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 Do you like the idea of financial independence? Part of the FIRE equation is cutting costs. Kikujiarm / Shutterstock.com

Many people dream of retiring early. In fact, there’s even a movement these days, called FIRE, that offers the hope of financial independence (“FI”) and the ability to retire early (“RE”) from the grind. However, it’s important to note that in many cases, FIRE requires a great deal of planning — and sacrifice. You might need to reduce or eliminate some spending to set aside enough money to reach…

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