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Optimal Finance Daily - Financial Independence and Money Advice

1708: This is How Much You Really Need to be Financially Independent by Chris Reining (FIRE)

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 12 November 2021

⏱️ 10 minutes

🧾️ Download transcript

Summary

Chris Reining shares how to calculate how much you really need to be financially independent. Episode 1708: This is How Much You Really Need to be Financially Independent by Chris Reining (FIRE) Chris Reining is a thirty-something guy who provides resources to help manage your money and career to become financially free. His own path to financial freedom has had ups and downs, which is what he writes about on his site. He's been featured in the New York Times, on the Today Show, CNN, CBS, Business Insider, LifeHacker, and more. The original post is located here: https://chrisreining.com/how-much Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Optimal Finance Daily Episode 1708.

0:03.8

This is how much you really need to be financially independent

0:07.3

by Chris Rining of ChrisRining.com

0:10.4

and I'm your host and personal finance enthusiast, Diana Mariam.

0:14.7

Now let's get right to it and start optimizing your life.

0:22.2

This is how much you really need to be financially independent

0:25.4

by ChrisRining of ChrisRining.com.

0:29.3

A year ago I watched Fight Club, so now I'm watching Fight Club again

0:33.4

as a reminder of how much I've grown.

0:36.2

You see, last year I put down my 14-year-old cat,

0:39.7

quit a career that took 15 years to build and retired at 37

0:44.4

while everyone was telling me I was nuts,

0:46.9

and ended a four-year relationship.

0:49.9

All those things happened in three months

0:52.8

and when huge changes are all happening in three months,

0:56.2

it can feel pretty overwhelming.

0:58.7

That's when you lay on the couch and watch Fight Club

1:01.9

and Brad Pitt's character Tyler Durden

1:04.3

says something that resonates with you.

1:06.8

Quote,

1:07.5

It's only after we've lost everything

1:09.9

that we're free to do anything.

...

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