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How does your dream life look like when you achieved FIRE: Financial Independence, Retire Early? Close your eyes and imagine for a moment…Your dream island, lying on a beach chair while enjoying the sunset; travelling the world, worry-free of financial strain, everyday is Saturday, no schedule, you can do whatever you want anytime you want…Now, open your eyes and wake up. Write them down. Writing down everything you desire is very powerful. Statistically, about 80% of people that writes down their goals succeed especially  if you can meditate on them everyday. 


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Everyday is Amazing!

At age 37, if it weren’t for hard work, persistence, investment and saving strategies, I wouldn’t be where I am today — living life on my own terms! I’m my own boss. I can focus on doing things that I’m passionate about and live life filled with joy, purpose and freedom!

Shift your mindset

This is the main trick! You need to be open on the Retire Hacks or ideas and figure out how you can specifically apply them in your life. In a world of consumerism, you need to start buying just what you NEED. This is considered as having a “frugal mindset”. This is not easy for most people, but it’s fairly doable. It’s easier to save money on your expenses than trying to get another job or side hustle but if you can do both, your financial independence journey will happen in no time.

Start Today


Once you got the right mindset, it’s time to put together an ACTION PLAN. Start today by learning the basics of frugality like simple life hacks  where you could come up with little savings that add up. Everyone knows how  to loose weight, exercise, eat healthy, good amount of sleep etc. The question is not how to do it but the “will and belief” to do it is normally the problem. You and I know what to do, but don’t do it. Knowing without action is simply dreaming. Just do it.


Know the 50-30-20 Rule

This rule is popular among financial planners. Think of 3 big buckets where you will put your income: 50% on necessities, 30% on desires and 20% on savings. The main concept is knowing where to spend your earnings. This 50-30-20 Rule can be adjusted based on your preference. If you’re new with budgeting, this number proportion is a good beginning point.  Don’t spend more than you make. It’s vital to get hold of your spending and work towards the opposite of the spectrum. You should work towards saving from 20- 90% of your income. The faster you get to saving and investing 90% of our income, the faster you get to financial freedom and retiring young.


Increase your income with side hustle

Increase your income, do side hustle! Obviously, you won’t have anything to save if your income is just enough to buy your essential needs. There are many ways to get extra income even if you’re already working full time. There’s quite a bit of side hustles out there and some don’t even require specialize talents or skills such as dog walking, caregiving, nannying, uber or lyft, house sitting etc. Click here for side hustle ideas.


Start Investing

This is earning money with minimal involvement. When you have the right amount of savings, you can invest and have a passive income. Earning money while you’re asleep…. Sounds great, right?! Here, the money you’ll invest will do the work for you. You can start with mutual or index funds, stocks or options, real estate, small business etc. But which one? 

For most FIRE pioneers, they choose index funds by Vanguard. Long horizons and low fees are two of an investor’s best friends. Sure, everyone wants to get rich quick, but the best route for most of us is to diversify our holdings, control costs and be patient – which is exactly why index funds are becoming more popular by the year. In 2007, legendary investor Warren Buffett made a $1 million bet against Protégé Partners that hedge funds wouldn’t outperform an S&P index fund, and he won.


Resist FOMO(fear of missing out)

FOMO is a term used for herd mentality. This “fear of missing out” pertains to the pressure you feel that pushes you to acquire material things just because a certain group of people (oftentimes, your age group) is doing so – like buying a house, the latest gadget, a new car, etc. Don’t feel obligated to do what most people are doing. Instead, focus on the “math” and not on the emotional pull. You won’t die if you don’t own all the trendiest and nicest stuff such as newest i-phone, or newest car or newest restaurant or see a popular band in town.         


Keep a simple life

Keep a simple life even if your income increases. The temptation is high when you and I get blinded when we get higher earnings — this leads us to automatically upgrading our lifestyle commonly known as lifestyle inflation. But when you’re focused on achieving your financial goals and you really want to retire young, an INCREASED INCOME should mean INCREASED SAVINGS, not expenses.


Our life is made up of our decisions and actions…

Being rich is having money, being wealthy is having time.

Financial freedom is about having choices.

Financial freedom is freedom from fear.

Money brings happiness but more importantly, freedom.

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