Consumers are always looking for options to help them find financial freedom. One movement that has gained popularity in recent years is the FIRE Movement (Financial Independence Retire Early), but there are many others that also provide a variety of benefits.
The How to FIRE blog is one of the premiere blogs out there in regards to sharing methods and resources that can help consumers to live out the FIRE lifestyle and enjoy their lives as they wish. Throughout the COVID-19 pandemic, they’ve been working to provide consumers with helpful resources that can assist them with frugal living in this challenging economic landscape.
In one of their most recent blogs, co-founder Samantha Hawrylack shared her thoughts and insight regarding how the Dave Ramsey Baby Steps can be a gateway option for those who are looking at financial independence in their future. Ramsey is a well-known financial advisor who has helped millions of consumers to get out of debt since he started his ministry and radio show, both of which bear his name.
Hawrylack shares her experience transitioning from Baby Steps to FIRE, saying that “The Dave Ramsey Baby Steps provide a basic financial foundation that helps people get control of their finances in a variety of aspects. They were actually the first things we worked on as a couple in our finances. But, we quickly realized that there were many ways that they could be optimized and improved upon. This lead us to even more research and we stumbled upon FIRE.”
The article concludes with practical options that can help Baby Steps followers to start the journey toward the FIRE lifestyle, and how the two philosophies go hand-in-hand.
How to FIRE is a personal finance blog started by John and Samantha Hawrylack. Both have personal finance backgrounds and, collectively, paid off over $60,000 in debt in order to find their financial freedom. Now, the couple shares their insights and tips so that others who are looking to FIRE (Financial Independence Retire Early) can follow in their footsteps.
More info about the Hawrylacks and the How to FIRE blog can be found at their website, https://www.howtofire.com/.