FIRE and minimalism with Gary

In this FIRE podcast, the topic of minimalism is explored as a component of financial independence and the ability to retire early. I discuss the benefits of living a minimalist lifestyle, including reduced expenses, increased financial stability, and the ability to focus on what truly matters in life. I delve into the practical steps of decluttering and downsizing possessions, as well as the mindset shift necessary to embrace minimalism. I also address common misconceptions and provide tips for those interested in pursuing minimalism as a path to financial independence. How I retired at 49.

PLAY ON CASTBOX

Episode 3 - Increase your income - FIRE plan

Episode 3 - Increase your Income Here are the links I reference in the podcast: Pod Twitter Account - https://twitter.com/firewithgarypod Buy a Business - https://www.bizbuysell.com/f Dayne Jay Youtube - https://www.youtube.com/@DanieJay Capital One FIRE - https://www.capitalone.com/learn-grow/money-management/what-is-the-fire-movement/ Mint - https://mint.intuit.com Links to the Podcast: https://linktr.ee/firewithgary Summary - find your number Decrease expenses Now - increase income or find new sources of income Maybe real estate Maybe buy a business Maybe MLM if you’re a salesperson with an affiliate business Maybe Uber/Lyft/Doordash Maybe weekends as some type of gig work Resources - YouTube Tutor online - teach English

01-15
21:07

Episode 2 - Expenses - have you started tracking? Where can you cut? How much will that be worth in the future?

Here I cover what ChatGPT and other online tools identify as household expenses and my own personal experience in trying to cut down on expenses. For most people it's significantly easier to cut down expenses than it is to increase income. Doing both will help you reach your FIRE number faster, but it's all about making sure you have a plan.  https://www.valuepenguin.com/average-household-budget  - here are the average household expenses  http://www.math.com/students/calculators/source/compound.htm - here is the compounding calculator  This link gets you $20 off your first bill. - Check out this page: https://www.visible.com/get/?3MFGCRG, it has all the info you need to know about joining Visible. When you use my friend code, 3MFGCRG, you’ll get your first month of service for $20-off! Here is Stetson's page on YouTube for choosing cellphone plans - https://www.youtube.com/channel/UCwOokOU1RakmtuiCZFactGg

01-07
20:57

EPISODE 1 - What's your Fire number? How do you calculate it? What resources are out there to help?

Here's the first podcast and it's a VIDEO podcast. Here I discuss how I retired at 49 and how I came up with my number. I also provide resources. The goal by the next episode is for the listener to have their FIRE number so that we can move on to other tools. The 2 things you should have by the next episode are your yearly expenses and your FIRE number.  Here are the links I reference in the podcast: Pod Twitter Account - https://twitter.com/firewithgarypod Retirement Calculator - https://www.playingwithfire.co/retirementcalculator Investopedia definition - https://www.investopedia.com/terms/f/financial-independence-retire-early-fire.asp Mint - https://mint.intuit.com Personal Capital - https://www.personalcapital.com Links to the Podcast: https://linktr.ee/firewithgary 

01-02
18:11
View All on Castbox

Recommend Channels