Live Within Your Means

A large part of the FIRE movement and smart finances in general is living within your means. What this means is to simply spend less money than you make. Even though this rule is simple, there are people with relatively high incomes who are still living paycheck to paycheck. this is due to unnecessary luxuries that cost more than they are worth. By cutting costs, people could still live with relatively the same comfort, but also have more financial freedom.