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12 Best Books For FIRE (Financial Independence Retire Early)

FIRE (Financial Independence Retire Early) – the concept, much as its element name-alike, is catching air. In recent years, awareness and resources around this phenomenon have leaped. But while you might have read numerous finance books, today, Secvolt- your route to FIRE, brings you a list of the best books on financial independence.

Concept of F.I.R.E (Financial Independence Retire Early)

Before we jump on the books directly, we must brush up on FIRE. Now, early retirement is not a new concept but achieving financial independence, and being able to cover your expenses with passive income, is what constitutes FIRE. People hold different notions about FIRE.


Read FIRE-related books to better understand the concept of Financial Independence Retire Early

But ultimately, the journey to FIRE changes how you perceive things from a financial and lifestyle perspective. And what better way to understand the concept than in the words of experts & practitioners? Thus, if you’re interested in learning about & pursuing FIRE, the list of best books on financial independence is an incredible place to start.  Without any further ado, let us begin with the books that will take you down the FIRE road:

Book #1 “Your Money or Your Life” by Vicki Robin and Joe Dominguez

 

Book Cover – “Your Money or Your Life” by Vicki Robin and Joe Dominguez

Writers succeed at changing how you think about money, budgeting, decluttering your life, and much more. The chapters that stand out are the mindset ones, the four pillars of financial independence, frugality, and the ‘real hourly wage calculator.’ It is one of the books that started the FIRE movement; an updated version came out in 2018. It covers recent trends such as the gig economy, online tools like Mint, and passive index fund investing.

Book #2 “Quit Like a Millionaire Next Door” by Kristy Shen and Bryce Leung

 

FIRE Book No 2 - Quit Like a Millionaire Next Door by Kristy Shen and Bryce Leung

Book Cover – Quit Like a Millionaire Next Door by Kristy Shen and Bryce Leung

Blend motivation, exquisite detail, simple language, beautiful storytelling, ground-level tactics, and a balance between charts, graphs & illustrations. What do we get? This amazing book! Writers living the ideal FIRE life have put down everything they’ve learned here. And this is what makes it one of the best books on financial independence.

Book #3 “Playing with FIRE” by Scott Rieckens

 

FIRE Book No 3 - Playing with FIRE by Scott Rieckens

Book Cover- Playing with FIRE by Scott Rieckens

Inclined towards the story side and less focused on the techniques, this book offers a different perspective on the journey to financial independence. It tells you what it feels like to change your finances and start prioritizing happiness in your life, and we believe that is why it is above some of the best books on personal finance. If you’re looking to convince a friend to be on board with the FIRE movement, then this is where you start.

Book #4 “The Simple Path to Wealth” by JL Collins

 

FIRE Book No 4 - The Simple Path to Wealth by JL Collins

Book Cover – The Simple Path to Wealth by JL Collins

This book is a series of blog posts JL wrote on his website about stock investing, intended for his college-bound daughter. He focuses on investing, then covers a broad range of fundamentals- how to make the most of tax-advantaged accounts, safe withdrawal rates, average stock market return, investment during different phases of the financial market, and preserving your hard-earned wealth. Doing justice to its name is the SIMPLE path to wealth. What makes it exceptionally popular and one of the best books on financial independence is its simple and easy-to-follow steps & processes.

Book #5 “Financial Freedom” by Grant Sabatier

 

FIRE Book No 5 - Financial Freedom by Grant Sabatier

Book Cover – Financial Freedom by Grant Sabatier

Sabatier covers basics like investing in stocks and real estate. He also tackles more mindset-oriented topics like how to change your relationship with money and how to maximize your happiness per dollar. One of the best books on financial independence, ‘financial freedom’ is a step-by-step guide in 14 chapters to help you make more money in less time and create more freedom in your life.

Book #6 “The 4-hour workweek” by Tim Ferriss

 

FIRE Book No 6 - Four Hour work week by Tim Ferriss

Book Cover – Four Hour work week by Tim Ferriss

Yet another book that changes how you think about money, your career, and the value of your time. Parts of the book focus on automating your business and building a passive income lifestyle business. With entrepreneurship and side hustle at the core, Ferriss’s masterpiece has originated concepts like geo arbitrage, lifestyle design, mini-retirement, and more.

As we move forward with our list, the books to come are the books that focus on one or two elements at large. At the same time, these books double as the best books on personal finance. Like, some teach you FIRE with real estate, in particular. Others include index funds or entrepreneurship. There are other elements as well, of course. But if you want to gain an in-depth knowledge of FIRE in a particular field, then you know which hardcovers to pick.

Book #7 “I will teach you to be rich” by Ramit Sethi

 

FIRE Book No 7 - “I will teach you to be rich” by Ramit Sethi

Book Cover – “I will teach you to be rich” by Ramit Sethi

With the best of the best books on financial independence, Sethi makes a strong case for simplified financial writing. If you want to learn how to build a successful business without falling into the common trap of overspending and lifestyle inflation, you now know what makes the perfect read.

