Mile High FI Podcast What We Hate About The FIRE Movement | MHFI 155
Apr 4, 2023
01:17:52
Doug and Carl talk about the bad parts of the FIRE movement.
- Cheap people
- Dogmatic approaches
- How the mainstream media writes about FIRE
- Lack of nuance (must we discuss the fv^%ing 4% Rule again?)
- It’s OK to work
- Living off $40,000/year isn’t realistic
- Credit card hacking isn’t for everyone
- Support Mile High FI: Buy Me A Coffee
- Doug’s site - Check out the NEW Sleep Post.
- Carl’s blog: 1500 Days
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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.**
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Email us here: doug@milehighfi.com or carl@milehighfi.com 0:00 Intro 4:30 Mr. Mustache HQ - What's new? 7:50 Doug's health updates 10:38 How you can support us 14:25 Carl's number one issue with FIRE 22:31 Applying a dogmatic approach to FI 28:00 Is having a job necessarily bad? 36:20 Paying attention to details 39:04 Portrayal of FIRE in the media 43:20 The 4% rule (again) 50:30 Annoying things FI people do 53:43 Courses 59:04 Can you live on 400k a year? 1:01:09 Credit card rewards 1:02:50 Teaching teenagers a FIRE mindset 1:04:26 Shifting into decumulation 1:07:26 The ''Spending is bad'' mindset