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FIRE — First Passive €500/month in a Year
The first step of FIRE: build a portfolio that generates €500/month in dividends or interest. Eight tactical phases: education → account → strategy → contributions → reinvest → review.
Duration
365d
Total time
~80h
Tasks
8
Difficulty
hard
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Try in app — freeTime breakdown by value
Conscious 10.8h · 100%
Skills you'll practice
Financial literacy Thinking Discipline Planning Responsibility
What's inside — 1 section
Section 1 · 8 tasks FIRE €500/month Program (8 steps over 1 year)
Section 1 · 8 tasks
FIRE €500/month Program (8 steps over 1 year)
- Financial Reading and Education105 min · repeats weekly · 3 steps
- Open a Brokerage Account165 min · repeats once · 3 steps
- Investment Strategy145 min · repeats once · 4 steps
- Regular Contributions25 min · repeats once · 3 steps
- Reinvest the Dividends20 min · repeats once · 2 steps
- The "Don't Touch the Capital" Rule5 min · repeats daily · 1 steps
- Tax Accounting90 min · repeats once · 3 steps
- Quarterly Portfolio Review90 min · repeats once · 5 steps
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