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By now, most of you are familiar with the concept of FIRE and the various types: Lean FIRE, Barista FIRE, etc. (if you aren’t, you can read about it here). But I’ve decided that none of those definitions of FIRE really speak to me correctly. Therefore, I’m coining a new FIRE term: Bougie FIRE.
Bougie is a term that comes from the French word bourgeois, which means upper middle class. According to Urban Dictionary, it means aspiring to be a higher class than you actually are. It’s also a lot of fun to say.
Bougie is typically used to mean that someone is too good for something, like “she refuses to shop at the thrift store, she’s so bougie”. I’m taking some liberties with that definition, but hey, it’s not like it’s from Webster’s Dictionary. It’s just slang.
Bougie Fire is being financially independent while having a nest egg big enough to enjoy bougie adventures. It means that you don’t have to work anymore, but you can live. You can spend that year learning to surf in Costa Rica. You can go on SCUBA adventures to the Red Sea. You can live your life to the fullest! But because you are just bougie and not rich, you have to sacrifice material things to get there.
Bougie Fire vs Fat Fire
I know lot of you financial independence pros are thinking “there’s already a term for this; it’s called Fat Fire”. However, there are some key differences. First, it’s way more fun to say Bougie Fire than to say Fat Fire. But more importantly, Fat Fire is about being financially independent while living off 100K or more. It’s also about living well while pursuing financial independence. Generally, those who are reaching for Fat Fire have pretty high incomes and plan to maintain their standards of living. Physician on Fire wrote an awesome article on it if you are interested.
Bougie Fire, on the other hand, isn’t about the amount of money you plan on spending yearly. Bougie Fire is all about the adventures. If you spend a lot of time in a low cost of living country (like, Costa Rica for instance) you can do the Bougie Fire thing on the cheap. If your bougie adventures take you to Monaco or Switzerland, it’s going to be a lot more expensive. It’s also about sacrificing some of the finer things so that you can have the fancy adventures. Some of the Fat Fire folks enjoy their expensive dinners out, nice cars, and large homes. There’s nothing wrong with that! The Bougie Fire folks give up these things so that we can have adventures. It’s all about what you prioritize, and neither is better than the other.
How I came up with Bougie Fire
I first thought of the term Bougie Fire when writing my post about how crazy expensive it is to have adventures. It was a tough pill for me to swallow, because I really want to be frugal. But my main reason for pursuing Fire is so that I can live life to its fullest, and part of that for me is to experience all the things. So I said screw it and went for it.
Then I realized how bougie I am when it comes to having adventures. I will eat tuna and ramen for a week so that I can afford my plane tickets to Europe. I haven’t had my hair cut in over a year, I don’t get my nails done, and I rarely buy makeup. But I’ll drop a grand on getting SCUBA certified like it’s nothing! So bougie.
What are your thoughts on my new Fire term? I’d love to hear from you!
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.