The Irish FIRE Podcast explores the journey to financial independence and early retirement from an Irish perspective. Hosted by Michael Houghton, the podcast covers practical strategies for saving, investing, and working towards financial independence. Each episode dives into topics like tax efficiency, property investment, pensions, and lifestyle optimization, all tailored to the unique challenges and opportunities in Ireland. Whether you’re just starting out or well on your FIRE journey, The Irish FIRE Podcast offers actionable insights to help you achieve your financial goals.
Episodes
Jun 16, 2023
Jun 16, 2023
17 min
In this episode, Michael responses to a listener email. The email asked Michael why he doesn't look to apply more moderation and consistency to his FI journey. Michael responses by talking about the elephant in the room - that FIRE is extreme and that to make it work long term, it often needs to be done in phases.
He also talks about how compounding not only investments, but also our ability to earn income and reduce expenses, ultimately is what makes ones FI journey not a linear thing.
Show Notes:
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