Inspire To FIRE Podcast (Financial Independence Retire Early)

Millennial Money Woman joins the show today to share her awesome money tips for millennials including investing strategies, buy vs rent decisions, and other money myths. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 M1 Finance Referral Step By Step Guide We Also Discuss - Why Dollar Cost Averaging (DCA) Is Helps You Build Wealth - How to Decide Between Buying or Renting a Home - Millennial Money Myths Please Subscribe & Leave A Review More Resources - Investing In Index Funds - VTSAX vs VFIAX - QQQ vs VOO - VTSAX vs VTI - SWTSX vs VTSAX - FSKAX vs FXAIX - VOO vs VOOG - VTI vs VOO Find More Episodes At InspiretoFIRE.com/Podcast These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work! Disclaimer: This is not tax, investment, or financial advice.  This is a podcast meant to entertain. None of what is said should be taken as financial advice.  Please consult your own advisors regarding your own matters.

Craig The FI Guy joins the show today to share his amazing house hacking journey and how that has led him to become financially independent in less than 5 years!  He's also got a great book on the topic, it's called The House Hacking Strategy. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 We Also Discuss - What Is House Hacking? - Why House Hacking Is The Fastest Path To FI - How You Can Get Started Please Subscribe & Leave A Review More Resources - The FI Team - FatFIRE - Calculate Your FIRE Number - Lean FIRE Find More Episodes At InspiretoFIRE.com/Podcast These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work! Disclaimer: This is not tax, investment, or financial advice.  This is a podcast meant to entertain. None of what is said should be taken as financial advice.  Please consult your own advisors regarding your own matters.

Delyanne The Money Coach joins the show today to share her story and to share her tips for becoming a successful investor.  We also discuss her amazing FI plan of moving to Portugal. Sign Up For Her Slay The Market Class Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 M1 Finance Referral Step By Step Guide We Also Discuss - The Best Way To Invest In The Stock Market - Investing Vs Paying Off Debt Please Subscribe & Leave A Review More Resources - Delyanne's Website - VOO vs SPY - QQQ vs VOO - SPAXX vs FZFXX - VOO vs VIIX - VOO vs VOOG - VOO vs VFIAX - VT vs VTI Find More Episodes At InspiretoFIRE.com/Podcast These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work! Disclaimer: This is not tax, investment, or financial advice.  This is a podcast meant to entertain. None of what is said should be taken as financial advice.  Please consult your own advisors regarding your own matters.

Sean Mullaney is known as the FI Tax Guy and he joins the show today to talk about why we should all be using the Roth IRA on our path to financial independence. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 M1 Finance Referral Step By Step Guide We Also Discuss - Major Advantages Of A Roth IRA - Create An Artificially Low Income To Avoid Taxes Please Subscribe & Leave A Review More Resources - Sean's Website - FI Tax Guy Blog - An Ode To The ROTH IRA - Roth Conversion Ladder - Popular ETFs Find More Episodes At InspiretoFIRE.com/Podcast These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work! Disclaimer: This is not tax, investment, or financial advice.  This is a podcast meant to entertain. None of what is said should be taken as financial advice.  Please consult your own advisors regarding your own matters.

Mrs. Miller from @mrsmilleronfire joins the show to discuss generational wealth and why it's not all about the money.   We also introduce the term "Wealth Guilt" and share the negative feelings that can come from more money and how to handle it. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 M1 Finance Referral Step By Step Guide We Also Discuss - Generational Wealth - Wealth Guilt - Planning To Care For Aging Parents While Pursuing FI Please Subscribe & Leave A Review More Resources - Wealth Guilt - How I Overcame it - How To Build Wealth (A Beginners Guide) - VOO vs VOOG - Rich vs Wealthy Find More Episodes At InspiretoFIRE.com/Podcast These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

Mike & Maggie from Friends On FIRE joins the show to discuss the pros and cons of the corporate career path.  We also discuss different strategies to fight lifestyle inflation & Maggie's passion for minimalism. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 M1 Finance Referral Step By Step Guide I Highly Recommend Reading Mike's Book - Your New Relationship With Money By Michael O'Leary Learn More About Minimalism On Maggie's Blog - Mostly Minimal Life We Also Discuss - How To Benefit From Corporate America In Pursuit Of FI - Fighting Lifestyle Creep - Minimalism Please Subscribe & Leave A Review Other Resources - Dirty Money On Netflix - Friends On FIRE Podcast - Forced Scarcity - Getting Off The Hedonic Treadmill - How To FI Find More Episodes At InspiretoFIRE.com/Podcast These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you).  Thank you for supporting my work!

