4.7 • 1.9K Ratings
🗓️ 23 November 2022
⏱️ 38 minutes
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0:00.0 | Alex met Sam at nursery. They were first loves. They built forts together, shared sandwiches in high school and were each other's first kiss. |
0:12.0 | They were the dream couple until Sam got into EDM music. |
0:18.0 | While Alex enjoyed folk, first loves are kind of like your current account. If they aren't working for you anymore, |
0:26.5 | maybe it's time to switch with the current account switch service. |
0:30.0 | So money is brought to you by CNET, the site that shows how to navigate change all around us. |
0:36.5 | So money episode 1439, all things fire. Financial independence retire early with Nick Wollney, senior editor at NextAdvisor. |
0:46.5 | You're listening to so money with award-winning money guru Farneesh Karabi. Each day, in a 30-minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farneesh herself. |
1:00.5 | Looking for ways to save on gas or double your double coupons? Sorry. You're in the wrong place. Seeking profound ways to live a richer, happier life. Welcome to So Money. |
1:13.5 | The people who are the mouthpieces of the fire movement, sometimes they veers into influencer territory where you've got people that are really flashy. |
1:21.5 | They're driving their Lamborghini off into the sunset and they're like, look at my financial freedom. |
1:26.5 | And it's, it's so kind of creates it. |
1:28.5 | Yeah, it's interesting. |
1:30.5 | I know, yeah, those people are usually ironically like drowning. |
1:35.5 | Welcome to So Money. Everybody. I'm Farneesh Tarabi. We are visiting the fire movement today, a topic that we have touched on many times throughout the years on So Money. |
1:44.5 | But today, bringing on Nick Wollney, who is senior editor of the financial independence vertical at NextAdvisor. |
1:51.5 | The fire movement, which stands for financial independence retire early, gets its roots in the early 1990s and it has evolved very interestingly over the decades. |
2:01.5 | Nick has covered this territory with a magnifying glass interviewing fire followers, fire devotees. He's here to give us a 101 on this movement, the fire number, how to calculate your fire number and the future of fire. |
2:15.5 | A little bit more about Nick. At NextAdvisor, he manages and publishes content that empowers readers to design their futures, implement entrepreneurial personal finance strategies and live more intentional lives. |
2:27.5 | He has previously contributed to fast company, business insider, fortune, out magazine, entrepreneur, and he was named a 40 under 40 by the Houston business journal in 2021. Here's Nick Wollney. |
2:43.5 | Nick Wollney, welcome to So Money. |
2:45.5 | Thanks for having me. It's great to be here. |
2:47.5 | It's great to know you. You are a colleague of ours at NextAdvisor, partner site owned by red ventures as well. |
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