Podcasts about fiery millennials

Doug Roberts, Chief Investment Strategist at Channel Capital Research Institute — the author of "Follow the Fed to Investment Success" — says that under the new Trump Administration it is possible to return to a status where goods inflation is declining while wage growth pushes core inflation up, which could lead Federal Reserve chairman Jerome Powell to be reluctant to make further rate cuts. While he expects more after Thursday's quarter-point reduction, he thinks the pace of cuts may be slower than many Fed watchers currently anticipate. Jared Hagen, vice president at XA Investments, discusses the unprecedented growth in interval and tender-offer funds that has happened this year and how the number of funds in registration guarantees that the trend will continue through 2025. And Gwen Merz of the Fiery Millennials blog and her husband Tim Joiner — co-hosts of the FIRE Talks podcast — help Chuck answer a question from a listener whose financial life is off to a great start but who is so busy trying to reduce debt that she's struggling to find a comfortable work-life balance.  

Gwen Merz Joiner, who runs the Fiery Millennials blog, says that living a radical financial life trying to amass a nestegg to quit working left her exhausted and unfulfilled, but as she loosens the purse strings today, she notes that she is in her 30s and has amassed a nest egg sufficient to get her through retirement without ever setting another dollar into her 401(k). She describes the ups and downs of FI/RE -- financial independence, retire early -- in an interview from FinCon 2024. In other interviews from the conference being held this week in Atlanta, Chuck chats with Doug Nordman of Military Financial Independence, Charly Stoever of the Unicorn Millionaire podcast, and Zach Whelchel of My Budget Coach. plus, making his regular Thursday appearance on the show, Todd Rosenbluth, the head of research at VettFi, makes Fidelity Corporate Bond fund his ETF of the Week.

Most folks have no problem spending their money. I hate to say it, but shopping is basically an American pastime! It certainly drives production as data shows that consumption is responsible for ⅔ of our economy. But not everyone indulges in retail therapy- hopefully the majority of listeners to the podcast are less likely to mindlessly spend. And there's a certain subset of folks who actually struggle with the opposite problem: they mindlessly save. We frequently discuss Financial Independence Retire Early, and we're excited to be joined by a recovering member of the FIRE movement, Gwen Merz. Gwen has been a part of the community for years. She's the creator behind the blog Fiery Millennials and was recently featured in multiple Business Insider articles. And now she's working on a book documenting her FIRE journey!- here's a quote from her book proposal: “Supersavers will improve the quality of their lives by shedding maladaptive behaviors and emotions…”. It turns out that the habits that lead to more savings and investments, may not be the same ones that lead to happy and fulfilling lives. Listen as we discuss Gwen's introduction to FIRE, how far she pushed her savings rate, a failed attempt at investing in real estate, her spending experiments, and more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear' is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It's fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Georgia On My Mind Wholesome Wave Collab by Piedmont Brewery! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you're not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.

What do you enjoy spending more money on? Maybe you like to stay at top-rated resorts when you travel? Or, you enjoy the experience of a nice dinner out? And what things do you spend less on because your experience isn't an better when you spend more? Generic vs. name brands at the grocery store? Or taking public transportation when you travel? Today our roundtable discusses a blog post about spending more on what you value and being frugal in other areas of spending and your life. Cody Berman from The FI Show and Gwen Merz from Fiery Millennials join our roundtable with Len Penzo to talk about mindset and what they value as it relates to financial independence. And you don't want to miss the guesses our roundtable has for Doug's Houdini-related trivia today! Enjoy! Learn more about your ad choices. Visit megaphone.fm/adchoices

