If you have not yet read Part 1: Extreme Frugality, available free to all readers, please click here to read it first.

What if it were possible to uncouple from the ‘rat race’ and thereby regain a big portion of your time to use as you please?

I assume everyone would find that desirable.  Time would open up for one to volunteer, travel, get in shape, meditate, sleep or do whatever you desire.

There’s a well-established movement underway the goes by the acronym FIRE, which stands for Financial Independence Retire Early.  It’s not for everybody, and has a ton of pros and cons, and I’m not advocating that anybody blindly adopt FIRE as their framework, although some of you may already pursue it and that’s fine.

I am saying that the movement has put a lot of thoughtful time into managing the income and expense parts of life and it has a lot of very practical advice to follow if one wishes.

My role is to set the stage. I’ve spent a huge amount of time reading blogs, finding resources, and condensing the learnings to save you time.

And what I’ve learned is…