In this episode, Michael responses to a listener email. The email asked Michael why he doesn't look to apply more moderation and consistency to his FI journey. Michael responses by talking about the elephant in the room - that FIRE is extreme and that to make it work long term, it often needs to be done in phases.
He also talks about how compounding not only investments, but also our ability to earn income and reduce expenses, ultimately is what makes ones FI journey not a linear thing.
Show Notes:
Download and try The Die With Zero Calculator:
https://www.moneyflamingo.com/free-resources/
Subscribe to the Monthly Newsletter:
https://www.firepodcast.ie/newsletter
5 Takeaways from ’Die With Zero’
The Element of Luck
The Truth About Work
Planning for Withdraws in Early Retirement
Is the Traditional FIRE Movement Dead?
Coast FI with Anders, The Coast FI Guy
Why I Buy Property
The Great FIRE Myth
Money Principles with Jesse Borst
My Property Strategy
A FIRE Conversation with Alva Damon
My Top 10 FIRE Regrets
All Roads Lead to Semi Retirement
Dealing with the Daily Grind
12 Inflation Busting Money Saving Tips
Buying Property in 2022
Flamingo FIRE - The Money Flamingo Interview
Some Things Are More Important Than Money!
The Three Phases of FI
Investment Trusts with Andrew Driver
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast