Podcasts about fat fire

The concept of FIRE isn't one-size-fits-all, so we dive into the various types of FIRE that have been popularized. The ability to name your type of FIRE can help you find the right community and ongoing motivation for your financial goals. We share the math of the ultra-frugal Lean FIRE to the luxurious Fat FIRE and all the flavors in between. Aligning your financial goals with a lifestyle that resonates with you can make the path to financial independence more attainable and enjoyable. Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/106-find-your-fire-lean-fi-fat-fi-coast-fi-barista-fi-and-more-which-fire-is-right-for-you/

Would you delay your early retirement for years to feel safer and secure once you FIRE? That's what Mark Trautman did, FIRE-ing before discovering the FIRE movement was even a thing. While he could have retired in his 40s, Mark pushed his retirement date to 50, retiring with a conservative withdrawal schedule that even beats the 4% rule. But, thanks to being invested throughout his retirement, Mark has blown past even his Fat FIRE dreams, spending what he wants, when he wants, without a worry! But it wasn't the money that made Mark thankful for FIRE. Mark was able to be right next to his wife and even his father during their last days, being fully dedicated to them and not worrying about a job or paycheck he had to go after. This is the TRUE point of FIRE, and living like Mark could have the same powerful impact on you. Speaking of paychecks, Mark's “FI paychecks” are fueling his retirement, so much so that he barely (if ever) needs to withdraw from his retirement portfolio. How is this completely passive cash flow funding his life? Copy Mark's strategy, and you could be Fat FIRE by 50, too!   In This Episode We Cover The “FI paychecks” you should set up once you're near early retirement  Why FIRE is about MORE than money; it's about time with the ones you love  Mark's “Fun Bucket” for worry-free spending on life-changing experiences  Why delaying your early retirement could help you FIRE without money anxiety  The one inflation/market downturn hedge Mark uses that provides him with passive income  Early retirement healthcare and how Mark pays for health insurance without employment  And So Much More! Links from the Show Mindy on BiggerPockets Scott on BiggerPockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Join BiggerPockets for FREE Email Mindy: Mindy@biggerpockets.com Email Scott: Scott@biggerpockets.com BiggerPockets Money Facebook Group Follow BiggerPockets Money on Instagram “Like” BiggerPockets Money on Facebook Subscribe to the BiggerPockets Money YouTube Channel! How to Plan for Early Retirement NOW! | Life After FIRE w/Justin Peters Mark's Money Mind EconoMe Conference Get to FIRE Faster with “Set for Life” Sign Up for the BiggerPockets Money Newsletter Find an Investor-Friendly Agent in Your Area How to Plan for Early Retirement NOW! | Life After FIRE w/Justin Peters (00:00) Intro (00:53) FIRE at 50! (04:37) Scared to Withdraw for Retirement? (07:59) Super Conservative FI Strategy (12:34) The FI "Paycheck" (13:25) Spending in Early Retirement (15:14) Time Freedom to Care For His Wife (21:42) The "Fun" Bucket (25:24) Market Corrections Are GOOD! (29:41) Add Treasuries to Your FIRE Portfolio? (32:09) FIRE Healthcare (34:46) The FIRE Lifestyle (37:52) Connect with Mark! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-624 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

How do the top 1% of Americans invest their money, and how do your investments compare? We're breaking down the data, showing what the wealthiest Americans are invested in and how to copy their 1% portfolio so you can invest like the ultra-wealthy. To be in the top 1% of Americans, you must have at least eight figures. And while that's a Fat FIRE number, most of us don't need tens of millions to retire early. But copying some of the tactics of the top 1% could get you there faster. One thing slingshots average Americans to the top 1%, and even the top 0.1%, but you don't have to bank on this huge bet to get there. Surprisingly, the top 1% invests in assets that YOU already have access to, not elite-only investment opportunities or massive business deals. They're invested in FAR more passive assets than you'd think, so you don't HAVE to build a real estate portfolio to get there. What gives you the best chance of hitting the top 1% in wealth? Maybe you don't want to go that far—how do you get to the top 10%? Scott and Mindy share a few strategies that could skyrocket your net worth into the tens of millions—if you're willing to do the work. Plus, they reveal where to park your money once you reach the top. In This Episode We Cover The average net worth of the 1% and the 0.1% in America (less than you'd think) How the 1% invest their money and why they AREN'T heavily invested in real estate  The best investment for the chance of breaking into the top 1% The “middle-class trap” that the 1% escape, but the upper-middle-class can't How the top 1% invest now compared to pre-pandemic and pre-2008 And So Much More! Links from the Show Mindy on BiggerPockets Scott on BiggerPockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Join BiggerPockets for FREE Email Mindy: Mindy@biggerpockets.com Email Scott: Scott@biggerpockets.com BiggerPockets Money Facebook Group Follow BiggerPockets Money on Instagram “Like” BiggerPockets Money on Facebook BiggerPockets Money YouTube Channel Fed Assets by Wealth Percentile Group in 2024 Get $100 Off Your Tickets to BPCON2025 in Las Vegas, Nevada Grab “The Millionaire Next Door” Sign Up for the BiggerPockets Money Newsletter Find an Investor-Friendly Agent in Your Area BiggerPockets Money 325 - How to Buy Yourself a 6-Figure Income Stream w/Tim Delaney Fed Assets by Wealth Percentile Group in 2024 (00:00) Intro (01:12) Top 1% Net Worth (08:49) The Top 1% Portfolio (16:05) How Their Investments Evolve (17:40) Cheat Code to 1% Status? (21:12) Average American vs. 1% Investments (29:46) Best Investment to Become 1%? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-614 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

The FIRE movement has existed for a few years. This way of living especially attracts people in their 30s or less. However, it is only made for some, so let's explore FIRE, Fat FIRE, FIWOOT, and Lifestyle Design. Which one appeals to you the most? Save your Spot for the Upcoming Free Webinar. Make sure to check out the complete show notes. Twitter: @TheDividendGuy FB: http://bit.ly/2Z7Q5gF YouTube: http://bit.ly/2Zs6r1r DividendStocksRock.com

Join Michelle Martin as she dives into the FIRE (Financial Independence, Retire Early) movement with Elijah Lee, Senior Financial Services Manager, Phillip Securities. Discover the core principles of FIRE, its suitability for different lifestyles, and the challenges it presents. Elijah explains various FIRE strategies, such as Lean Fire and Fat Fire, and discusses alternative retirement planning approaches for those who find FIRE eats into a meaningful  life. Gain insights on how to adapt retirement planning to today's economic climate and set clear financial goals for a sustainable future. See omnystudio.com/listener for privacy information.

Pay off your mortgage or invest? If you're on the path to FIRE, you've probably asked yourself this question. Without a mortgage payment, you could put thousands more in your pocket every month, and your FIRE number would decrease significantly. On the other hand, investing all the money you could have spent on paying off your mortgage may allow you to build considerably more wealth and reach Fat FIRE with more assets to your name. So, which move do you make? Mindy and Scott are coming on to debate this common investing question. On team “Don't pay it off!” is Mindy, who just recently made a six-figure profit by NOT paying off her mortgage. How did she do it? Stick around to find out. Scott, who just bought his recent home in cash, is pro-paying off the mortgage (for some), as it may lead you to FIRE much faster than you thought. In this episode, Scott and Mindy discuss WHO should pay off their mortgage early, the pros and cons of investing vs. going debt-free, and why one move may be MUCH better for those closer to FIRE. Want more money for your future retirement? Sick of your job and want to quit quickly and retire on your terms? We've got options for BOTH! In This Episode We Cover Whether you should pay off your mortgage early or invest instead How Mindy made a six-figure stock profit by NOT paying off her home Why paying off your low-interest rate mortgage may make sense EVEN in 2024 How those close to retirement can shave off a BIG portion of their FIRE number and retire now Whether you should keep cash in a high-yield savings account instead of paying down a low-rate mortgage Other BIG cost-saving benefits of paying off your mortgage early And So Much More! Links from the Show BiggerPockets Money Facebook Group Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums Finance Review Guest Onboarding Join BiggerPockets for FREE Mindy on BiggerPockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders BiggerPockets Money Group BiggerPockets Money 543 - How the “Middle-Class Trap” Stops Your Early Retirement 00:00 Intro 01:27 Why You SHOULDN'T Pay It Off 05:35 Why You SHOULD Pay it Off 15:07 Keep Cash in the Bank? 20:54 Big Benefits of Paying it Off 27:51 What Would You Do? 29:29 Scared of Stock Performance? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-554 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover strategies for achieving early retirement with the FIRE movement and learn how to maximize your credit card rewards. How much do you have to save if you want to retire early? Can you double your credit card rewards by paying off one card with another? Hosts Sean Pyles and Elizabeth Ayoola discuss the FIRE movement and maximizing credit card rewards to help you understand how to achieve financial independence and optimize your financial strategies. They begin with a discussion of the FIRE movement, with tips and tricks on understanding different FIRE strategies (Lean FIRE, Fat FIRE, Barista FIRE), adapting financial goals to individual circumstances, and the feasibility of saving significant portions of income amidst rising living costs and inflation. Then, credit card Nerd Erin Hurd joins Sean to discuss maximizing credit card rewards. She explains the impossibility of doubling rewards by paying off one card with another, effective strategies for couples to maximize credit card points like leveraging multiple sign-up bonuses and using authorized users, and the best and worst ways to redeem credit card points, emphasizing considerations such as point expiration, the impact of inflation on point value, and the importance of having a realistic plan for point usage. You can find NerdWallet's deep dive analysis on the current value of many top airline and hotel programs here: https://www.nerdwallet.com/article/travel/airline-miles-and-hotel-points-valuations  In their conversation, the Nerds discuss: FIRE movement, financial independence, retire early, early retirement strategies, saving for retirement, credit card rewards points, maximizing credit card points, credit card strategies, signup bonuses, strategic spending, redeeming points, point expiration, inflation impact, credit card authorized users, pooling points, credit card hacks, financial freedom, meaningful work, balancing life and finances, personal freedom, cost of living, inflation, saving income, balance transfers, 0% intro apr, credit card myths, reward points, spending management, travel points, cashback, redeeming points, financial decisions, optimizing rewards, financial goals, and retirement planning. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.

