Philosophy – Identify your “why”; Psychology – Reduce spending; Work Ethic – Increase income; and Finance – Grow wealth. These are the four pillars around which a new book on FIRE evolves. Route2FI has written an extensive book review.
Cheesy Finance runs the numbers on what kind of lifestyle he’d have to have to have a 0% savings rate.
Podcast: How to Pursue Part-Time Financial Independence | by FI Europe Working part time while pursuing FI means enjoying some of the benefits of FI before actually being FI. Jessica (Fioneers blog) talks about her approach of small steps on the journey to FIRE in this FI Europe podcast. You can read the full transcript here. Podcast created by financial-independence.eu
Mr Fight to FIRE has been digging into some statistics on how many generations it can take to climb the ladder from low income to middle income in different countries, and reflects that FIRE is out of reach for some people.
Podcast: The Challenges and Opportunities When Reaching FI in Serbia | Halt Catch Fire Peter from Halt Catch Fire has answered our questions in our Bloggers on FIRE series. He also got interviewed in the financial-independence.eu podcast. His home country Serbia might be a good spot for digital nomads. You can read the full transcript here. Podcast created by financial-independence.eu
Nicola over at The Frugal Cottage looks at eco-friendly alternatives to products she and her familiy buy often – and their cost.
Mrs YFG from Young FI Guy shares her experience of getting your partner on side