If you are into the FIRE movement and are looking for ways to save money, chances are that you have thought about growing your own food at home.
In this article, we will talk about the FIRE movement and how starting your vegetable garden can get you closer to your early retirement dream.
What is the FIRE movement?
The term FIRE refers to Financial Independence, Retire Early, and it is a lifestyle movement with the goal of retiring early by gaining financial independence. It has particularly gained popularity among millennials in the 2010s but the term has been around for about 30 years. The origins of this acronym are unknown but many of its concepts were mentioned in the 1992 best-selling book ‘Your money or your life’ by Vicki Robin and Joe Dominguez.
During their working years, FIRE investors invest as much of their income as possible. Their aim is to attain financial independence and live off their investments so they can enjoy an independent lifestyle without the need for income from a traditional job.
Not all FIRE followers follow the same rules to reach this goal, there is a diverse range of FIRE investors each with their own rules and ways to reach financial independence.
How does backyard gardening relate to the FIRE movement?
One of the key concepts in FIRE is to increase your investments, and this can be done by either earning more money or, spending less of your income.
Growing your own food is not only good for your mental health but it can also save you lots of money on groceries. With careful planning and a bit of consistency, you will soon be benefiting from beautiful crops.
You don’t need to buy fancy things in order to start your garden, by re-using what is already in your home you can create your own innovative garden. Old boots and rain gutters can be perfect as plant containers.
Also, if you are thinking about reducing the amount of rubbish that goes to the landfill, you could start your own compost bin. By having a compost bin, you will transform garden scraps into beautiful and nutrient-rich soil for your plants. If you are unsure how to start this, read this article.
Another way of reducing waste is by re-growing food scraps. Some fruits and vegetables can be regrown from kitchen scraps, by doing this you won’t need to spend money on seeds or seedlings when starting your garden.
How can I start my vegetable garden?
Starting your own vegetable garden at home is not difficult. It just needs a little bit of planning beforehand. Some things you should consider before getting your hands dirty are finding a good place and choosing what to plant, considering your household preferences and plant needs such as light requirements and type of soil.
If you would like to know more about how to start your own home garden, read this article.
If you are into the FIRE movement, growing your own food at home or at least, part of it is not only healthy for you body and mind but it should also help you achieve your goals of financial independence sooner.
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