Many people tend to think of Financial Independence as a static goal, achieving some magical number in net worth or passive income that means you don't have to work for money anymore. However, many people will push the goal post once they achieve their number, feeling like they need more. I see financial independence more as a journey with different stages. In this week's podcast episode, I'll talk about four different levels of financial impendence. Survival FI, Coast FI, Traditional FI and FAT FIRE.Please subscribe and leave a review on your favorite Podcasting platform.  If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook You can learn more about Elisa at her website or follow her on social media.Website: https://ww.GrowYourWealthyMindset.comInstagram https://www.instagram.com/GrowYourWealthyMindsetFacebook https://www.facebook.com/ElisaChianghttps://www.facebook.com/GrowYourWealthyMindsetYouTube: https://www.youtube.com/c/WealthyMindsetMDLinked In: www.linkedin.com/in/ElisaChiang  Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast is for informational and entertainment only and should not be considered professional investment, legal, or tax advice. Dr Elisa Chiang is not a certified financial planner, attorney, or accountant.  The views expressed are the personal opinion of Elisa Chiang and her guests and should not be taken as advice specific to you, the listener of the podcast. Personal finance is personal and your personal financial decision need to be made based on your personal financial situation and risk tolerance after having completed your own due diligence.   

Det finnes mange veier til rom, i ukas episode snakker vi om de mange ulike veiene til økonomisk uavhengighet. Det finnes de som ønsker å si opp jobben nå, de som vil ha deltidsjobb, de som ønsker FAT FIRE og de som skal leve på 150 000 i året. Vi diskuterer de ulike FIRE typene samt hva vi selv lener mest mot. See omnystudio.com/listener for privacy information.

In today's episode, we delve into the FIRE movement—Financial Independence Retire Early. Whether you're new to FIRE or looking to refine your approach, this episode covers what you need to know about applying the FIRE approach to your life. We explore the evolution of FIRE, break down its various types (Lean FIRE, Fat FIRE, Barista FIRE, and Coast FIRE), and discuss who can benefit most from this financial strategy. As fiduciaries—a financial advisor and a CERTIFIED FINANCIAL PLANNER™—we provide an unbiased analysis of the pros and cons of the FIRE movement. You'll gain valuable tips on how to implement FIRE principles into your own financial life, even if you don't fully commit to the movement. Tune in to discover how FIRE can help you achieve financial freedom and rethink your retirement strategy. For any questions, comments, and to suggest topics for the podcast, you can email us at askcreatingwealth@taberasset.com. More Resources: F.I.R.E. For Dummies by Jackie Cummings Koski   Follow Your Bliss   Choose FI - communities for Financial Independence, Retire Early

Do you have people to talk with about your money? Do you know what FIRE communities exist? Let's discuss this and more in this week's episode of Money Feels!We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following?What even is a subreddit?Fat FIRE, Chubby FIRE, HENRYWhat are some common strategies people on these forums use?What are the positives and negatives of these worlds?Are the people in these subreddits legit?What is the value of having communities like these?Alyssa's communityResources:Fat FIREChubby FIREHENRYThe Neighbourhood WaitlistThanks for listening to our first episode of a new season! If you want bonus episodes and more, you can join our Patreon! Until then, follow us on Instagram @mixedupmoney, @bridgiecasey and @moneyfeelspodcast, and we'll see you next time! 

On board today is Louise Howard, a Sydney-based executive who I met through the FIRE community. Louise is an incredibly talented, dedicated and successful person who has held executive roles in infrastructure projects in the public sector, as well as management and consulting in the private sector. She recently decided to take a break from her government job and launched her own advisory business called Louise Howard Advisory, where she advises and speaks publicly, all over the world on topics such as infrastructure, development, career mentoring and leadership. Louise is from a big Italian family and learned some solid financial lessons from her parents who provided a wonderful start for her and her siblings. Louise lives in a high cost of living area in Sydney, but is a mean negotiator when it comes to her salary, and is passionate about pay equality for women in the workforce. Louise is 5 years from her FAT Fire goal, has made some very smart money and investing decisions along the way and it was awesome to catch up with her again!

Denne episoden handler om forbruksnivåer, er du mer en FAT Fire eller en Lean FIRE type? Instagram:  @fredrik.stole FIRE Norge - Facebook FIRE Norge - Discord Song: Pulsar Sound - Digital Corporate Technology Music provided by Tunetank. Free Download: https://tunetank.com/track/4208-digital-corporate-technology/

I dag taler Anders og Mikael omkring "Fat FIRE", og om hvordan meget rige personer også har en masse udfordringer. De er bare anderledes end de fleste andres. Podcastet kommer omkring Reddit, og hvordan man kan følge med, når folk med mange penge lufter deres problemer.

Doug and Carl interview Andrew Giancola, host of the wildly successful Personal Finance Podcast. Quick note!:* If you think that Doug and Carl are awesome, show them some love by supporting the show. If you think they suck, give them some money to motivate them to suck less*: https://milehighfi.com/donate Early Retirement How to start on an early retirement journey How much you should have saved by certain ages How to create a bigger gap in income and expenses The 3 Horsemen of the FI-pocalypse: housing, cars, and food Making $100,000 A Year How to get promoted Doug and Carl's best tips for success on the job Personal Finance Podcast Goals of the show Imposter syndrome The meaning of wealth Links The personal finance podcast Master Money Mr. Money Mustache: The schockingly simple math behind early retirement How you can support us - Check out the Econome Conference - Save money using our coupon code MILEHIGHFI. Carl and Doug will be there, so come and hang out. Join the Mile High FI Club – It's our email list! Support the show and get exclusive content. We use Buy Me a Coffee which is like Patreon. You can donate each month which helps a ton, or make a one-time donation. Get MHFi Merch – It helps support the show. Get t-shorts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: doug@milehighfi.com or carl@milehighfi.com 0:00 - Intro 0:45 - Who is Andrew Giancola 5:10 - Time management 8:14 Andrew's corporate job 10:19 - Tips for approaching early retirement 15:06 - Andrew's beginnings 16:15 -Why retiring early is not for everyone 19:06 - Lifestyle inflation 23:18 - Splurging 24:14 - Andrew's take on frugality 26:16 - How much do you save in certain ages of life 32:15 - Income vs. expenses gap 38:54 - FI framework and how to get promoted 49:05 - Protecting assets 54:19 - Goals 55:39 - Imposter syndrome 59:00 - The meaning of wealth 1:00:19 - The perfect day

