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🗓️ 17 October 2025
⏱️ 41 minutes
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| 0:00.0 | Mindy, is the fire movement dead? |
| 0:02.4 | Nope. |
| 0:03.1 | That wraps up this episode. |
| 0:05.1 | Just kidding. |
| 0:05.9 | The fire movement is dead. |
| 0:07.9 | Or so headlines would have you believe, mostly from influencers who cherry pick anecdotal evidence or Reddit threads and have no actual hard data on it. |
| 0:17.4 | But is the fire movement really extinct or has it just evolved? That's what we're going to get |
| 0:21.6 | into on today's episode of Bigger Pockets Money. Hello, hello, hello, and welcome to the |
| 0:30.6 | Bigger Pockets Money podcast. My name is Mindy Jensen. And with me as always is my fired up co-host, |
| 0:35.5 | Scott Trench. Thanks, Mindy. Great to be here. I think both of us lean, fire is not dead. All right, today we're going to cover the origination of the fire movement, how it's evolved. And then we're going to wrap up by discussing whether we think the fire movement is dead, alive, or has evolved or morphed into something entirely new. All right, should we kick things off and start discussing the origination of the fire movement, Mindy? |
| 0:58.2 | I will say that I think the beginning of the fire movement was back in the early 90s when |
| 1:04.5 | Vicki Robin and Joe Dominguez wrote the book, Your Money or Your Life, that really got people |
| 1:10.4 | starting to think, I don't have to |
| 1:12.9 | work until I'm 65. But it really exploded in the 2000s. What was the fire movement like when you |
| 1:20.3 | discovered it, Scott? Yeah, you know, it's funny just because the original fire movement is always |
| 1:24.9 | when you discovered it, right? Like, that's the, that's from your |
| 1:28.0 | perspective, how it goes. But yeah, I think the right answer to when this thing originated or got |
| 1:33.1 | the ball, the ball got rolling is with, you know, your money or your life. And I'll also give a little bit |
| 1:37.8 | of credit to the millionaire next door in that book, which came out in 1996, and kind of uncovered |
| 1:42.9 | the realities behind American |
| 1:44.5 | millionaires, which was not what a lot of people think. |
| 1:46.9 | It's not flashy cars, big homes, wealth is by definition the money not spent, right? |
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