In this particular FI/RE strategy you will usually find people pursuing financial independence with large sums of money. In many cases, these individuals are high earners that have a significant Net Worth with full intentions of living a luxurious lifestyle. Frugality is not a word in their vocabulary.

Nowadays there’s new classifications of FI/RE and each one offers different goals, but the same principles. For those unaware, the FIRE (Financial Independence Retire Early) Movement started making news in 2014, although its been around for years. It just didn’t have a fancy name. Increasing one’s savings while decreasing one’s expenses isn’t a hard concept to understand, however in practice this concept can be a challenge.

Complacency robs us from experiencing new things, seeing new places, learning new tasks, but it provides comfort. Complacency is similar to buying a 5,000 square foot house with everything you could imagine with zero intentions of ever having to leave it.