Episode SummaryIn this episode of Get Real Wealthy Season 3, Quentin talks about the FIRE - Financial Independence and Retire Early movement and its relevance for young adults. Quentin says that being a part of such communities can be greatly helpful for young adults as the financial landscape these days is very different from what it used to be three or four decades ago. He adds that there are various approaches to doing this, and one of them is the FAT FIRE movement, which is having a large nest egg and being able to live off of that. It may take you five years, ten years, or 20 years to create something like this, but you live off that. There is also a LEAN FIRE community that is really about being frugal and living minimalistically. This allows you to create an environment where your monthly freedom number is so low that it becomes easy for you to have that financial freedom.Quentin says there is also another movement called the BARISTA FIRE movement, which means that you continue to work while you're retired but get additional benefits. It's like you've created the financial freedom part, but just not all of the pieces. He adds that there's the COAST FIRE movement as well, which is about investing early enough to generate income to retire later. He says that the other thing you need to understand is the difference between assets and liabilities. Assets pay you to own every month, whereas liabilities are things you have to pay every month. He further stated that this is an interpretation from Robert Kiyosaki. He also recommends reading his famous book Rich Dad, Poor Dad for more gems like this.Quentin adds that it is also important to know the difference between good debt and bad debt, and how it can be an asset or a liability. He further talks about the Golden Handcuffs. It's when you're in a situation where you get a lot of income but end up spending it because of your lifestyle. It prevents you from growing and having financial independence. In conclusion, he says that the best thing you can do is explore the FIRE acronym, and if you want to learn something, you must be around other people who are doing the same thing.Important Links and Resources· Rich Dad Poor Dad by Robert T.Kiyosaki · https://www.instagram.com/qmanrei · quentin@getrealwealthy.com · https://EducationREI.ca· https://GetRealWealthy.com· https://DurhamREI.ca

Is the FIRE movement dead? Should doctors and healthcare workers even aim to retire early anyway?We talk about LEAN FIRE and FAT FIRE. At the end I share my personal thoughts on FIRE.Just a reminder, this podcast is for entertainment purposes, nothing here is financial advice. Please speak to your trusted professional advisers. Views expressed by podcast participants are solely their own. Other resources:What Is Fat FIRE Vs. Lean FIRE? 2 Different Ways to Retire Early (businessinsider.com)Aussie Firebug blog on F.I.R.E - Aussie Firebug | Financial Independence Retire EarlyMusic credit: Bass NationMusic Credit: Bass Nation.Send in your questions to: passiveincomedoctors[AT]gmail.com

Pour rendre à César ce qui est à César. Le sujet de cet épisode m'a été inspiré par mes invités du podcast Claire, Jérémy et Nils.Le thème du mouvement FIRE, financial independence, retire early, est très en vogue et je vais vous partager mon analyse de ce sujet et comment obtenir son indépendance financière avec de multiples scénarios possibles. L'objectif étant de faire des gros billets avant de perdre ses dents !En préambule de cet épisode, je vous partage mon retour concernant le salon de l'immobilier de Bordeaux qui a eu lieu il y a une dizaine de jours. Quels enseignements j'ai pu en tirer et pourquoi il est très important de se rendre à ce type d'évènement? En aparté, un peu de culture général, le titre de cet épisode et la photo de couverture m'ont été inspirés par un couple vulcanologues orginiaires de ma région natale. Si vous trouvez que j'ai un accent, regardez les enregistrements de Katia et Maurice Krafft et vous allez mieux comprendre :). On parle beaucoup de leurs vies incroyables et de leur destin tragique dans les émissions scientifiques du moment, car un film vient de sortir sur leur histoire nommé Fire of Love. Il y a beaucoup à apprendre de leur histoire, mais ce que j'ai retenu, c'est qu'ils ont pu assister à un nombre incroyable d'éruptions (175) au cours de leurs vies, car ils n'avaient pas de patron ou autre organisme étatique à qui rendre des comptes pour aller lever des financements pour ensuite avoir un accord qui prend 6 mois alors que lorsqu'il y a une éruption il faut pouvoir y aller immédiatement !!Comme toujours, pensez à liker, partager et commenter. __________Pour rejoindre le Club1vest=> Retrouvez-nous sur www.club1vest.fr ou contactez-moi directement sur Instagram ou à l'adresse info@byebyepatron.net. Nos avis trustpilot https://www.trustpilot.com/review/club1vest.fr__________Pour rejoindre le canal Telegram "byebyepatronpodcast"https://t.me/byebyepatronpodcast__________Mes livres: "Débuter l'investissement immobilier locatif : 12 étapes simples pour réussir et éviter les pièges!: Choisir la meilleure stratégie rentable en maitrisant la fiscalité : location nue, meublée, LCD, SCI".https://www.amazon.fr/dp/B09VCF2Y77Négocier un bien immobilier : 7 techniques pour gagner facilement des dizaines de milliers d'euros sur l'achat d'un investissement locatif ou de sa résidence principale.: Créer la bonne affaire https://www.amazon.fr/dp/B095GNLW7M__________Toutes mes news: www.byebyepatron.netPour me contacter: Mail: info@byebyepatron.netInstagram: @bye_bye_patronwww.linkedin.com/in/byebyepatron/ 

Doug and Carl talk to Leif Dahleen (aka the Physician On FIRE) about medical school, sunk cost, Fat FIRE, and cave men. Carl talks about meeting Leif for the first time Identity Sunk costs Discovering FIRE Last day of work FIRE life Where is the FIRE movement going? Giving back Links: Inception: When an Idea Takes Hold - Physician on FIRE fatFIRE | Facebook https://www.rootofgood.com retireby40.org - Join the Mile High FI Club – It's our email list! Get MHFi Merch – It helps support the show. Get t-shorts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: doug@milehighfi.com or carl@milehighfi.com

Matt and Gus recap Matt and Rocco's recent Kentucky velvet buck hunt, Camp Hero's fundraiser and they discuss steps you can take to help ensure success in hunting whitetails out of state in areas you aren't familiar with.  Topics Discussed: Recapping our weekend in Lexington for the Camp Hero KY Bourbon and BBQ Bash. Recording a podcast in the Justin's House of Bourbon speakeasy room. Matt recounts the velvet buck hunt with Rocco and talks about filming the whole thing. Negotiating sketchy tree stand climbs to film Rocco's hunt. Kentucky whitetail deer tricking potential predators into flinching and giving up their element of surprise. Matt gives his recap of his first time using a saddle and makes his recommendations for those making the transition to saddle hunting. Matt talks about his upcoming hunt in Georgia to help thin out some does on friend's property. Whitetail scraping habits and how deer communicate and spread their scent. Quiet and quitting and its close cousin Fat Fire. The amount needed to retire today versus 20 years ago. The debut of our sample segment called "Just the Sip". Whitetail hunting tips for hunting out of state with little to no prep or previous experience. eScouting locations ahead of time and gathering data from friends and sources with prior knowledge. Bringing the appropriate gear to be flexible with your hunting spot or setup when hunting whitetail out of state. Always making sure you understand the laws and regulations affecting your out of state whitetail hunt. Ensuring you have a means for moving and transporting meat from your deer and/or deer meat from your out of state whitetail hunt. Bringing a good modular hunt clothing system or layers you can use to dress up or down for temp adjustments. Making sure you plan meals and snacks and eat in the morning and evening to make sure you aren't hungry for an all day whitetail hunt. Making sure you sleep and have the energy levels you need for a long out of state hunt whitetail hunt. Stayin in the woods to make sure you make the most out of your out of state hunting opportunity. Insta360 Camera Link - https://www.insta360.com/sal/one_x2?insrc=INR144Q Patreon - https://www.patreon.com/whiskeyandwhitetails Instagram - @whiskeyandwhitetails Facebook - @whiskeyandwhitetails Twitter - @whskywhitetail Website & Store - www.whiskeyandwhitetails.com YouTube - https://www.youtube.com/channel/UCUX9-ft9bLcrNMUMREwj4Dw/featured MORE: We'd like to extend a special thank you to everyone who has supported us along this journey so far. We've done a lot in a short time and have so much more we're excited to do still. We must give a particularly BIG shoutout to our growing Patreon Community! If you enjoy our content, consider giving us a 5 star rating on your favorite podcast app, leave us a review, and tell a fellow whiskey or whitetail/hunting enthusiast about our show. We'd be beyond grateful for the support.  Make sure to stay up to date on everything we're doing through our Instagram and visit our website to check out our latest journal posts about hunting, whiskey and cigars and our shop for our latest barrel made products. Last but not lease, please consider joining our Patreon community where you'll get exclusive access to Patreon only content, early access to other content, prizes, giveaways, a voice in what content we create, live streams, expand our ability to bring you EVEN MORE awesome content as well as a community of awesome whiskey and outdoor enthusiasts. This podcast is a part of the Waypoint TV Podcast Network. Waypoint is the ultimate outdoor network featuring streaming of full-length fishing and hunting television shows, short films and instructional content, a social media network, and Podcast Network. Follow Waypoint on Instagram at the following accounts @waypointtv @waypointpodcasts Learn more about your ad choices. Visit megaphone.fm/adchoices

