The Irish FIRE Podcast explores the journey to financial independence and early retirement from an Irish perspective. Hosted by Michael, the podcast covers practical strategies for saving, investing, and designing a life of financial freedom. 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
Wednesday Jul 03, 2024
Wednesday Jul 03, 2024
In this episode, Michael covers the 7 steps to financial independence. He also gives a personal portfolio update, as well as gives his own definition of financial independence.
Show Notes:
The Die with Zero Calculator:
https://www.moneyflamingo.com/free-resources/
The Money Flamingo Update:
https://www.moneyflamingo.com/is-this-still-semi-retirement/
Subscribe to the newsletter:
https://www.firepodcast.ie/newsletter
Wednesday Jun 05, 2024
Wednesday Jun 05, 2024
It has been 5 years today since The Irish FIRE Podcast launched - what better way to celebrate with a personal update from Michael, sharing his thoughts on defining enough, as he is looking to adopt early retirement.
Show Notes
Mad Fientist Bill Perkins Interview:
https://www.madfientist.com/bill-perkins-interview/
Join the newsletter for monthly updates:
https://www.firepodcast.ie/newsletter
Tuesday Apr 23, 2024
Tuesday Apr 23, 2024
In this episode, Michael continues his conversation with Kel, AKA Mrs Smart Money, who embarked on a "No Spend Year™" in 2019. She reduced her family's expenses by over €27,000, leading her to write a best-selling book, Mindful Money: More Money, More Freedom, More Happiness, became QFA qualified and became a money coach. Since her no spend year, she has harnessed her scientific background to create a powerful coaching formula to help others build the lives they deserve.
In part 2, Kel shares details of what happened after her no spend year and how she was able to follow her passion to help more people take control of their finances.
Show Notes
Learn more about Kel at her website:
https://www.mrssmartmoney.com
Or you can catch up with her daily insights over on Instagram:
https://www.instagram.com/mrssmartmoneyhq
Or on Linked In:
https://www.linkedin.com/in/kel-galavan-money-mindset-coach/
Subscribe to The Irish Fire Podcast Newsletter:
https://www.firepodcast.ie/newsletter
Wednesday Mar 27, 2024
Wednesday Mar 27, 2024
In this episode, Michael talks with Kel, AKA Mrs Smart Money, who embarked on a "No Spend Year™" in 2019. She reduced her family's expenses by over €27,000, leading her to write a best-selling book, Mindful Money: More Money, More Freedom, More Happiness, became QFA qualified and became a money coach. Since her no spend year, she has harnessed her scientific background to create a powerful coaching formula to help others build the lives they deserve.
In part 1, Kel shares details of what led her to adopt the no spend year and how things played out as she embarked on this unconventional path.
Show Notes
Learn more about Kel at her website:
https://www.mrssmartmoney.com
Or you can catch up with her daily insights over on Instagram:
https://www.instagram.com/mrssmartmoneyhq
Subscribe to The Irish Fire Podcast Newsletter:
https://www.firepodcast.ie/newsletter
Sunday Feb 25, 2024
Sunday Feb 25, 2024
In this episode, Michael takes a close look at intentional money spending. He explains how becoming good at spending money is a skill and gives examples of good and bad money spending habits.
Show Notes
Join the newsletter at:
https://www.firepodcast.ie/newsletter
Tuesday Feb 13, 2024
Tuesday Feb 13, 2024
In this episode, Michael talks to Stephen about travel and FIRE. Stephen is originally from Ireland but has spent time in Canada as well as countries all over the world. Stephen spent 6 and a half years back packing around the world, while saving for FIRE. Stephen works in hospitality, picking up jobs as he travels, traveling on a budget and saving for FI at the same time.
These days, Stephen is semi FI and he talks with Michael about how he built this lifestyle, how he will adapt with children, offers travel advise and how he defines his FIRE lifestyle.
Show Notes:
Follow Stephen at:
https://www.youtube.com/@outoftheboxtraveler
https://www.instagram.com/outoftheboxtraveler
JL Collins new book:
https://www.amazon.co.uk/Pathfinders-Extraordinary-Stories-Financial-Independence/dp/B0CKWFWF95/
Subscribe to the newsletter:
https://www.firepodcast.ie/newsletter
Sunday Jan 28, 2024
Sunday Jan 28, 2024
In this episode, Michael talks with Andrew, who was last on the podcast in 2021 talking about Investment Trusts. This time, Michael and Andrew compared property VS stock. Likely the most discussed topic on many FIRE groups, what is the better investment, property or stocks?
Andrew looks at the pros and cons of each and makes a conclusion about the better investment.
Disclaimer: Michael and Andrew are not professional investors and nothing in this episode should be considered financial advise.
Show Notes:
Andrew's previous podcast episode:
https://www.firepodcast.ie/investment-trusts-with-andrew
Join the newsletter:
https://www.firepodcast.ie/newsletter
Monday Jan 15, 2024
Monday Jan 15, 2024
In this episode, Michael continues his conversation with Tom, a 26 year old pharmaceutical salesperson based in Wexford.
In part two, we cover:
- Tom discussed the power of the flexible work place and reasons not to worry about retiring early if you love your job.
- Why the real journey from FIRE is to build a life you around work, rather than trying to escape from work.
- Why the RE of FIRE is really just about leaving the 9-5 grind, more so than retiring in the traditional sense.
- Michael compares his life from 2017 to today - to highlight how FIRE has changed his life.
- Tom discusses how he plans to adjust his life for potentially having a family one day.
- Tom discusses his financial education and how he discovered the FIRE movement.
- Tom discusses property and why he likes investing in property
- Tom and Michael give their opinion on cryptocurrency
- Tom and Michael discuss compound interest.
Show Notes:
If you missed part 1 of the interview, go back and have a listen:
https://www.firepodcast.ie/the-gen-z-fire-blue-print
Subscribe to the newsletter:
https://www.firepodcast.ie/newsletter
Friday Dec 15, 2023
Friday Dec 15, 2023
Tom, a 26 year old pharmaceutical salesperson based in Wexford, shares his FIRE story with Michael. Tom was able to save €40,000 by the time he was 25 and purchase his first house aged 26.
Tom's story is inspiring as he managed to avoid so many of the common financial pitfall's from such a young age. His story shows what it possible when making sound financial decisions from a young age and is a blue print for anyone looking to pursue financial independence at any age.
There will be more to come in part two of this interview.
Show Notes:
Follow Michael's process at:
www.firepodcast.ie/newsletter
Friday Nov 10, 2023
Friday Nov 10, 2023
In this episode, Michael pays tribute to the Money Flamingo website (https://www.moneyflamingo.com). He mentions how Tina's work has been a huge motivator for him, especially since 2021 and explores how many attributes from the Money Flamingo website are starting to apply to his own FIRE journey.
Show Notes:
Link to the Money Flamingo Article:
https://www.moneyflamingo.com/time-to-semi-retire/
The Die with Zero Calculator:
https://www.moneyflamingo.com/free-resources/
The Money Flamingo Podcast Interview:
https://www.firepodcast.ie/flamingo-fire-the-money-flamingo-interview
Subscribe to The Irish FIRE Podcast Monthly email:
https://www.firepodcast.ie/newsletter