Apr 20 2022 39 mins
We are on FIRE! How do you handle money? How do you define how you live your life? What are you living towards or working towards? There’s working to live and living to work. How will you live your life?
What is the FIRE Movement? FIRE: Financial Independence, Retire Early - a concept birthed by Vicki Robin and Joe Dominguez in their book, Your Money or Your Life. The FIRE Movement has gained a lot of traction with millennials in recent years, and James uses this movement as a foundation for his philosophy of personal finance and life. This is the foundation for everything related to personal finance on The Growing Pains Project.
Learn what the FIRE movement is all about. Learn how to evaluate your current financial situation. Learn your relationship with money. Take control of your life, and don’t rely on that corporate job and big pockets. You want to live a financially independent life, travel when you want, spend time with family, and spend time on yourself? THIS is how we get there.
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What is your philosophy of life and money? What are you doing differently to get closer to financial freedom? Let us know!
Email: [email protected]
Twitter: @The_GP_Project
Instagram: @TheGrowingPainsProject
Join us on this journey of this thing called “adulting”. And let’s work on our Growing Pains together. Thank you for listening, and we hope you come along for the ride.
Resources/References:
Books Foundational to FIRE or Passive Investing:
Your Money or Your Life by Vicki Robin and Joe Dominguez
The Simple Path to Wealth by J.L. Collins
The Bogleheads’ Guide to Investing inspired by John C. Bogle
Podcasts All About FIRE and Taking Control of Your Life:
The Choose FI Podcast with Brad and Jonathan
The Afford Anything Podcast with Paula Pant
How Much Do You Need to Save for Retirement:
NerdWallet Retirement Calculator
Vanguard Retirement Calculator