On repart en Alsace, mais avec un nouvel arrivé à Strasbourg en la personne de Nils.Après avoir été l'archétype du salarié désabusé, ayant commencé sa vie professionnelle avec un salaire de 1534 euros, 600 euros de prêt étudiant et 500 euros de loyer, par les hasards de la vie et en ayant su saisir de bonnes opportunités, Nils a pu augmenter considérablement ses revenus en changeant de secteur, mais également des statuts (de CDI à Freelance).Il a posé ses valises à Strasbourg en conséquence du Covid et permet également aux voyageurs de poser les leurs grâce aux deux locations courtes durées qu'il possède dans la capitale alsacienne.Nils qui plus est un adepte du mouvement Fire et plus précisément du FAT Fire dont il va être question dans cet épisode. Un concept qui va souvent de pair avec l'écologie qui est un sujet dont Nils est particulièrement au fait, grâce à sa femme allemande et son goût à lui pour la gestion des dépenses raisonnées. Pour rejoindre le Club1vest=> Retrouvez-nous sur www.club1vest.fr ou contactez-moi directement sur Instagram ou à l'adresse info@byebyepatron.net. Nos avis trustpilot https://www.trustpilot.com/review/club1vest.fr__________Pour rejoindre le canal Telegram "byebyepatronpodcast"https://t.me/byebyepatronpodcast__________ Mes livres: "Débuter l'investissement immobilier locatif : 12 étapes simples pour réussir et éviter les pièges!: Choisir la meilleure stratégie rentable en maitrisant la fiscalité : location nue, meublée, LCD, SCI".https://www.amazon.fr/dp/B09VCF2Y77Négocier un bien immobilier : 7 techniques pour gagner facilement des dizaines de milliers d'euros sur l'achat d'un investissement locatif ou de sa résidence principale.: Créer la bonne affaire https://www.amazon.fr/dp/B095GNLW7M__________ Toutes mes news: www.byebyepatron.netPour me contacter: Mail: info@byebyepatron.netInstagram: @bye_bye_patronwww.linkedin.com/in/byebyepatron/

Most people retire at around 60-65 years old. Many investors know about FIRE but might find it hard to achieve. But did you ever think about your own retirement design? What are the pros and cons of each option and which one is best suited for you? And what's the place of dividend growth investing? Let's dive into FIRE, Fat FIRE, and lifestyle design! For the complete show notes, make sure to check out our website: thedividendguyblog.com/76 Twitter: @TheDividendGuy FB: http://bit.ly/2Z7Q5gF YouTube: http://bit.ly/2Zs6r1r

Denne sommer sætter vi fokus på, hvordan du får mere frihed i dit liv gennem økonomi. I dette andet afsnit præsenterer vi fire arketyper inden for FIRE-bevægelsen (Financial Independence Retire Early): Coast FIRE, Barista FIRE, Lean Fire og Fat FIRE. Disse kan vi finde inspiration i, når vi skal planlægge vores egen vej til økonomisk frihed. Sarah Ophelia Møss læser op fra den nye bog, Den lille guide til økonomisk frihed. Bogen der kan købes hos alle landets boghandlere, kan du læse mere om her: https://muusmann-forlag.dk/den-lille-guide-til-oekonomisk-frihed/ Planlagt, optaget, redigeret og udgivet af Ophelia Invest. Tak til vores episodesponsor, Firi, Nordens største kryptobørs. Udover denne podcast kan du følge aktiviteterne i Ophelia Invest og lære at investere sammen med os her: Bogen Den lille guide til økonomisk frihed: https://muusmann-forlag.dk/den-lille-guide-til-oekonomisk-frihed/ Ophelia Invest hjemmeside: https://www.opheliainvest.dk Onlinekursus i investering: https://opheliainvest.dk/vare/onlinekursus-2021-i-investering-for-begyndere-inkl-4-timers-ekstra-video/ Aktiegruppe for private investorer på Facebook ‘Aktieklubben Danmark': https://www.facebook.com/groups/540668596359572/

When can you retire? It all hinges on calculating your F.I.R.E number!  AC walks you through the math to determine if you can FIRE, Fat FIRE, Lean FIRE, and how House FIRE can help you reach HELL FIRE (Having Every Luxury in Life). It's a HOT topic!! The House of AC is proudly sponsored by Jasmine Mortgage Team Topics: - What is your F.I.R.E number? (Financial Independence Retire Early) - The first Step to Finding your F.I.R.E Number | Write Out All Your Expenses - How to find your F.I.R.E Number and Where F.I.R.E Numbers Came From - The Different types of F.I.R.E and their Meaning - Don't Pay off Your Debts! Buying Real Estate to Pay Your Debts - Determining if Commercial Properties are Good Investments in Real-Time  - My F.I.R.E Investing Summary to Afford All Luxuries Continue the discussion on Discord! https://discord.com/invite/bHEHDgfm5J "The House of AC" streams daily with info on early retirement, real estate, crypto, and finances.  Watch live and ask questions or watch later on YouTube. https://linktr.ee/thehouseofac Follow me on Social Media @TheHouseofAC

It's the start of a new year and I know you probably have lots of money goals you'd like to reach this year. So, in today's episode, I chat with financial planner Gary Grewal about what a Certified Financial Planner is and how one can help you get your financial life in order. Gary is the author of Financial Fives: The Top 325 Ways to Save, Earn, and Thrive to Retire Before 65. We also chat about how to negotiate, FIRE (Financial Independence Retire Early) and why he doesn't agree with RE and so much more. “Being respectful, doing your research, and never ever be in a position where you need them more than they need you can really help you get comfortable with negotiating.” - Gary Grewal  “Asking yourself the reason why you want to pursue FIRE, what it's going to enable you to do and then designing your life around your values and eventually you will get there.” - Gary Grewal What You Will Learn From This Episode What is a CFP and how they help people with their finances When you should seek a CFP's help and what does the first session looks like Why negotiate and tips on how to negotiate Things you need to know about FIRE (Financial Independence Retire Early) and how to avoid being miserable trying to reach it Barista FIRE and Fat FIRE and how to set/figure out your FIRE number What is the 4% withdrawal rule - is it a good rule to follow? Don't compare yourself to others, you have your own journey Why Gary doesn't agree with RE (Retire Early) How to find purpose in your money Financial tips for the new year About Gary Grewal: Gary Grewal is a CFP and author of Financial Fives: The Top 325 Ways to Save, Earn, and Thrive to Retire Before 65. He started a career in financial planning because he feels that personal finance knowledge can truly change the direction of someone's life in a drastic, positive manner. He has started two businesses, bought and sold 7 different cars, and negotiated almost everything while becoming more involved with volunteering and philanthropy. Resources: Resources include affiliate links which support the website and podcast Financial Fives: The Top 325 Ways to Save, Earn, and Thrive to Retire Before 65 by Gary Grewal FIRE Movement I Will Teach You To Be Rich podcast by Ramit Sethi I Will Teach You To Be Rich by Ramit Sethi Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence by Vicki Robin and Joe Dominguez The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich by David Bach Connect with Gary financialfives.com Connect with Melanie mentalhealthandwealth.com melanielockert.com Instagram Contact: mentalhealthandwealthshow@gmail.com   Want more content and support? Sign up for the Mental Hump Newsletter and get our free Mental Health and Money inventory worksheet. You can sign up at MentalHealthandWealth.com. If you'd like to support the podcast, you can do so here: https://ko-fi.com/melanielockert Follow us on Apple Podcast or Libsyn! Love the podcast? Leave a review on iTunes!  

On this rewind episode we revisit the topic of fatFIRE. What is fatFIRE and is it a worthy pursuit? Listen to Physician on FIRE, Liz from Frugalwoods, and the duo from Millionaires Unveiled discuss how much money is enough. What's your answer?