Book #8 “Retire Early with Real Estate” by Chad Carson

 

FIRE Book No 8 - “Retire Early with Real Estate” by Chad Carson

Book Cover – “Retire Early with Real Estate” by Chad Carson

If you love real estate and want to pursue it as your primary vehicle for FIRE, then say no more. If you’ve read the best books on personal finance, close your eyes and buy this one! Chad has written everything about how to reach financial independence with real estate investments, especially rental properties.

Book #9 “Set for Life” by Scott Trench

 

FIRE Book No 9 - “Set for Life” by Scott Trench

Book Cover – “Set for Life” by Scott Trench

With a primary focus on house hacking and real estate, Scott lays out a step-by-step plan for anyone to smartly use real estate. The book mainly aims toward people who are single and in their 20s or early 30s. The creative approach that the writer has toward money makes this one of the best books on financial independence out there.

Book #10 “The Boglehead’s Guide to Investing” by Taylor Larimore, Mel Lindauer, and Michael Leboeuf

 

FIRE Book No 10 - “The Boglehead’s Guide to Investing” by Taylor Larimore, Mel Lindauer, and Michael Leboeuf

Book Cover – “The Boglehead’s Guide to Investing” by Taylor Larimore, Mel Lindauer, and Michael Leboeuf

Talk about the best books on financial independence, and we would not include one of the best books on investing. Possible? Not at all.

Want tax-efficient recommendations, want to make the most of your money? Here is the answer.

Focused on index fund investing, this guide gives you a comprehensive behind-the-scenes look at how and why investing in index funds works. It also provides you with the steps on how to do it. Additionally, it teaches how to build and manage your own two or three funds investing portfolio without needing a financial advisor.

Last but certainly not least, we have two bonus reads for you. As we all know that it is all about the MINDSET, any list of the best books on financial independence would be incomplete without the masterpieces that aim at changing your mental wiring around money.

Book #11 “Rich Dad Poor Dad” by Robert Kiyosaki

 

FIRE Book No 11 - “Rich Dad Poor Dad” by Robert Kiyosaki

Book Cover – “Rich Dad Poor Dad” by Robert Kiyosaki

Questioning the conditioning and not challenging what we’ve learned so far, Kiyosaki makes a strong case for why FIRE is about making the money work for you. On your road to financial independence, you might need the jargon, but above all, you will need the mindset, and that’s where this book comes in!

Book #12 “The Art of Living” by Thich Nhat Hanh

 

FIRE Book No 12 - “The Art of Living” by Thich Nhat Hanh

Book Cover – “The Art of Living” by Thich Nhat Hanh

The non-technical that no one else will give you makes it one of the ‘best books on financial independence.’ One of the blocks that one might face on their journey to FIRE isn’t the techniques; it is the choices. This book will guide you on your path to financial independence. 

So above were our suggested reads on FIRE (Financial Independence  / Retire Early)

 

You have heard the saying, “It’s easier said than done.” You’ve also had a look at the best books on financial independence. In case you are wondering now where to start it practically? How to bring this knowledge on paper to reality? Which book is your favorite? Which one is over-rated, or under-rated? Did we miss some books? Mention this in the comments section below.

How can SECVOLT Help the Followers of the FIRE Movement?

Well, SECVOLT – Global Investment Management Firm is the place that can help you achieve financial independence. We give you the returns that will allow you the space for your desired lifestyle. When you get on board with us, we put in our expertise and applications to give you the kind of returns you deserve. Keep your financial worries aside, and start preparing for an active retirement life while we put your money to work for you.

So, how about you take those old itineraries out, lead a meaningful life, enjoy your work, and sip some margarita on the way while we put your money to work for you?

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Ashish Verma

Ashish Verma is the founder and CTO of Secvolt, with close to 10 years of experience in the IT industry. He has been the technical backbone of the company and has worked tirelessly to make the technical infrastructure robust. He is a passionate entrepreneur who generates solutions that have the potential to bring change.

In order to ease the client’s interaction with Secvolt, he has strived to develop the business’s technological foundation and establish a user-friendly platform. Ashish has also contributed substantially to smoothening the company’s administration and ensuring that there are no lacunae in the broad structure of the organization. 

Early Years

Coming from a middle-class family, he was aware of the problems that people faced while using technology. He sought to create something that was simple to use yet had a powerful effect. As he studied computer science, he became eager to offer a solution to real issues. He began his professional career at Amdocs, where he gained expertise in client management while catering to more than 20 clients. Later, he moved to Citicorp, where he had exposure to the investment industry. His time at Amdocs and Citi enabled him to produce high-standard, efficient, and scalable technical infrastructure.

He left corporate jobs for his startup because he was passionate about working on the concept of a smart city platform. He expanded the concept internationally and even collaborated with Global Dignity-Kuwait. Things didn’t work out for him the first time. He states, “My failures didn’t stop me from experimenting and trying new things.” He rose from the ashes like a phoenix and founded FewerClicks, an End to End IT solution company.

