🔥FIRE🔥: Financial Independence, Retire Early | The Vault Episode 27
Description
In Episode 27 of The Vault, we discuss the FIRE (Financial Independence, Retire Early) trend, before diving into our listener dilemmas:
- ”Am I trying to do too much?”
- ”My parents keep avoiding their will”
We celebrate a community member's huge win in maintaining a strong net worth despite recent expenses on a new kitchen and a holiday to New York, thanks to continued savings and investment growth! 🥳
If you’d like to share your money win, head to the community in the Financielle app or email thevault@financielle.com
Send your (totally anonymous) money dilemmas to thevault@financielle.com and we may feature yours on a future episode 💌
Chapters:
00:00 Introduction and Budgeting Challenges
00:23 Welcome to The Vault
00:38 British Humor and TV Appearances
02:10 Understanding FIRE (Financial Independence, Retire Early)
03:03 The Rule of 25 and Financial Strategies
05:29 Sacrifices and Realities of FIRE
17:12 Financial Wellness and Excess Journey
19:02 Dilemma: Balancing Multiple Financial Goals
20:13 Increasing Pension Contributions
20:32 Balancing Multiple Financial Goals
22:17 Emergency Fund and Investments
24:26 Clearing Debt and Prioritizing Savings
26:41 Community Win: Net Worth Update
27:54 Dilemma: Parents Avoiding Their Will
36:34 Normalizing Conversations About Wills
40:05 Conclusion and Final Thoughts
The Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.
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About Financielle:
Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.
Recorded and Produced by Liverpool Podcast Studios
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