable and I reached FIRE in 5 years with it as my primary savings vehicle.
MMM was right for the wrong reasons👇
Why Bitcoin is Stupid
Issue #1
The world hasn't priced in millions of wealthy bitcoiners.
Great people with growing influence.
Show me the incentives and I'll show you the outcome.
What happens when an unstoppable force meets an immovable object?
We're about to find out.
The Unchained IRA is bitcoin only.
This week's issue of FIRE BTC explains the secret sauce of a FIRE approach: the power of compounding returns.
I hope you'll check it out!
📈 The Power of Compounding
FIRE BTC Issue #3 - The secret weapon behind FIRE
If the boomers were smart, they would take a mortgage on their paid off house to buy 5+ BTC and set up the next 10+ generations of their family line.
There has never been a better time than right now to start adding bitcoin into your FIRE plan.
I believe we are on the cusp of a multi-year, explosive bull market that has the potential to drastically shorten your time to financial independence.
Learn and take advantage!
The cheat code to Financial Independence Retire Early?
Bitcoin.
Each morning, or at least weekly, track your savings portfolio value, money out the door for expenses, and your progress to FI.
We move what we measure.
The Great Reset will be nominal.
Few.
Feeling pretty good about this call right about now.....
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