In this episode, I'm breaking down all the madness with GameStop Stock, The RobinHood Boycott, what it all means for you! Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 Resources: - The Simple Path To Wealth - Boglehead Guide To Investing  - Investing vs Speculating - Investor Chamath Palihapitiya: The GameStop story is pushback against the Wall Street establishment - ARKK vs QQQ - QQQ vs SPY - VTI vs SPY - VTSAX vs SPY - MGK vs VUG - FZROX vs FXAIX Find More Episodes At InspiretoFIRE.com/Podcast These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

Chris Mamula author of the book Choose FI: Your Blueprint to Financial Independence joins the show to discuss his FI journey & why he says FI is not an all-or-nothing proposition. The ChooseFI Book is the official blueprint to FI and a must-read! Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 We Also Discuss - Writing The ChooseFI Book - Being A Valuist - Creating The Lifestyle That Makes You Happy Please Subscribe & Leave A Review Resources - Can I Retire Yet Blog - Eat The Financial Elephant Blog - Choose FI: Your Blueprint to Financial Independence - Learn About Coast FIRE - Learn About Lean FIRE - $50,000 A Year Salary - Access Retirement Funds Early - How To FI Find More Episodes At InspiretoFIRE.com/Podcast These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

Steph from Prescriptions and Paychecks joins the show as our 1st guest to discuss her inspirational debt paydown story. Learn how she & her husband have paid off over $220K in student loan debt and what advice she has for those struggling with debt. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 M1 Finance Referral Step By Step Guide My Recommendation: (Steph & I Both Refinanced Our Student Loans To Super Low Rates! Earnest Is Offering A $200 Sign Up Bonus When You Refi Using The Link Below) - Earnest ($200 Bonus) We also discuss topics like CoastFI, BaristaFI, and Fat FIRE.  Lastly, we get into tips for investing successfully and why she recently decided to refinance her mortgage.    Enter The Giveaway: If you would like to help me please subscribe and leave a review anywhere you listen to podcasts. Send a screenshot of your review to Questions@inspiretofire.com and you will be entered into the giveaway! Prizes include Personal Finance Books, Gift Cards, and Cash Money! Resources: - Nerdwallet Mortgage Refi Calculator - M1 Finance (Buy Fractional Shares) - CoastFIRE  - BaristaFIRE  - FatFIRE  More Resources At InspiretoFIRE.com These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

Cindy Zuniga from Zero Based Budget joins the show to discuss how she paid off $215K in debt!  We also discuss considering your student loan debt to income ratio. Lastly, we talk about approaching FI in a balanced way. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 We Discuss - Her Debt Payoff Strategy - Debt to Income Ratio Rule of Thumb - Approaching FI In A Balanced Way Please Subscribe & Leave A Review Resources - Earnest (Offers The Lowest Student Loan Refi Rates) - Zero Based Budget Coaching - The Financial Diet - Investing In Low Cost Funds These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

Tripp Lanier from The New Man Podcast joins the show to discuss escaping the rat race.  We start with his personal growth story and what he has found to help us all live a more fulfilled life. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 I Highly Recommend You Read His Book! It Also Makes For A Great Gift. - This Book Will Make You Dangerous We also discuss if the concept of Financial Independence/Retire Early (FIRE) is just another "rat race". We Discuss - His Personal Growth Story - Escaping The Rat Race - 4 Pillars Of Happiness Subscribe & Leave A Review If you would like to help the show you can subscribe and leave a review anywhere you listen to podcasts. Resources - Learn More About Tripp - Tripp's New Man Podcast - Escaping The Rat Race Guide - Getting Off The Hedonic Treadmill - F You Money - 4 Types Of Wealth - Rich vs Wealthy Learn More At Inspire To FIRE These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

