Minimalism, FIRE and tiny apartments!

I have been bite by the FIRE bug few months ago. What is FIRE you ask? Its Financial Independence Retire Early movement – wherein folks in early 20s and 30s work their ass off, save more than 50% of their post-tax income -all with the aim to retire in 10 to 15 years. In order to decide your FIRE number i.e. the saving cushion that is required to retire, you may follow these simple steps. Take your expected annual expenses at retirment. Then multiply the same by 25. Voila! That’s your retirement FIRE number! Now you go really crazy on your savings and live below your means to attain that FIRE number. Invest your savings in index funds or actively managed funds which will give you returns above annual inflation rates. If you are interested to know how much would you need to save in order to retire in x no of years, check out this beautiful post of Mr. Money Mustache. It has been 6 months post my MBA since I have started earning again. I have started taking bab...