4.6 • 2.8K Ratings
🗓️ 14 February 2025
⏱️ 41 minutes
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The FIRE movement is popular in the Personal Finance space. It has a lot of values and goals that people resonate with. However, not everyone wants to retire early.
So while FIRE may not be for everyone, the lessons that this movement can teach you about personal finance are incredibly valuable, no matter when you end up retiring.
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Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.
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0:00.0 | What the fire movement can teach you about money, no matter when you want to retire. |
0:08.0 | Brian, I am so excited to talk about this because fire movement gets a lot of press. |
0:14.0 | Some of it's positive, some of it's negative. |
0:16.0 | And rather than speaking to the merits of fire or whether you should do it or how you should do it, |
0:21.1 | I think that there are lessons that everyone can learn from some very important things |
0:26.4 | that fire movement participants and proponents have figured out thus far in their journey. |
0:30.8 | I like to think, you know, we live here in Nashville, which is the Music City. |
0:34.9 | And one of the cool things when you hang out with professional musicians is that they can play any song and any key and just change a few variables and it changes the numbers. |
0:44.0 | But it still works out. |
0:45.5 | I like to think that we're going to be that tour guide today. |
0:47.6 | We are the Nashville musicians of the financial world. |
0:50.8 | We're going to tickle the keys of the financial independence retire early movement. |
0:55.0 | That's exactly right. |
0:56.0 | For those of you that are not familiar with what the fire movement is, that's exactly what it is. |
1:00.0 | It's financial independence retire early. |
1:02.0 | It's this idea that there are things that I can do. |
1:06.0 | There are ways I can influence my financial situation that I can reach the end goal that most people want |
1:11.6 | to reach, but I can do it more quickly than others. And what we want to do is we want to take |
1:16.3 | some of those lessons and tactics that fire movement proponents have used and figure out how |
1:21.6 | can we apply that to our financial lives so that we also can do money better. I'll lean into the things I really love about this because that financial independence |
1:30.8 | is a very valuable thing because the first thing, I love the thought of you owning your time |
1:37.3 | that much sooner. |
... |
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