Lucinda Cross from Activate Your Vision joins the show to discuss her inspirational story and what she is doing today to empower women, youth, and people of color. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 Lucinda's Best Selling Book Has A Ton Of Actionable Tips & Strategies For A More Abundant Life - Lucinda's Book: The Big Ask She also shares the power of the vision board and tips for entrepreneurship. We Discuss - Her Inspirational Money Story - Empowering Women/Youth/People Of Color - Entrepreneurship Subscribe & Leave A Review If you would like to help the show you can subscribe and leave a review anywhere you listen to podcasts. Resources - Lucinda Cross Personal Page - Finding A Business Mentor - Class Divide: HBO Documentary About Avenues In NYC - Creating A WE Nation Ted Talk Lucinda Cross - VWO vs IEMG - VYM vs VOO - MGK vs QQQ - SCHD vs VOO - SCHD vs SPHD - ARKK vs VGT You Can Find The Full Show Notes Here These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

J Money from Budgets Are Sexy joins the show to discuss how he became a successful blogger and if it's still possible today. J Money has been a model of consistency, blogging for over 12 years now.  He has helped bring together the personal finance community through his personal blogs. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 M1 Finance Referral Step By Step Guide My Recommendation: (The Fastest Hosting With Amazing Customer Service 24/7) - Start Your Own Blog With NameHero Hosting We Discuss - J Money Money Story - Starting A Blog In 2020 - Importance Of Tracking Your Net Worth Subscribe & Leave A Review If you would like to help the show you can subscribe and leave a review anywhere you listen to podcasts. Resources - Budgets Are Sexy - J Money Biz - Track Your Net Worth With Personal Capital - Digit App Find More Resources & The Full Show Notes At InspiretoFIRE.com These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

Bola Sokunbi from Clever Girl Finance joins the show to discuss her money story and how she drew inspiration from her mother the "Hustle Queen".  Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 My Recommendation: (Bola Has 2 Fantastic Books For Getting Out Of Debt & Learning To Invest) - Clever Girl Finance Books Bola is a Certified Financial Education Instructor, money expert, and the CEO, best-selling author, and founder of Clever Girl Finance.  Bola has created an amazing community filled with resources like FREE courses to help you achieve your dreams of financial wellness. We Discuss - Her Inspiration & Money Story - Common Money Mistakes - How She Saved $100,000 In Just Over 3 Years - Her Mission To Increase Financial Literacy Listen to the episode on Apple Podcasts, Spotify, Google, Anchor, or on your favorite podcast platform. Subscribe & Leave A Review If you would like to help the show you can subscribe and leave a review anywhere you listen to podcasts. Resources - Clever Girl Finance Free Courses - Clever Girl Finance Podcast - ETF Comparisons - Learn About Roth Conversions *More Resources At InspiretoFIRE.com These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

Paula Pant from AffordAnything.com joins the show to discuss exploring an alternative definition of financial independence.  Many of us in the FIRE community have heard the traditional definition of financial independence. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 Traditional Definition: FIRE Number = 25 x Annual Expenses However, with Paula, we discuss how financial independence can actually be a moving target. Alternative Definition Of Financial Independence: Financial independence is the state in which your potential passive income, typically through investments, is enough that you could make decisions from a place of hope and desire, rather than fear or obligation. - Paula Pant We Discuss  - Alternative Definitions Of FI  - The 1% Challenge - Building A Passive Income  - Minding Your Financial Gap  Listen to the episode on Apple Podcasts, Spotify, Google, Anchor, or on your favorite podcast platform.  Subscribe & Leave A Review  If you would like to help the show you can subscribe and leave a review anywhere you listen to podcasts.  Resources - Take The One Percent Challenge - How Much Is Enough? - What's The Most Awesome Lifestyle? - The Power Of Marginal Gains - Lean FIRE *More Resources At InspiretoFIRE.com

Jeremy from Personal Finance Club joins the show to discuss how he started a multi-million dollar business and what he is doing today to help the individual investor. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 Here is a Step By Step Guide To Getting The M1 Finance $50 Bonus We Discuss - Turning Down A Job Offer From Microsoft - Upside Of Starting Your Own Business - Prioritizing Your Investments - Investing Strategies (Index Funds vs Target Date Funds) Resources - VOO vs SPY - QQQ vs VOO - VOO vs VOOG - VTI vs VUG - VUG vs VOO - Invest Like A Robot - Investment Growth Calculator - Time The Market Game *More Resources At InspiretoFIRE.com

