The financial independence movement has spawned a ton of varieties. It’s not a one-size-fits-all crusade anymore, which is a great thing! Financial independence should be for everyone, shouldn’t it? The different flavors give everyone the opportunity to pursue financial financial independence, in one way or another.
That begs the question – with so many kinds, what type of fire is right for you? You’re in luck, because I made this awesome quiz to help you figure it out! You may even find out that you’re FI without even knowing it!
Types of Fire
But before you take the amazingly innovative (and fun!) “what type of fire are you” quiz, let’s go over the possibilities. These will be super brief, but don’t worry – if you’re really interested in any of them – well, there’s a post for that.
Fat Fire – Living the luxury life, no work but tons of cash
Lean Fire – Frugal, sustainable living on less than 40K
Traditional FI – I just want to live a normal life without having to work
All in Good Fun
Also remember – this quiz is mostly just for fun. If you answered the questions honestly, you’ll probably get an answer that works for you, but the quest for financial independence is incredibly personal. There’s always going to be nuance that quizzes just can’t capture. This is post is a fun way to get you thinking about the type of life you want, whether you’re on the path for financial freedom or haven’t even considered it yet.
Have fun with the quiz, and don’t forget to share it with your friends!
Take the Quiz:
Do you want to quit your job before traditional retirement?
How much money are you going to spend in retirement?
What about the FIRE movement is most appealing to you?
What do you like about your current job?
What are you going to do about work when you hit your FI number?
What do you hate about your current job?
Where do you imagine yourself living?
Is your healthcare covered in your FI/RE plan?
What three words are most appealing to you?
What Type of FIRE are You?
You don’t want to quit working entirely – all you want is to trade that bucket of aggressive rattlesnakes hanging around your neck for a bag of adorable kittens. Both are a ton of work, but the first is a chore, and the second a delight. Work that delights is definitely a top priority.
To learn more about passion fire, read this: https://partnersinfire.com/lifestyle/passion-fire/
Deadlines, and spreadsheets and stress – oh my! You wouldn’t mind working if it didn’t feel like walking into a hurricane every day. Hurricanes make it rain, but if you’re only looking for a little pocket money, trading the chaotic storm in for a light drizzle might be a great option.
To learn more about barista fire, read this: https://partnersinfire.com/fire101/barista-fire/
Ever wonder what it would be like to work as a deep-sea firefighter? Uneventful, judging from the number of ocean fires on the news. Kind of like what you’re doing now, isn’t it? But if it pays the bills and keeps life full of comfort, why rock the boat? Your safety net is growing, even if your list of adventure stories isn't, so hug the coast and keep on coasting.
To learn more about coast fire, read this: https://partnersinfire.com/finance/what-is-coast-fire/
It's not as bad as it sounds, watching all your friends move into bigger apartments. They can't understand how liberating it's been since you moved out from under all that debt. Admittedly no one visits you since you started sleeping in a cardboard refrigerator box, but you can't beat the location. Who needs a car when you're blocks from work, the gym where you shower, and the fuel station where you microwave your dollar burrito everyday. Just think about how many years of retirement you get to enjoy, while your friends are busy discovering the link between desk jobs and hip replacement surgeries.
To learn more about Lean Fire, read this: https://partnersinfire.com/blog/what-is-lean-fire/
There was a shipping crate on your front porch this morning. So what if every day is like that one holiday, finding boxes and bags that have your name written on them as if by magic? You can't take any of it with you, might as well go out knowing friends and relatives are salivating while they read your will. There's a little bit of joy delivered to your door everyday, and all you have to do is open it. Which you will do, just as soon as you remember... Did you order a cute tiger on a gold leash, or a golden tiger on a cute leash? Doesn’t matter, you have enough money stocked away to pay for either.
Would you take a job in hell to afford a condo in heaven? That's how it feels when you toil for every dime, and still come up short at the laundromat come Saturday. But if you grind it out for half a lifetime, you can set yourself up for second life of leisure. Waiting until you’re too old to enjoy life is a waste, but so is scrimping and saving and not enjoying anything. A nice middle ground isn’t too shabby.
To learn more about financial independence, read this: https://partnersinfire.com/blog/fire-fundamentals-basics-fire/
Melanie launched Partners in Fire in 2017 to document her quest for financial independence with a mix of finance, fun, and solving the world’s problems. She’s self educated in personal finance and passionate about fighting systematic problems that prevent others from achieving their own financial goals. She also loves travel, anthropology, gaming and her cats.