Monday Thoughts - Fire MovementFinancial IndependenceRetireEarly5 Types of FIRE theory- Traditional FIRE: Income- Lean Fire: Reduce your spending, save a large portion of your income- Fat FIRE: save and invest or make money on the side- Baristra FIRE: plan to live partly on your savings and still work part time- Coast FIRE: use passive income to his your targetsSupport the show (https://www.patreon.com/back2basicsmode?fan_landing=true)

I dagens diskuterar FIRE och ekonomisk frihet från ett lite annat perspektiv än vanligt. FIRE står ju för Financial Independence (=ekonomisk frihet) och Retire Early (=sluta jobba / gå i tidig pension). Den första delen har i många år varit ett viktigt mål för oss, men den andra delen har jag aldrig riktigt förlikat mig med. I dagens diskussion som modereras av vår vän Caspian Almerud, pratar vi om allt från olika typer av FIRE (såsom SLIM-FIRE, Fat-FIRE och Barista-FIRE), viljan att bli ekonomisk fri till att man måste definiera vad som är "pension" för en själv. Något som Caspian en live-coaching session i avsnittet gjorde väldigt tydlig för mig (Jan). En typisk sådan insikt som är lite jobbig och som man skäms för.

This week, Sammie and Michelle discuss the creativity and confidence that comes as your net worth increases.  Often times we focus on either the beginning or the end of the FI journey, but there are subtle positive changes that occur along the way.  Sammie and Michelle discuss their experiences with these paradigm shifts. Show Notes:"Lord of the Roths: How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank""What's the Difference Between Fire, Lean Fire, and Fat Fire?" by Adam on MinaFIGraduation Effect/Graduation GogglesStatus Post Adulting Instagram: @statuspostadultingStatus Post Adulting Email:  statuspostadulting@gmail.com 

In this episode, I explain the FIRE movement ( Financial Independence Retire Early), what it represents, how I discovered it, and how it has impacted me.In this episode, you will learn:What the FIRE Movement isThe different types of FIRE (Lean FIRE, Fat FIRE, Coast Fire, Slow FIRE)How to calculate your financial independence numberAssumptions used in FIRE calculationResources to find out more about the FIRE movement and determine your FIRE numberHow to determine how much to invest to reach financial independence  How much you need to invest to reach FIREWhat most proponents of FIRE invest inLeave a review on Apple Podcasts or wherever you listen to podcasts. I read every single review. I will select one review to read on the podcast every month.Subscribe to the podcast, so you never miss an episode: Apple Podcasts | Google Podcasts | Spotify |  iHeart Radio | Amazon Music | Listen Notes |Share the podcast with your family, friends, and co-workers.Links Mentioned in this Episode:Dream of Legacy Book by Anne-Lyse WealthPersonal Capital article - How I reached Coast FIRE while raising 3 kidsAchieving financial independence  article NextAdvisor article - Less than 1% hotel owners are Black women, this 34-year-old is changing the game Business Insider article - How a 28-year-old single mom turned her $1,200 stimulus check into a $1.3 million businessJuno Formerly LeverEdge Jumiino Natural SkincareConnect with meWebsite: dreamoflegacy.comInstagram: thedreamers.podcast or annelysewealthTwitter: annelysewealthIf you like the content and would like to support the podcast, you can buy me a coffee 

What is financial freedom?Financial Independence most simply is the idea that you’ve saved enough money that your money saved, passive income, dividends from money saved, etc., can last you the rest of your life, and you never need to work again. The math supporting this concept is often much lower than most people realize. Our podcast name and the community we’re a part of use the term FIRE, which stands for Financial Independence Retire Early; it’s not about retiring early; it’s about financial freedom.  The concept of retiring early turns some people off because they enjoy working and don’t want to retire, or the concept of not working seems lazy and unproductive. That’s great if you enjoy your job or working and want to do it forever.  Realize that could change at some point in your life.  Financial freedom is having options. Financial freedom gives you the option of retiring early or doing whatever the f*ck you want.  And we want to retire from Corporate America one of these days, that’s no secret for both of us, but we won’t retire and do nothing.  Well, we might do nothing for a while to catch our breath.  We will retire from this type of life and lifestyle.  It’s a path many people don’t realize is attainable. They never thought about it. They are raised thinking the world works only one way and don’t know there were alternative paths. Why might you want to seek financial freedom?Financial freedom provides you with security, options, and ultimately happiness.Having the freedom to do whatever you want is seriously better than any feeling in the world. You’re not held captive to any particular circumstance or situation in life.It gives you a sense of confidence to be yourself and stay true to your ideals.  If something isn’t working for me, I have the ultimate freedom to walk away.  I have the freedom not to get caught up in politics at work and not have to step on other people to get to where I want to be.You are buying your time back.  Time is the most scarce item in the world.  It allows you to pursue your passions, even if those passions don’t bring in a certain size paycheck. And sometimes pursuing passions requires trying things out and failing at something before you’ll ever make any money from your passions. There are many types of financial freedom you can seek.  You can seek complete freedom, partial freedom of not needing to make a lot of money, or nothing at all. The industry has coined many types like Lean FIRE, Fat FIRE, Coast FI, Slow FI, and even Barista FI. How can you seek financial freedom?Live on less than you make.  This is always known as living below your means.  Have a higher than average savings rate.  Invest your savings early and often. Understand and trust the math.  Know what it costs you to live per year, and know your net worth.  Work hard and take pride in your work!  Be a linchpin, as Seth Godin coined the term in his famous book.  For 99% of the world, there’s no “get rich quick” path to financial freedom.  Top 3 takeaways:It’s not about retiring early; it’s about seeking and attaining financial freedom.  Financial freedom gives you the ultimate in security, options, and as a result, happiness.  Almost anyone can attain financial freedom with a bit of focus and follow-through.  Show references:Fioneer’s types of FIRE  2021 Financial Checklist at friends on FIRE etsy store for $32021 financial checklist available on friends on FIRE website for freeNet worth tracking spreadsheetExpense tracking spreadsheetFriends on FIRE episode #27 - Why Tracking Net Worth MattersFriends on FIRE episode #68 - 5 Simple Steps to InvestingFriends on FIRE episode #15 - Expense Tracking Gone Wild ---Follow friends on FIRETwitterInstagramFacebookLinkedInLeave us a voicemail or text us: 404-981-3370eMail us at:  friendsonfiremm@gmail.comVisit our website: www.friendsonfire.orgfriends on FIRE etsy store---Other LinksMaggie’s Blog: Mostly Minimal LifeMike’s Book: Your New Relationship with Money

You may have heard of the FIRE movement, but do you know the different kinds of FIRE? The path to financial independence is not the same for everyone. It's a personal journey that looks different from person to person. Many people have heard of traditional FIRE, but there are other ways to reach financial independence and retire early. Coast FIRE, Lean FIRE, and Fat FIRE are all options that can get you to retirement. Learn more about the ways to retire early and figure out which is best for you! Calculate your Coast FIRE number with Walletburst's Coast FIRE Calculator For a CoastFIRE lifestyle follow The Fioneers For a LeanFIRE lifestyle follow A Purple Life For a Traditional FIRE lifestyle follow Millennial Money Honey and Our Rich Journey For a FatFIRE lifestyle follow @jaymillennial and @mywealthdiary Start your FIRE journey, track your money with Personal Capital --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/millennialmoneyhoney/message Support this podcast: https://anchor.fm/millennialmoneyhoney/support

What happens when a saver and a spender get married? We sat down with a couple today and discussed how they did it. The recipe isn't unique. Typically, we want to know “what's the secret?!”, and more often than not, there is no secret. Work hard, and spend less than you make. Maria and Jerry give us front row seats to hear what they did, how they grew their net worth to $100K at 26 and 29, and now, 10 years later, they are at $1.6 million! Listen and learn how they worked through their different spending mentalities and how they built and increased their portfolio through real estate. Now they plan on achieving FAT FIRE in the next few years! Follow Maria and Jerry on instagram @thoughtshandful and their blog at handfulofthoughts.com. We interview guests all the time who share their financial stories. If you're looking for more financial real life stories, we post episodes every Wednesday. If YOU have a story you would like to share with us please email us at financialclassroom@gmail.com It would also help us out a lot if you subscribe and leave a review on our various podcast platforms! EQ bank is offering 1.5% interest on their savings account! A great place to keep that emergency fund so that it grows WITH inflation! To sign up click on this link: https://api.fintelconnect.com/t/l/5fff1c608284ff001db5f305

