My first step to pursuing financial independence in Indonesia is setting up a goal using the 4% Rule. To calculate the safely amount according to 4% rule, I have to know my monthly expenses. The average monthly net salary (after tax) in Indonesia is about IDR 5 million (~350$). It’s a very low amount comparing…
One source of income that can be expected when we take the FIRE (Financial Independence Retirement Early) pathway is to invest on dividend stocks. We can expect 2 benefits from stock investment : Dividend. A sum of money paid regularly by a company to its shareholders out of its profits (or reserves) Capital Gain. The…
Since the beginning of 2019, I am very interested in various articles about FIRE (Financial Independence Retirement Early). I stumbled on this term when reading an article on CNBC Make It! about someone who plans to retire early at age 37. This article led me to look for more article about the concept of early…