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Podcast: The Jesse Mecham Show
Episode: Sowing the Seeds of FI
Description: "FI" is an acronym that has steadily grown in popularity over the last decade, though the concept is much older than that. It stands for financial independence -- some people call it early retirement (the longer acronym FIRE stands for financial independence, retire early) -- but the idea is simple. Live below your means, drastically increase your savings rate and accumulate enough wealth to "retire" or perhaps better said, until you can do what you want to do. Â Time and savings rate are the key components of financial independence. What if you could save half o...