Steph from Prescriptions and Paychecks joins the show as our 1st guest to discuss her inspirational debt paydown story. Learn how she & her husband have paid off over $220K in student loan debt and what advice she has for those struggling with debt. GREAT NEWS!!! M1 Finance has a promotion where you get $30 for opening an investment account and funding it with $100. That's A 30% Return On Investment Right There!!! Just Sign Up With This Link: GET $30 My Recommendation: (Steph & I Both Refinanced Our Student Loans To Super Low Rates! Earnest Is Offering A $200 Sign Up Bonus When You Refi Using The Link Below) - Earnest ($200 Bonus) We also discuss topics like CoastFI, BaristaFI, and Fat FIRE. Lastly, we get into tips for investing successfully and why she recently decided to refinance her mortgage. Enter The Giveaway: If you would like to help me please subscribe and leave a review anywhere you listen to podcasts. Send a screenshot of your review to Questions@inspiretofire.com and you will be entered into the giveaway! Prizes include Personal Finance Books, Gift Cards, and Cash Money! Resources: - Nerdwallet Mortgage Refi Calculator - M1 Finance (Buy Fractional Shares) - CoastFIRE - BaristaFIRE - FatFIRE More Resources At InspiretoFIRE.com These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work! --- Send in a voice message: https://anchor.fm/inspire-to-fire/message Support this podcast: https://anchor.fm/inspire-to-fire/support

The boys dissect the difference between Lean FIRE and Fat FIRE. Well, they try to.

Sam (@thesamparr) and Shaan (@shaanvp) discuss today Kanye West's billion-dollar shoe empire (3:59), /r/FatFIRE: Retire living a lavish life (10:36), Ways to generate passive income in 48 hours (23:03), Best interview questions they've been asked (33:01), Stupid D2C gimmicks making millions a week (39:37), Engaging with haters/trolls - someone owes their friend $2m (47:17) and Xprize.org but for enterprise (57:58) See acast.com/privacy for privacy and opt-out information.

The right retirement tips are like gold. The retirement ideas you envision and the pre-retirement planning you do now can make it happen. Imagine the feeling when you do achieve the freedom to retire. And what does it take? More than ever, it takes sound planning, a balanced approach, and discovering a new purpose in retirement. We're honored to have Fritz Gilbert, of the Retirement Manifesto, return to our podcast to share his retirement advice, and talk about his book The Keys to a Successful Retirement. And you'll find this book to be a go-to resource to retire smarter. Professionals planning for retirement, devotees of the FIRE movement (and Fat Fire), and retirees will all find it to be a trusted source of retirement tips, practical retirement planning advice, and inspiration. We discuss: How he and his wife are doing in the pandemic His perspective on the economic impact of COVID-19, as an early retiree How he thinks this will affect the FIRE movement What day-to-day life as an early retire is like - and what's surprised him Which factors mattered most in his pre-retirement planning What inspired him to write his book Keys to a Successful Retirement Why test driving retirement life helped him What differentiates people who do it right in retirement from those who don't Why Attitude & Passion should be part of your retirement planning The role the Freedom for Fido project has played in their retirement life - and what hints it gives you for yours Why finding a new purpose is vital What he learned for his ONE Retirement Question project His advice for pre-retirees ______________________________ Bio Fritz Gilbert retired after more than three decades in corporate America, where he progressed through the various levels of a multinational corporation serving the global aluminum industry.  His award-winning blog "The Retirement Manifesto" is focused on people achieving a great retirement. Fritz and his wife, Jackie, live in a cabin in Blue Ridge, Georgia, an Appalachian Mountain town where they're active in their local church and various local charities, including Jackie's charity Freedom for Fido (FreedomForFido.com). When he's not writing, Fritz enjoys spending his time outdoors and is an avid fly fisherman, mountain biker, hiker, camper, photographer, and fitness fanatic. He also cherishes his daily walks in the woods with their four dogs, who run the household. Fritz and Jackie also travel cross country in their RV to visit their daughter and her family in the Pacific Northwest. _____________________________ Wise Quotes   On Envisioning Your Life in Retirement "Think about what you want your life to be. And there's a direct correlation between those that take more time to think about it and how successful their retirement is. The people that are Type A and hard-charging right up til the end, especially if they lose their job unexpectedly, Boom, they're retired. They tend to be the ones that struggle the most. And it really does go back to this getting onto the off-ramp and mentally preparing yourself to start changing gears. You're getting off the Interstate and you're going back on a country road. You've got to be prepared for how that drive is going to differ. And, taking the time to do that before you hit the country road. No doubt in my mind that's the most important thing people can do."   On Taking Retirement for a Test Drive "I took an extra week off. We, so I made it, 10 days or so, and my wife and I both said, Hey, let's just kind of pretend we're retired. We'll try to really make this like a retirement lifestyle and let's just think about what do we want our days to be.  What do we want our retirement dreams to be? And anything like that that you can do to just put your mindset into the post-retirement lifestyle helps. And do that while you're still working. I've done a lot of research for the book and one of the biggest differentiators is t...

Today's episode features Robert from Stop Ironing Shirts. Robert worked his way up the sales career path. Then in 2019, he retired with over 28x his annual expenses. Fast forward to today and he saw that shrink to 18x his expenses. People often always wonder what it would be like if they retired just before a crash. Now you have the opportunity to see how that looks first hand. Listen, learn, and let us know what you think about Robert's wild ride. Episode Summary Robert's Journey to FI Robert didn't have much money growing up He started noticing the people around him who did Then he tried to reverse engineer how they got there He contrasts how his grandparents had a structured career path and his parents didn't His dad did end up in sales which is where Robert first found the career path Robert Finds His Career He graduated high school in 2000 Robert thought he'd go into computer programming That quickly changed when he hated programming Then he got a department store job celling cell phones This made him realize sales was for him Robert goes over how sales have no politics or ambiguity in pay It also means that you can make as much as you can perform Robert Experiences His First Crash Robert talks about his experience with the 2008 crash He talks about how his 401k was less than his contributions even with company match Then he talks about how you just have to keep plugging away when it's dropping Your earnings in a savings account simply can't keep up with inflation Robert Discovers FI He talks about the life decisions he made once he discovered the FI movement in 2013 The canceled fancy hotels and tried to do some of their own home renovations Some of those changes didn't pan out but the overall path was clear for them They looked and felt like they could retire around 5 years from that moment In 2015 he had a good job opportunity and it locked him into three more years The timing worked out pretty well but pulling the trigger was still scary Crash Take 2 Robert now talks us through what life has been like during this latest crash He went from Fat FIRE to Lean Fire in one month Robert had also taken on a little side gig but was let go because of the turndown He says at this point you just have to give up control By this he means, just stay the course and don't do anything rash Robert also gives us insight into which individual stocks may or may not be favorable as we come out of this crash Especially focusing on companies that are getting bailouts which hinder investors And rest easy, Robert says he's nowhere near considering full-time work   Key Takeaways Sell Your Salary: Robert walks us through the high earning potential that sales brings Trust the Process: Losing 10x your annual expenses in a month can be disturbing but Robert isn't giving up on the process Call to Action Research some companies you're interested in, you don't have to make any individual stock purchases but it can be a fun exercise to vet companies that you may be interested in. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners We are completely obsessed with tracking our net worth to understand our current financial positions (you should be too). Instead of spending dozens of hours adding up all our assets and subtracting our debts, we use a free service called Personal Capital. This free, easy-to-use portfolio management tool aggregates all of your financial data and helps to track your...