He worked on the creation of Solster Finance, a decentralized financial platform based on the Solana blockchain. He created this platform single-handedly which has helped the team raise a $1M investment and a revenue of more than $5M within 6 months of launching. 

He has previously worked on many blockchain technologies and cryptocurrency ventures, which include Decentralized Finance Applications (Defi), Decentralized Applications (Dapps), File Contracts (SIA, record-keeper), Smart Contracts (rust, solidity), and NFT Development. His experience and effective communication have helped many team members understand Secvolt effectively and the underlying technology it is powered by.

He possesses the ideal combination of strategic thinking and excellent business insight. He is responsible for formulating technical aspects of the company’s strategy to guarantee alignment with business objectives. With his drive to experiment with new technologies, he has helped Secvolt achieve a competitive edge. Being in charge, Ashish never holds back in encouraging the different departments to make profitable use of technology, helping to grow as an unstoppable team at Secvolt!

Hanif Shaikh

Hanif Shaikh is the founder and CMO of Secvolt, with over 8 years of experience in the industry. He plays a crucial role when it comes to the growth of Secvolt. Since the beginning, he has acted as a mentor for each and every employee of the company, and he makes an effort to be accessible to his staff anytime they need him. 

Hanif first entered the Blockchain and Crypto world in 2016, and nothing has stopped him since. He views blockchain as a transparent platform that provides authority and accountability back to the people. He consistently believes that “overcommunication is better than miscommunication.” He has lived by this motto with his staff, clients, and networks.

Early Years

Hailing from Gujrat, a state in India, he is following his dream to contribute to making this world a better place. In the process, he has struggled, made some mistakes, and learned lessons from those mistakes to achieve success in life. His entrepreneurial attitude dates back to his childhood when he learned from his father’s business and aspired to have it all. He came from a humble background and had ambitions to succeed in life.

He has developed two successful businesses from scratch, and in the process, he has inspired young people to start their own businesses. He was an integral part of the Quora Mumbai Meetups and helped it become a great success in a short period of time. Later, he began organizing meetups to raise awareness about blockchain, cryptocurrencies, and their applications. He also shared his knowledge of ICOs, highlighted reputable ICOs, and established a small cryptocurrency community on WhatsApp groups.

He chose to go on a Blockchain Tour in India in 2019 and met some fascinating people. Throughout his journey, he has been able to build an extensive and robust network that has aided Secvolt’s growth. Because of his expertise and understanding of the Crypto Industry, he has been featured on several news channels and has advised the youth on the subject.

He is in charge of the company’s marketing operations and is responsible for developing its marketing strategy and vision. He oversees a group of passionate marketing professionals and plans promotional strategies with the goal of making  Secvolt a global brand. 

He is a perfect blend of a practical attitude and innovative business acumen. He believes in the ability of individuals to perform exceptionally well when given an environment to experiment and explore their passions; a culture that he has built at Secvolt.

Divakar Choudhary

Divakar Choudhary is the founder and CEO of Secvolt who has been trading for more than six years now. He started the business in 2018 with the conviction that if anybody could dominate the market, it was him. He poured all of himself into the business and turned Secvolt into a market-beating machine.

Divakar developed the fundamental quant models that perform risk management and capture alpha using his skills from the previous organization and his time spent in the market. In order to make the system effective, he backtested risk mitigation algorithms and worked on them for more than 4 years to produce results.

Early Years

He began his crypto journey in 2013 after getting his first gaming Laptop and melded in with the Blockchain community like sunbeams on the ocean. He created many YouTube channels at the age of 15 and businesses by the time he was 17. Technology has always piqued Divakar’s interest. He endeavored and succeeded at freelancing in his effort to achieve financial independence. However, he soon realized that freelancing would always keep him in the rat race, and the only way out would be to build a machine yielding generational wealth.

Soon, he started trading using his own capital but suffered a loss in the market. He says, “95% of people lose money & the rest 5% make money from the loss of those 95%.” He then began working on an effective technique to be included in this 5% after losing part of his own assets during the early stages of trading. He began evaluating quant strategies using statistical models.

With his methodology, he once produced a 20% ROI in a single month. With the zeal of creating something exceptional, he borrowed money from friends and family and generated decent returns for them using primitive quant models. Month after month, the system’s efficiency and the competence of the man behind it allowed for excellent market returns.

In the beginning, Divakar worked on his laptop for over 18 hours. It took every ounce of his energy as he executed about 530+ deals daily for 4 years to create this company from the ground up. In 2021, he increased his volume by 827%, trading a total of $52 million and hitting a single account.

In his words-

“What does becoming “THAT” GUY mean to you? Who did you need when you were young? Be that person!”

He is a perfect example of someone who followed his passion and made a fortune from it! He dreamt of creating generational wealth as a youngster, envisioned it as an adult, and is now making it a reality with Secvolt!