Last night I had the opportunity to finally watch “Playing with FIRE” a documentary that follows one family’s journey into F.I.R.E. and the F.I.R.E. Movement. I was left with a lot of thoughts, but on this Fourth of July holiday I was left with this: FIRE is Patriotic AF.
Let’s Talk
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Listen to the Show
The Trailer
Show Notes
- “Life, Liberty, and the Pursuit of Happiness.” Is in the Declaration of Independence. And, it’s (in my view) at the heart of the FIRE Movement.
- Understanding what you really want and what your F.I.R.E. “why” is
- People get confused by the “R” in F.I.R.E. Please FORGET the freaking “R” F.I.R.E. is ultimately about building choice into your life. If you want to continue to work for the next 35 years and have millions in the bank-that changes how you view your job. Doesn’t it? Basically, this is a seeing the forest from the trees conversation.
- I loved watching Scott and Taylor’s relationship ebbed and flowed throughout the year.
- I didn’t connect with Taylor’s car identity, so I thought about how I “show” my “money” and I think it may be a bit regional too. In my case, trips and gear.
- It was really interesting watching the couple move in with their parents. This is very common in African-American and Asian families, in fact, my mom has RECENTLY (like yesterday when I talked about the documentary with her) asked if I needed to live with her to finish working on my financial goals.
- You can begin living some aspects of F.I.R.E. now.
- Currently, I work from home and make money via my blog/podcast/course/books and Money on the Mountain event. Basically, I’ve worked really hard to learn how to make money online so that I can build flexibility into my life. It’s not easy, but it’s worth it. Or, if your field allows you to work from home part of the week-do!
- Take more 3 day weekends if you get time off-maybe you work a little more to earn more PTO (if that’s available to you).
- I loved seeing so many people that I know personally in this documentary. It really geeked me out AND for those of you listening who don’t think this is a real thing, I can confirm that F.I.R.E. is real.
- Extreme youth and F.I.R.E. is problematic because it distracts GenXers and younger boomers from focusing on building financial choice into their life. We are living longer people. If you’re in your freaking late 30. 40’s, or early 50’s you’ve got another 40+ years to go. Perspective, people, perspective.
- It would have been nice to have more interviews with regular wage earners like the teachers at Camp Mustache. One problem with the media on this movement is that there is a heavy focus on higher wage earners vs. sharing a lot more stories from people making $50,000 a year (combined)
- VTSAX-Vanguard Total Stock Market Index Fund Admiral Shares-You need $3,000 to get started
- Manage your emotions as it relates to the ups and downs of the stock market
- It’s the big expenses that make or break everything
- Car
- Housing
- Debt
- Food-I love using the Ibotta Savings app. You can also save on booze, clothes, and Amazon.
- Save more, earn more, invest
- I’m glad that I’ve done a lot of the prep work (paying off debt, etc) while I’m single. It’s going to be interesting to see how this goes once I’m coupled up….
- It would be incredible to do a documentary featuring just people of color (and, I did find the cast diverse).
Show Sponsors
- The Money on the Mountain Retreat-Looking for a space to talk about money from the financially single woman’s perspective? Like Yoga, happy hour, and cool people who want you to win with your money? The Money on the Mountain Retreat will be held October 2019 in beautiful Denver, Colorado. Check out the retreat details at: michelleismoneyhungry.com/retreat or Text: MONEYONTHEMOUNTAIN to 44222 to get on the list and stay in the loop!
- Make Money with Ebooks-Get $50 off the Group and VIP tiers of Make Money with Ebooks today! Use the code: Birthday2019. The sale ends on July 24, 2019.
Resources
If you’re new to the F.I.R.E. Movement, or need some inspirational (instructional) reading to help you on the path. Check out the books below!
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I am an obsessive foodie, but not self-righteous with it, love travel, meeting new people, helping you look good, and am freaked out by people who don't enjoying reading...something! Grab a Perrier, read my blog, feel free to drop me a line! Hope to hear from you soon.
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