“Les valeurs derrière le frugalisme, c'est d'être contre l'archétype de succès et de sur-performance des années 90Vous avez déjà rêvé de vous arrêter de travailler à 40 ans pour vous consacrer à ce qui vous passionne ? Ce nouvel épisode de La Martingale vous propose une solution.Notre invité du jour : On a tous une image du rentier gominé, et roulant dans de grosses berlines. Victor Lora est la preuve que le rentier de 2020 est protéiforme. Il est chargé de projet de l'application Bankin, mais ça n'est pas pour cette activité qu'il est notre invité. Il est avant tout l'un des principaux ambassadeurs du mouvement FIRE - ou frugaliste - en France. Le mouvement FIRE pour Financial Independance Retire Early - soit Indépendance Financière, Retraite Tôt - propose à travers une gestion particulière de son patrimoine, un mode de consommation alternatif et surtout de nombreux investissements, de devenir indépendant financièrement et de ne plus avoir à travailler dès 40 ans. “On ne sait pas de quoi demain sera fait, la seule chose dont on peut être sûr, c'est que plus le temps passe, moins on a d'énergie et plus on a envie de faire autre chose. Le Mouvement Fire permet de faire autre chose, et de supprimer la nécessité de gagner de l'argent ”Au programme de ce quinzième épisode : Une présentation de tout ce qu'il faut savoir sur le mouvement FIRE : En quoi est-ce une philosophie d'avenir en cas de décroissance ? Quelles sont les différentes formes que peut prendre ce mode de vie - Lean Fire, Regular Fire, Fat Fire et Barista Fire ? Quels sont les trois piliers qui permettent d'y accéder? Et surtout, à partir de combien d'euros est-on indépendant ? Bonne écoute par ici si vous préférez iTunes, ici si vous préférez Deezer ou par ici si vous préférez Spotify.Merci à OTEA Capital d'avoir rendu possible cette deuxième saison de la Martingale. N'hésitez pas à faire un premier rendez-vous avec eux si vous souhaitez être accompagnés dans la gestion de vos patrimoines privés ou professionnels.Contactez-les à lamartingale@otea-capital.fr

Riley Adams is here to talk about financial independence and taxes. After all, we are nearing that time of year again. We all know that taxes are something that need to be planned for in advance instead of waiting until it’s time to file. Riley has a master’s degree in applied economics, he is a CPA, and he works at Google. He also runs the website Young and the Invested. This is a place for young professionals to learn about financial independence and entrepreneurship. Riley and his wife live in the Bay Area. She is a doctor and they have a six-month-old son. Riley’s dream is financial freedom for him and his family, so he can work at whatever he wants to work at and not be dependent on a certain employer to make ends meet. We talk about saving, investing, paying yourself first, and the new tax laws. We tackle depreciation, tax savings, and why it’s not a good idea to invest solely based on tax savings. Riley’s enthusiasm for smart wealth building is contagious and this is a fun and informative episode.    Highlights from This Episode  [00:58] Riley is from New Orleans. He has a master's degree in applied economics. [01:47] After graduating, he got a job at the power company in New Orleans. He dealt with financial planning, strategy, and renewable energy policies. [02:04] He worked there for six years. He learned all about your renewable energy, and he even met his wife there. [02:20] His wife graduated from medical school, and now they live in the San Francisco Bay Area. [02:37] Riley now works at Google. His project is to streamline the advertising programs. He and his wife also have a six-month-old baby. [03:42] At the end of 2017, the Tax Cuts and Job Act was passed. [04:08] It's geared toward benefiting corporations by making the tax rate 21% as opposed to 35%. [07:26] Depreciation is when you make a large capital investment, and you can't expense it in the same time that you purchase the asset. You recognize a proportional expense over a period of time. [08:48] Depreciation with rental properties is very common. The depreciation can make a rental property income a loss and lower your taxes. [11:37] You can depreciate the improvements versus the land value. [12:12] The standard deduction was dramatically increased. The idea was to create less work without having to itemize deductions. [16:06] State taxes do things a little bit differently. Each state is different. Navigating multiple states is complex.  [23:35] There can be a huge amount of tax savings if you derive most of your income from qualified passive income. [24:42] Saving on taxes shouldn't drive your decisions for investing. [26:18] Riley is hoping that through wise financial decisions and investing, he will be able to free himself up from employers and have the freedom to do any job that he wants.  [26:56] Millennials want to follow their passion and be able to do what they want to do. [27:38] Riley recommends that millennials pursue financial independence. [29:03] The FIRE movement is about being able to retire early. The Fat FIRE movement is about being able to retire early without scrimping and saving and living such a frugal life. [31:30] Riley and his wife have savings goals. They look at their income and make a savings target. Whatever is left is to spent and enjoyed.  [33:15] They have different IRAs and some shared accounts and a home savings account.  [34:32] Multiple accounts make you liable for multiple capital gains at tax time. [35:15] Young and the Invested is Riley's financial website. His target audience is his wife. [37:01] The site explores ideas on reaching financial independence for young professionals. [38:54] There was an article about him from NerdWallet that was syndicated in the New York Times. [39:19] Sacrifice frivolous purchases to create financial independence.    Links and Resources   Young and the Invested riley@youngandtheinvested.com Mint Tiller Financial Samurai Time Your Credit Card Application This Bonus-Friendly Season Young and the Invested on Twitter Young and the Invested on Facebook

In this episode, Aaron and Trishul explore the FIRE movement. Financial Independence, Retire Early. We discuss Lean FIRE and Fat FIRE and go back and forth on how important savings rates are for achieving future financial goals. We discuss how managing expenses is vital to accomplishing such savings rates. And finally, we discuss the idea that naming a movement may simply be an effective way to implement a variety of sound financial planning principles.Episode ReferencesHappy Money: The Science of Happier Spending by Dr. Elizabeth Dunn & Dr. Michael NortonFinancial Independence, Retire Early WebsiteInvesting Forever - FIREPodcast Description Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.

An often debated topic is discussed today to help you decide whether you should pursue Fat FIRE or not?   Guests who wrestle with the topic in this episode are: Liz from The Frugalwoods Lief from Physician on Fire Jace and Clark Millionaires Unveiled Podcast  

On today's episode, Cody and Justin are joined by Leif from Physician On Fire. Leif didn't even discover the idea of financial independence until he was 40 but has truly hit the ground running. In just three years he has created a massive online following where he helps reach high-income earners to educate them on finances as well as spread the message of giving. He donates 50% of all blog-related income and has donated up to $100k in a given year. Stay tuned to get Leif's background and take on topics such as backdoor Roth IRAs, discovering financial independence at a later age, travel hacking, and his donor fund. Go give it a listen and let us know what you think! Episode Summary Leif was born in 1975 and began understanding money even as a 5-year-old He came from a family of physicians and knew that’s what he wanted to do as well At age 30 he was completely finished with schooling and residency and became an anesthesiologist He was able to keep student loans low by sticking with in-state schools, earning scholarships, and a college fund his grandfather had left him At age 30 he had a slightly negative net worth and didn’t discover the idea of financial independence until he was almost 40 Even before discovering financial independence, he was saving about 50% of his take-home pay but it was intentional The discussion then transitions to the topic of financial advisers targeting high-income members like physicians and possibly taking advantage of them He reaches other high-income earners to help them learn how to invest for themselves and even find a local financial adviser through his blog and Facebook groups One of his Facebook groups is for anyone in the “Fat FIRE” community which he describes as anyone looking to be able to spend $100k or more per year in retirement He then starts breaking down tax advantage strategies especially as they pertain to high-income earners including the backdoor Roth IRA and Mega backdoor Roth Then he describes how he got into blogging and making money through this other source It wasn’t actually until a little over 3 years ago that he discovered financial independence for himself and saw The White Coat investor as a role model in the space His hope was to provide advice similar to White Coat Investor with a voice more similar to Mr. Money Mustache When he first discovered financial independence he had a five-year plan which would have been around 2021 but instead, due to the success of the blog and the realization of his financial situation, he went part-time almost right away We then dive into how he keeps his spending reasonable because so many high-income earners aren’t able to maintain a high savings rate even though they have so much money to work with which he credits to living in reasonable homes, driving cars for 8-10 years, and only eating out a couple of times per month They were spending between $60k-$70k per year for total expenses with a paid off home One area where his family has found efficiencies with spending is through travel hacking Travel hacking just means finding creative ways to use points and miles from things like credit cards and promotions to travel for cheap or even free He has done this for trips with his family to places like Hawaii and Honduras. His family spends around $5k per year on travel but estimates that number could be closer to $25k if he didn’t take advantage of travel hacking We then dive into his goal to spread a message of giving back and his own experiences with doing medical mission work with his family Then we discuss the mechanics behind a donor fund which allows him to donate money now and disperse it in the future where he’s given up to $100k in a given year One advantage of these donor funds is that it allows you to donate investments as well as cash so he was able to donate assets that had greatly appreciated to the fund so he was able to avoid capital gains tax...

FIRE, Financial Independence Retire Early, is something Physician on Fire discovered four years ago. He’s written about it as a state of being able to live the lifestyle you want without having to work for money. FAT FIRE is an above average budget while being financially independent. How does it impact you? Let’s get into it. Take control of your finances with our free financial audit checklist.