How far would you go to save a few bucks, or even pennies? Mom always said all things in moderation, but it seems like these super-savers didn't get the memo. Remember, you can always put your energy into increasing your revenue streams, but playing the extreme frugality game quickly steps into the realm of diminishing returns. This round-table originally aired in 2018, but espcially after our last year, the push for extreme frugality could return to the forefront. You can read our (mostly) original show notes below: Being financially prudent is one thing, but when does saving money cross the line into being extremely, and possibly even grossly, frugal? Helping us answer these questions are today's special guests: from the Fiery Millennials blog, we welcome Gwen Mertz; and from this here podcast, we welcome our very own OG and Taylor. (2021 note: On this show's original run Gwen was still co-hosting the Fire Drill podcast, and Taylor didn't join the Basement until about 18 months later. Pretty cool.) Halfway through the show we'll take a little break to talk to Jason Brown from Tally. Making the decision to get on the road to financial freedom is a good one, and paying off credit cards and debt can be a major road block. We'll sit down with Jason doing our FinTech segment and see just how his company is setting out to help people climb out of debt. And of course, we'll still have take some time to throw out the Haven Life Line to Joe, who wants to retire in the next few years. There's just one problem: Joe has no goals for retirement life. Can we throw some resources his way so he can figure out what he wants to do? Learn more about your ad choices. Visit megaphone.fm/adchoices

Is it better to buy a home or rent? The topic is debated often in the personal finance community. While I tend to lean towards the buying side of the equation, my guest this week makes a strong argument for the flexibility of renting. Gwen Merz is a 30-year old Millennial and founder of the blog, Fiery Millennials. A few years ago, Gwen tried her hand as an entrepreneur, buying a multi-unit rental property, which she also lived in. Eventually, she sold the property and decided that renting was a better option. She joins me on the show to discuss her experiences with both renting and owning a home, and she explains why buying is not always the best choice. You can find the show notes for this episode at https://maplemoney.com/145 Do you prefer to invest in socially responsible companies? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, cleantech, human rights, and the environment. To get started with Socially Responsible Investing, head over to https://maplemoney.com/wealthsimple today!

If the FIRE movement is so inspirational, why is it constantly under attack? More heat was lobbed at the early retirement movement last week by a couple of industry insiders on Twitter. To help us, we welcome the FIRE-y woman behind the Fiery Millennials blog, Gwen Merz, Len Penzo from Len Penzo dot com, and the wonderful Doc G from the What's Up Next podcast! These intelligent, retirement-focused people will be discussing the tweet that started quite the firestorm. If you or anyone you know has student loans, you'll want to listen to our Friday FinTech guest, Michael Block. He's the CEO and Founder of Pillar which is an app to help you pay back your student loans and save money. Early users have reported some huge wins, so we had to get the details from Michael about how it works. And finally, during our MagnifyMoney call in segment we will answer a question from an anonymous woman on how she will be affected by inheriting a ROTH IRA. As always, we'll quiz our contributors with an epic game show question about National Beer Can Appreciation Day from our neighbor, Doug. We'll have all that and more on today's show! We hope you can join the fun!

#54: Gwen Merz, blogger at Fiery Millennials, came on the show to chat about the time when she got caught up working almost obsessively at accumulating mass amounts of wealth to retire early. She describes in detail how it affected her sanity when she saved up to 70% of her take home pay, and some of the hard lessons she learned. We also go into whether or not she regrets what she did and if she would recommend someone do the same things she did. For resources mentioned in the episode, head to beyondthedollar.co/54