In today's episode, Vee from Vee Frugal Fox and Weir Digital Marketing joins the show to share her incredible story. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 She managed to pay off $60,000 of debt and start her own business. All while dealing with unfortunate life events such as divorce and job loss. She shares how she managed to persevere during this time and what she is doing now to help the community.  We Discuss:  - Her Debt Payoff Strategy  - Handling A Divorce & Job Loss  - Starting Her Own Business  - Rover Side Hustle  - Saving Money On Prescriptions With GoodRx  Enter The Giveaway:  If you would like to help me please subscribe and leave a review anywhere you listen to podcasts.   Send a screenshot of your review to Questions@inspiretofire.com and you will be entered into the giveaway!  Resources:  - 6 Proven Ways To Pay Off Debt On A Low Income  - 4 Reasons You're Failing At Rover  - 8 Ways To Save Money At The Pharmacy  - Finance On The Fly *More Resources At InspiretoFIRE.com These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

JL Collins from jlcollinsnh.com and author of "The Simple Path To Wealth" joins the show today to talk about the essentials of investing!   My Recommendation: (If You Want To Be A Successful Investor You Have To Read JL's Book) - The Simple Path To Wealth By JL Collins He is an inspiration to those in the FIRE community and has made a meaningful impact on thousands of people with his investing philosophy.   I truly believe his book is the only resource you need to become a successful investor.  It was a pleasure to have him on the show and I hope you appreciate the valuable information shared. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 We also get into his thoughts on: - Investing In a Bear Market/Recession - Housing: Buying vs Renting - Owning REIT's, Gold, Or Other Investments - Exciting Chautauqua News - 9 Basic Principles - Calculate Your FIRE Number Resources: - Stock Series - Why Your House Is A Terrible Investment - A Guided Meditation For When The Stock Market Is Dropping - F-You Money Video (Not Work or Kid Friendly) - Time Machine & The Future Returns For Stocks *More Resources At InspiretoFIRE.com VTSAX Comparison: VTSAX vs VTI FZROX vs VTSAX VTSAX vs VFIAX VIGAX vs VTSAX VTSAX vs VOO VTSAX vs VTSMX These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

In this show, I speak with Becky from twentyfree.co & the Find Your Freedom Podcast about how she took the leap of starting her own business right before the pandemic. She discusses what gave her the courage to leave her stable corporate job in pursuit of entrepreneurship.   She also breakdown exactly how to use virtual assistants to help you grow your business.   Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 Resources:  - The 4 Hour Work Week  - Your Money Or Your Life  - Shockingly Simple Path Behind Early Retirement - $30 An Hour Is How Much A Year? *More Resources At InspiretoFIRE.com

Shang from Save My Cents and I discuss the importance of having the right mindset for financial independence.  She lets us in on strategies she uses to rewire her thinking and overcome life's struggles. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 M1 Finance Referral Step By Step Guide Highly Recommended Reads: - The Millionaire Next Door   - Mindset: The New Psychology of Success   - The Power of Habit: Why We Do What We Do in Life and Business We also discuss how she has been able to reach financial independence while living in a high cost of living area (NYC). Lastly, we go over advice for tackling healthcare costs! It's important to note, Shang graduated with minimal or no student debt. Her college and MBA education were paid for by a combination of her parents' savings and scholarships.  That gave her a huge advantage and boost while pursuing financial independence. Having said that, her story is still an inspiration for how to adopt the right mindset for success and happiness!  Enter The Giveaway:   If you would like to help me please subscribe and leave a review anywhere you listen to podcasts.  Send a screenshot of your review to Questions@inspiretofire.com and you will be entered into the giveaway!  Prizes include Personal Finance Books, Gift Cards, and Cash Money!   Resources: - 8 Ways To Save Money At The Pharmacy - FIRE Community's Favorite ETFs *More Resources At InspiretoFIRE.com These notes may contain affiliate links, which means I receive commissions if you choose to purchase through links I provide (at no extra cost to you). Thank you for supporting my work!

In this episode, I go over an introduction to financial independence/retire early (FIRE).  I also discuss the strategy I'm using to reach FIRE called the FIT Strategy.   It's an acronym for the 3 steps I'm taking to expedite my FI journey. Start Investing Today With M1 Finance: ($50 Bonus Offer) M1 Finance is giving you $50 for opening an investment account and funding it with $100. That's a 50% Return On Investment Instantly!!! Just Sign Up With This Link: GET $50 M1 Finance Referral Step By Step Guide Support The Show Subscribe and leave a review anywhere you listen to podcasts. Resources - FIRE Calculator  - FIT Strategy - Post Retirement Calculator - Best ETF Comparisons - Average Salary More Resources At InspiretoFIRE.com