In this episode… Today we share how to nail down the big categories of spending – housing, cars, food and holidays. Because getting these right really ramps up your savings rate and your ability to build wealth faster! These are ideas we’ve implemented in our own lives so we wanted
Continue readingPodcast: Our Thoughts on Other Asset Classes (Bonds, Bitcoin, Gold and More!)
In this episode… You’ve already heard our thoughts on shares and property. So, on this week’s show we share our views on the other investment options we’re regularly asked about… Bitcoin and crypto. Gold and commodities. Fractional property investing. Peer-to-peer lending. Real estate investment trusts and infrastructure. And mortgage
Continue readingHow to Get Through the ‘Boring’ Middle Part of the FI Journey
When we begin our big adventure towards financial independence, it’s extremely exciting. We can see the dollars building up. We can see our future options expanding. The later stage of the journey is also filled with anticipation and excitement, as we count down the days to freedom. But what about
Continue readingPodcast: FIRE Away! – Listener Questions Roundup
Welcome to our first Q&A episode, where we answer a bunch of questions sent in by listeners. We’ve got a great range of topics to discuss to kick things off, so I hope you enjoy it. As always, you can send us a question – fireandchillpod@gmail.com – and we’ll feature it
Continue readingInvesting in 2021 – Comparing the Options
I don’t normally do articles like this. But because 2020 was so bizarre, I feel like it makes sense to take stock of our options in 2021. Ideally, things will be heading back towards some type of ‘normal’ this year and you’ll have regular savings to invest. So let’s take
Continue readingPodcast: FIRE Philosophy – Lessons from the World’s Greatest Cult
In our first episode of 2021, we discuss the mindset and thought process inside the FIRE movement. Let’s be honest, the FIRE movement has turned into somewhat of a cult! But it’s a positive, empowering and help-each-other-prosper kind of cult. Our philosophy, values, and beliefs are often very different from
Continue readingOur 2020 Household Spending Revealed
Let’s kick off 2021 by taking a look at how much the Strong Money household spent last year. We’ll take a look at what categories went up, what went down, and how it all compares to last year. If you’d like to check out previous spending reviews, you can do
Continue readingGreatest Hits of 2020 and Recommended Reads
Today I’m sharing a list of my most popular articles and podcasts from 2020. On top of that, you’ll find out the best books I read this year and why I enjoyed them. The idea is to provide you with nicely curated list of content for the holidays. For those
Continue readingLooking Back on 2020: Our Year in Review
It’s true what they say. Each year goes by faster than the last. Unfortunately, I can confirm this is still the case when you’re no longer in full-time employment! While 2020 was no exception here, it threw us a few more curveballs than your average year. In this update, I’ll
Continue readingPodcast: How Much Do You Need to Retire Early?
In this episode, we break down exactly how much you need to retire early. What is ‘enough’? We explore the famous 4% rule, where it came from, and whether it’s still a reliable rule of thumb. We also explain how to live off your assets in practice, other considerations like
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