Gwen Merz on Fiery Millennials, financial independence and saving $200 by age 30 – MAF193 On the show this week, I chat to Gwen Merz, the founder of Fiery Millennials, a blog site dedicated to making sense of finances for young people. We talk about how Gwen saved $200,000 whilst in her twenties and how she built her blog to help others achieve financial independence. Welcome to episode 193 of the Marketing and Finance Podcast. We chat about: How Gwen saved rather than spent her money Why Gwen set up the Fiery Millennials blog How she built her website by not following "the rules" Making financial advice less complicated How to make financial services an enticing career option Gwen’s advice to millennials seeking financial independence Who is Gwen? Gwen started her blog three and a half years ago after finding a ‘Financially Independent Retiring Early’ (FIRE) community during college. While it provided value, there was no-one young, female and starting out on their financial journey to relate to. Realising that most bloggers were at a different life stage, Gwen created the blog she wanted to read. It helps her make connections, find new ideas and understand how others live. She worked for a large, globally-recognised corporation and intended to retire at 35. By age 27 she’d saved $200,000, which over the next 30 years will compound to $1.5m without additional contributions. Links and Show Notes. For links to the books and apps mentioned, please visit http://rogeredwards.co.uk/MAF for the show notes. What is the Marketing and Finance (MAF) Podcast? The podcast for ideas and inspiration on marketing your business and growing your business, and for discussing topics on all things finance. I’m Roger Edwards, a marketing guy and keynote speaker from Edinburgh. Talk to me if you want to cut the BS and complexity from your marketing strategy. The MAF Podcast is a 30-minute radio show you download from http://rogeredwards.co.uk/MAF, iTunes or Spotify. Each week you'll hear interviews with business experts, marketers, entrepreneurs and journalists. Interviews to listen to in the car, on the train or on the treadmill. Or even in the bath! We talk about: How you can grow your business using content marketing and social media How you can keep your Marketing strategy and communications simple Topics, issues, products and business models from the world of finance You’ll take away one or two big ideas that you can apply to your business. So, you can keep marketing your business to keep growing your business. Please subscribe to the Podcast on iTunes and I’d be grateful if you would leave a review. http://rogeredwards.co.uk/itunes Fancy Appearing on the Show? Would you be interested in appearing on the MAF Podcast? Have you an exciting marketing or finance story to tell? Do you fancy drawing out some inspirational ideas that MAF listeners can take away to use in their own businesses? Do please contact me if you want to get involved. http://rogeredwards.co.uk

What would you do if you could have financial independence, retire early, and explore your own interests and hobbies? I'm chatting with Gwen of Fiery Millennials on how she did it, and how you can too.  You can find full show notes at: http://www.amandaabella.com/podcast57/

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

On today's episode of The His & Her Money Show, we've brought in Gwen from Fiery Millennials! Gwen is an IT professional, co-host of Fire Drill podcast, and a superstar saver who's passionate about spreading the word on and reaching her own ultimate goal: financial independence! By the time Gwen was 25, she'd saved up six figures - her story is inspiring and we can't wait for you to learn how she did it!     WHAT YOU WILL LEARN IN THIS EPISODE The benefits of living below your means What is financial independence, and how to attain it The biggest financial independence "killers" Good debt vs. bad debt RESOURCES Fire Drill Podcast Financial 180 Mint App Personal Capital JLCollins.com The Simple Path to Wealth by J L Collins Set For Life: Dominate Life, Money, and the American Dream by Scott Trench Your Money Or Your Life by Vicki Robin MrMoneyMustache.com  MadFientist.com Thank You For Listening! Thanks for tuning into us on The His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post. Also, please leave an honest review for The His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and we do read each and every one of them. Today’s episode is sponsored by our friends at Credit Sesame. Credit is one of the most important things you’ll ever need throughout your entire life for student, car, home, and personal loans, etc. Credit Sesame gives you a free credit score, and so much more. They also provide free personalized finance tips and tools updated every month. Once you sign up for a Credit Sesame membership, you will get free identity theft for up to $50,000. It is an absolutely free product and they do not require a credit card. They will open the door to your financial future.

There are joys and horrors -- but mostly horrors -- of Tinder dating. Maybe it can be better. More info. The post [Adulting B040] When Tinder Gives You Sriracha Steve and Butt Boy ft. Gwen, Fiery Millennials appeared first on Adulting.

