FIRE movement and Payment system: Difference between pages

Revision as of 11:16, 22 June 2016

A set of instruments, banking procedures and, typically, interbank funds transfer systems that facilitate the circulation of money.

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-Abbreviation for Financial Independence, Retire Early.
+A set of instruments, banking procedures and, typically, interbank funds transfer systems that facilitate the circulation of money.
-The idea is for individuals to save at a much greater rate than is usual by decreasing their personal expenses and investing in assets that produce passive income.
-By doing so successfully, they may be able to retire at a much younger age than most other people do.
 == See also ==
-* [[FIRE economy]]
+* [[Interbank Funds Transfer System]]
-* [[Passive income]]
-[[Category:The_business_context]]