Creating Content Wendy and I are new to this world of content creation.  Actually, we both have some experience leisurely writing blogs in the past, but we have never created public content that produced substantial income for us.  Well, all that is about to change, because today we spoke with Marc of the Vital Dollar Blog, and what we learned was so insightful. We will take some time to implement some of the processes he talked about, and hopefully, we can find a way to receive a bit of compensation for all the time we are putting into the show.  Who is Marc Marc is a professional blogger and content creator.   So far he has sold over $1,000,000 in profitable blogs. He currently owns and operates the blog the Vital Dollar. He has an interesting plan for reaching Financial independence while having the flexibility to work at home with his family.  He builds and sells websites. This has been so lucrative for him, that he plans to replicate the process a number of times over. In the podcast, we spoke in depth about how Marc and his wife balance full-time self-employment while raising his children. We talk about how he generates money thus far through his blogs, and what he plans to do in the future in order to reach his FI number.   Marc on Money Marc was born to low-income parents, and he learned to have respect for money early in life.  Later he became a Process Auditor (not a financial auditor). He was thankful to have a job but eventually began to grow a side hustle - a web design company.   He saw some early success with this, but he eventually found out that he enjoyed blogging more than website development.  After a year and a half into blogging and building site, he reached a point where he replaced his income and was able to leave his full-time job. Marc is trying to get to what we refer to as FAT FIRE.  Fat FIRE is when you save up more than the 25x your annual expenses (Marc is going for 50x his expenses). He only found the FIRE movement about a year ago, and through learning about the movement, he set his target savings amount according to his comfort level. Blogging as a Business Marc dedicates full-time hours to his blogging.  His routine has him devoting 50+ hours to blogging every week from home.  As he builds his blog, he makes sure to keep track of his hours. As his blog grows, his goal is to significantly reduce his hours of input.  The beginning inertia of starting a blog seems to be the hardest part. Traffic is difficult to capture and hard to sustain. How did Marc learn to build websites and to blog?  He took one course in college which taught him the basics.   Marc's Blogging Tips Stick with it - you need a long-term focus Network with other bloggers No money for the first 6 months - accept it! Make the content unique, interesting and useful Wordpress is pretty simple Put in the effort - you need to put in the effort to get traffic, Pinterest, facebook groups, blogging groups, forums etc. Marc on the final questions Money Lesson - Learned from his parents - respect money, manage it well, don’t spend what you don’t have.  Low-income parents, that made their money count. Favorite Life Hacks - Credit card rewards have brought joy to their family.  Cashback rewards towards Christmas. Family vacation towards Disney World. Book - Marc reads a lot of blogs and keeps them organized using a feed reader.  For a book, he is reading The Hole in Our Gospel by Richard Stearns - It looks at how we can impact people less fortunate. The impact we could have on poverty in other countries if we cared enough to make it a priority. Contact - VitalDollar.com contact page to email  marc@vitaldollar.com @vital_dollar on twitter.

The thirteenth NewRetirement podcast. This time, Steve Chen is joined by guest Fritz Gilbert — founder of The Retirement Manifesto — and discusses a "Fat FIRE" approach to retirement. Recording, editing done by Davorin Robison. © 2018 NewRetirement Inc.

For this episode, I talk with Gwen Merz, the blogger behind Fiery Millennials and the co-host of FIRE Drill Podcast. As you may have guessed, we go in-depth about FIRE, chat about Gwen achieving financial independence in her 20s, and some terms you may not have her of from the FIRE community. Long description: For this episode of the podcast, I chat with a new friend I made recently at an event called Statement. It was a women in business retreat for women in the financial blogging space, and I can’t even tell you how life changing it’s been. But that’s not what I want to share anyway. I want to share that at this event, I got to meet the amazing Gwen Merz who was able to achieve something not many 20-year-olds can! I’m talking about achieving financial independence.  We chat in-depth about what that actually means, and no, it doesn’t mean she’s retired. For her, it means she saved up enough money to afford to leave her corporate job, move cities and then focus on her blog (Fiery Millennials) and podcast (FIRE Drill Podcast) full-time. It also means she saved up enough money that by retirement age, it will have grown to an amount she could easily retire on.  So I know I’ve had a lot of guests on the show in the FIRE community that have been able to achieve financial independence and retire early, but Gwen’s story might actually be a bit related. She didn’t save up a million dollars and is now living an easy life. She was able to save up $200,000, bought an income property for about $80,000, but still intends to work to earn a living. She’s set things up so in the future she will earn passive income from your property and her $200,000 will have compounded into a way bigger amount she can live off of in retirement. But, she still needs to earn money for her present needs. Which is why now she’s exploring some different entrepreneurial avenues such as making stained glass art and selling it, selling courses on how to start an Etsy store, and monetizing her popular blog and podcast. You see, FIRE isn’t a straight road. You can actually apply the principles in any way you want. There’s no right or wrong way to FIRE!  Here are a couple other things we talked about when talking FIRE.  Lean FIRE vs. Fat FIRE These are terms I recently learned about when I was actually at a FIRE meetup in New York City last month. Lean FIRE is when you’ve saved up enough to live on for the foreseeable future, but you’d be living a fairly frugal life. You’re living in a low cost of living area, your expenses are minimal, and you don’t need that much to live off of. It’s sounds fine if you’re more of a minimalist, but obviously it’s a bit restricting Fat FIRE is when you’ve saved up enough to live the life you really want with little to no restrictions. For instance, I met a woman at the meetup who was on her way to achieving Fat FIRE and she told me her goal was to save up $7 million. Albeit, she wanted to continue living in New York and travel a lot, but it’s a big difference when compared to Lean FIRE. Why the FIRE Community is Exploding  My only comparison to the FIRE community is the debt-payoff community. Two communities that are massive and members are diehards for. With FIRE, to me at least, it’s a bit more exciting. The end goal is to have enough money to live whatever life you want. And that’s exactly why Gwen also thinks the FIRE community is exploding right now. It gives people purpose with their money. Instead of just being responsible with your money so you can eventually afford to buy that car, that house or some trips in the future, it’s way more exciting to save up for early retirement or the freedom to quit your job to start your own business! That’s sort of why I consider myself a bit financially independent. I don’t have enough to retire on or anything like that, but I did have the financial security to be able to leave my job to focus all my energy on my own business.  FIRE Resources You May Want to Check Out Mr. Money Mustache The Simple Path to Wealth by JL Collins Mad Fientist Your Money or Your Life by Vicki Robin For full episode show notes, visit https://jessicamoorhouse.com/163

This week we welcome, The Dude. No, not The Big Lebowski but of equal reverence, The Early Retirement Dude. ER Dude shares the secrets behind how he retired 12-years ago at the age of 36 and never looked back. Mastering financial independence isn't easy, but with the right plan, he believes almost anyone can repeat his formula for success. You won't even need a special blend of 13 secret spices. You just need to: Clearly define your purpose: why do I want to retire early and if I succeed at my plan, what will I do in retirement (to overcome the inevitable boredom)? Decide whether you really want to retire, or do you just need a different career field that actually motivates you? How many of your current costs are fixed versus would be avoided or lowered if you worked from home? Are your financial goals and lifestyle more aligned withLean FIRE or Fat FIRE retirement saving goals? Sponsors: Health IQ – An insurance company that helps health-conscious people get lower rates on life insurance.  Go here to support the show and see if you qualify. References Mentioned in this Show The "Early Retirement Dude" Twitter: @RetireEarlyDude Website: EarlyRetirementDude.com Reddit Recommendation: r/FIRE The History of FIRE Early Retirement’s Magic Bullet Investopedia - The 4-Percent Rule Explained PB59: Kids Cost What?! PB73: Mastering Financial Independence and Student Loans with Robert Farrington PB Blog: How Much Home, Car, and Debt You Can Afford on a 30, 50, and $100,000 Salary PB Blog: Living on 90% of Your Salary Can Help You Save 1x Your Income by 30 and 3x by 40 Thank You for the Support We’ve partnered with NerdWallet for all your personal finance needs at PaychecksAndBalances.com/Tools Looking for more free career development and debt freedom tips? Join our email list at PaychecksandBalances.com/email for exclusive content including show updates, digital giveaways, and more. We don’t spam. We just keeps it real. Yes, keeps. Check out our PATREON page! We’re raising funds to grow the show so we can create more great content that helps you get ahead professionally and financially. Read Marcus’ book, Debt Free Or Die Trying: How He Buried and Dug His Way Out Of Over $30,000 in debt by age 30 on Amazon! LIKE us on Facebook.com/PaychecksandBalances or follow us on Twitter @PayBalances @IamRichJones @THEMarcusGarret and on Instagram.