039R | In today's podcast we discuss Episode 39 with Gwen from Fiery Millennials, plus a 'Cruise Control Path to FI' case study example and voicemails from our community members. In Today’s Podcast we cover: The Friday Roundup after Episode 39 with Gwen from Fiery Millennials A whole new FI world for Brad and Laura after their youngest daughter went to kindergarten They have the opportunity to live more of a FI lifestyle and have to now figure out what that looks like Second Generation FI and examples of Brad’s kids exhibiting their behaviors ChooseFI is an opportunity for Brad and Jonathan to share these stories with their kids and also document their FI paths Gwen’s lightbulb moment she had during college and how that changed her trajectory How intelligent Gwen was with her college decision and pursuing a full scholarship Brad should have focused his own college search on places where he could have gotten a full merit scholarship The concept of the ‘cruise control path to FI’ Second Generation FI Case study example of how savings would work maxing out their 401k from 22 to 32 The value of compounding over decades The importance of starting to save early and the concept of time as a Pillar of FI The ability to put money into your kid’s Roth IRAs even if they are under 18. We need to do more research on this to document what’s allowed Example of putting $5,500 into a Roth IRA for a five year stretch from 13 to 18 and what it would be worth at age 60 Jonathan’s example of contributing to a 401k from 32 to 60 You have to get started and take action today, even if you’ve made the “wrong” decisions in the past Gwen’s desire to build up the FI community is incredibly impressive Announcement of the last three finalists for the PopUp Business School competition with Alan Donegan Voicemails from the three finalists Voicemail from Justin about the career path of an air traffic controller as a path to FI making significant money without a college degree Itunes book giveaways Links from the show: Fiery Millennials Go Curry Cracker The Wealthy Accountant PopUp Business School USAJobs.gov

039 | In today's podcast we have a conversation with Gwen from Fiery Millennials about her millennial path to FI plus some hacks that she used to save on college and increase her savings rate. In Today’s Podcast we cover: Our guest on Episode 39 is Gwen from Fiery Millennials Was Gwen from the generation that grew up with electronics from day 1? A background on Gwen’s story saving money when she was younger. She saved 50% of her income Gwen pursued dual enrollment classes and entered college with 23 college credits Gwen did the research with the college first to determine what credits would count Brad’s example of programs that exist in Virginia and likely other states where you can attend a community college and transfer to a state university Gwen joined the Air Force in the Air National Guard to pay for college, but actually got a merit scholarship from her college Gwen still has 8 semesters of free college remaining for the future due to these dual scholarships How did Gwen find the concept of Financial Independence? Finding FI helped Gwen keep on the path and be conscious of her consumerism and save more Gwen’s search for an internship via job hiring boards or job fairs What’s the difference between searching on the job board and the job fairs? How to look professional and make a positive impression at a job fair Your FI path is dramatically easier when you do things right from the beginning Gwen was maxing out her retirement contributions How you can be on cruise control if you do the right things the first 10-15 years of your career Gwen had a roommate when she got out of college so she was only paying $450 per month in rent Gwen pursued rental real estate after attending the Chautauqua She landed on the idea of ‘house hacking’ for her rental property She bought a triplex and the rental from the 2 other units more than pays for her rent, so she is paying $0 out of pocket for living expenses Gwen feels she may have rushed into buying a property since she bought the second property she looked at Gwen is maxing out her 401k, HSA and Roth IRA and then additional savings go towards future down payments Gwen’s savings rate should be around 80%, but extraordinary expenses on her rental home bring it down around 50% Gwen still has her car from college and she intends to hold it for years to come What are Gwen’s plans for the future? Hot seat questions 

On today’s episode of the Financial Independence Podcast, Gwen from Fiery Millennials and Julie from Millennial Boss join me to talk about millennial finances and what young people should do to reach financial independence as quickly as possible! Highlights: Thoughts on Chautauqua and Camp Mustache (including the awful financial advice Julie received in Ecuador) How Gwen landed her dream job and how Julie increased her income by 600% in 5 years The benefits of starting your own blog Why Gwen is the real-life Guinea Pig How to get a college degree for free (or as cheaply as possible) Why everyone should have a side hustle How to negotiate a higher salary (including Julie’s story of how she earned an additional $80,000 by negotiating!) What to do if you already have an inflated lifestyle