 Hi guys, my name is Nika and welcome back to High Black Girl, a channel where we live life at our highest potential, both financially, spiritually, emotionally, and honestly all the ease you wanna throw in there. So if that sounds like something you wanna do, if you're ready to live your life at the highest potential, make sure you go ahead and subscribe. So in today's video, we're gonna be talking all about barista fire. And if you don't know anything about the fire movement, don't worry, in this video, we're gonna break down exactly what over the fire movement, exactly what it is, the different types of fire. So barista fire is actually just one type. Then we're gonna deep dive into exactly what barista fire is, and then at the end we'll go through the pros and the cons of barista fire and see if this is something that can be for you. So if you fire, it hurts so bad because I exercised too much. If this sounds like something that you're interested in, please make sure to tune in and keep watching for the rest of the video. Also, subscribe. Let's get right into it. So fire stands for financial independence, retire early. And it's a movement that's really been sweeping the millennial and Gen C generations by storm. The mindset of the fire community is to save up to 90% of your income with the goal of retiring between the ages of 30 and 45. Now, depending on how old you are, that might seem really old, but did you know the average woman in the United States retires around the age of 62 while the average man in the United States retires at the age of 65? So that means if you're able to achieve fire, you are getting back an extra 15 to 20 years of your life. I mean, you gotta think about it. What would you do if you were able to get 15 to 20 years back of your life? Like how would that change your life? There are so many different types of fire out there. So you should really do some research and see which one works best for the lifestyle that you want to live. So let's go through some of them really quickly. There is fat-fi, lean-fi, coast-fi, and barista-fi. Fire can also be abbreviated by fi, so you might hear them referred to like that. So fat-fi and fat-fire are the same things, but sometimes people just drop off the RE because the financial independence part kind of employs that, yeah. Okay, so we're here, finally. Let's talk all about barista-fire. And by the way, if you're still watching this video, make sure you subscribe. So barista-fire is a part of the financial movement in which people, and to have their retirement fund about like 80% of their lifestyle. And the other 20%, they plan on covering by working a part-time job. I am talking so fresh. Ooh, for example, a barista-person, a barista-fire person will likely be able to pay for like their rent, their car insurance, their car note, all with that retirement account. They may have some other expenses, like maybe their cell phone bill or like fund money, eating out, shopping, things like that, that they need to supplement their income with a part-time job. The goal for people who do barista-fire is to only work a part-time job that they enjoy. So for example, they might be a barista at a coffee shop or they may be a yoga instructor like me, or maybe they really love travel, so they work part-time at an airline to get really good travel benefits. Whatever you wanna do, the sky is the limit, but the goal here is to work less and enjoy what you do. Another reason people choose barista-fire is because having a job actually really subsidizes the amount that you pay and health insurance. In the United States, it's truly no secret that our health insurance is insane. My friend, who's a freelancer, was paying like $700 a month for insurance versus me, when I was working at a nine-to-five corporation, I was paying $70 a month for health insurance. So that's another huge thing why people choose to work part-time while in retirement and embrace the barista lifestyle because you are able to get those huge, huge health insurance benefits when you're a part of a corporation. So what are some of the pros and the cons of barista-fy? Well, a huge pro is that you get to retire early. While a con is that you may still have to work. For me, right now, I am on a huge career break. I left my over $100,000-a-k job in tech and I decided to travel Europe for four weeks. You can catch my travel vlogs here. But right now, I've really just been working on my YouTube channel. I'm a yoga instructor as well, so I teach one or two classes a week. And then the rest of the time, I just work on my personal fitness. So if this is what barista-fy is like, then sign me up. I really enjoy working at the studio part-time just because it gives me that human interaction. While I still have the flexibility to pick up more shifts than I want or give away shifts as I want and spend a lot of my time just working on my YouTube, Instagram, and social media businesses. What about you guys? Is barista-fy or something that you would enjoy and something that you would like to do? Or would you prefer to take the more traditional route and just work until 65 and then retire later in life? Let me know in the comments below and thank you guys so much for watching. I finished the video. Okay, I'm really excited. Guys, I literally have been traveling for so long I forgot how to film a video of my apartment. I'm just so happy that I actually filmed the video and I fixed my camera settings and I think it looks so much better now. Anyway, it's the end of the video. I'm Rambling. I love you guys. Subscribe to my channel. Follow me on Instagram. Do all the things. Muah, muah, muah, muah, muah, muah. Bye. Ha ha ha.