Home » My Path to Financial Independence (FIRE) Millionaire by 33 (Step-by-Step) financial independence

My Path to Financial Independence (FIRE) Millionaire by 33 (Step-by-Step) financial independence

by Langsongshipin123



I have a plan to become financially independent and achieve FIRE with $1 million in the next 7 years. In this video I show you how you can follow that plan to become a millionaire yourself.

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People always ask why I save so much of my money. Why not enjoy it? My answer to that question is I have a plan to use my money to give myself the freedom to never have to work again. This is part of the FIRE movement, or Financial Independence Retire Early. By saving a large percentage of your income in a smart way, and investing that money, you can live off those investments without needing to work a 9-5 job.

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In order to reach that stage, there are certain steps you can take to optimize the speed that you can reach your FIRE number. This video focuses on laying out how even those who are not interested in retiring early can become millionaires by following those steps.

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Link to the Budget / Net Worth Tracker I used in the video:

I am not a financial or investment advisor. Everything in this video is for entertainment purposes only. Links above include affiliate commission or referrals, and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future. .

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13 comments

Fin Tek 12/09/2021 - 6:33 AM

Here is a copy of the spreadsheet I used during the video: https://finteksolutions.wordpress.com/budget-net-worth/

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JJason406 12/09/2021 - 6:33 AM

I deliver heating oil in the winter. I can make like 40k in 4 months. This is a good option if you only have low 6 figures in a 401k. Let your 401k grow, work in the winter doing heating oil save all the money and live in Thailand or maybe the Philippines the rest of the year.

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Inea - FI Journey 12/09/2021 - 6:33 AM

🔥🔥🔥🔥

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Vihaan Vanya diaries 12/09/2021 - 6:33 AM

Thats Great… Your all videos are amazing… Keep uploading and boosting…. Good luck..

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Phillip Hardy 12/09/2021 - 6:33 AM

Thanks for all the vids. Would I? Definitely. Most people think retiring is just sitting around. It can be much more.

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The One 12/09/2021 - 6:33 AM

$900 for HOA!!!?

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The One 12/09/2021 - 6:33 AM

1744 into your Roth 401k is over 20k…..

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Jeannette V 12/09/2021 - 6:33 AM

Love these FI videos! Keep posting them!! ✅

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Ramzi B. 12/09/2021 - 6:33 AM

I find this very amusing, since I do the same thing (but we are at different stages and you are well ahead of me when I was your age). I have kept a similar spreadsheet for 21 years. Mine have an additional "cash flow" column (uninvested savings…etc) and I group all debt under a (Liabilities) column. My second note is that my path to a millionaire was not linear… more like a steady incline interrupted by a sudden rise (=great market opportunities). My third note is that retirement at the first million is a pipe dream (like you allude). If you're ambitious, the first million won't do it for you. You start thinking of your legacy,, impact…etc. There are greater things to achieve after INDEPENDENCE… but you will certainly start to worry less about your financial capabilities. Stay the course…you will be there much sooner than you think! 🙂

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Matt Welter 12/09/2021 - 6:33 AM

Let's get it!! These steps are definitely crucial, especially when it comes to budgeting and maxing out tax-advantaged accounts, on a path toward financial independence.

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FLF 12/09/2021 - 6:33 AM

Good stuff–great content!

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Vic Gill 12/09/2021 - 6:33 AM

It’s going to be awesome to follow you on this journey. I have different goals but could still learn and benefit. Please don’t stop all of a sudden like many financial YouTubers

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HighTechTalks 12/09/2021 - 6:33 AM

This is great stuff bro! I’ll definitely be subscribing to catch more videos from you💯

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