The Irish FIRE Podcast

In this episode, Michael discusses the great myth or lie about the FIRE movement, the notion of early retirement.  He mentions that most people that achieve FIRE don't actually retire in the traditional sense and continue bringing in some form of income.

While they might retire from the traditional corporate world, chances are income will still come in one way or another, so we should plan for this when looking at our own early retirement planning.

Show Notes

Living a FI:
https://livingafi.com/2021/03/17/the-2021-early-retirement-update

Mr Money Mustache:
https://www.mrmoneymustache.com/2012/05/14/first-retire-then-get-rich

Madfientist
https://www.madfientist.com/third-year-of-freedom

Mr Money Mustache - Definition of Retired:
https://www.mrmoneymustache.com/2013/02/13/mr-money-mustache-vs-the-internet-retirement-police

1500 Days
https://www.1500days.com/thankful-to-be-thankful

Choose FI Quote:
https://money.com/married-couple-fire-million-financially-independent

Savoteur
https://savoteur.com/are-fire-bloggers-truly-chasing-fire

Money Flamingo
https://www.moneyflamingo.com/the-retirement-lie

Follow my FI Progress:

https://www.firepodcast.ie/newsletter

In this episode, Michael talks with Jesse Borst from Money Principles.  Jesse is a professional investor and has his own Youtube Channel, where he shares tips on financial freedom, personal finance and covers topics such as generational wealth.

In this interview, Jesse talks about investing in 2022/23, the importance of building an investing strategy and offers great advice on how to think like a professional investor.

Show Notes:

Jesse's Youtube Channel:
https://www.youtube.com/@MoneyPrinciples

Instagram:
https://www.instagram.com/money.principles

TikTok:
https://www.tiktok.com/@money.principles

Subscribe to the Monthly Newsletter:
https://www.firepodcast.ie/newsletter

In this episode, Michael discusses how he goes about buying investment property in Ireland.  He lists the requirements from the banks, to working with auctioneers, to the in's and out's of putting a property deal together in Ireland.

He highlights the 9 steps he takes when it comes to working through a property deal and shares his experience of buying property in Ireland.

To sign up for the newsletter visit:
https://www.firepodcast.ie/newsletter

In this episode, Michael has a conversational style catch up with Alva Damon, who last appeared on the podcast back in early March 2020.  We talk everything FIRE from:

- FIRE strategies
- Investing strategies
- Property VS Index Funds
- FIRE alternatives
- Travel Hacking & Travel Tips
- Enjoying the FIRE journey & more.

Show Notes:

Flight Deals: www.kiwi.com

Apply for a European Health Card: https://www2.hse.ie/services/schemes-allowances/ehic/apply/

Subscribe to the newsletter at:

https://www.firepodcast.ie/newsletter

In this episode, Michael reflects on his FIRE journey over the last 5 years and lists the top 10 regrets that he has had to date.

From Peer to Peer Lending, too much money in his pension, Forex Trading, Passive Income, Scalable Businesses, having to many companies and more!

Show Notes

Check out the Co-Op I Co-Founded:
https://www.andulra.ie

Company Strike of Services for €200 or so:
https://www.closedforbusiness.ie/strike-off-services

Subscribe to the newsletter:
https://www.firepodcast.ie/newsletter

In this episode, Michael gives an update on his overall FIRE progress and explains why semi-retirement will likely be the best path for his FIRE journey.

Michael has spent the last 12 months increasing his savings rate considerably and with that, he has been focusing on FIRE shortcuts.  However, in 2022 with high inflation, it has made it more and more difficult when it comes to planning for early retirement.

Michael explains why semi-retirement could be the best path for most, especially as it gives a balanced approach to early retirement.

To subscribe to the newsletter, visit:
https://www.firepodcast.ie/newsletter

In this episode, Michael describes daily working life for him.  He briefly described what has happened to him work life over the last 12 months or so and explains how he handles getting through the daily grind.  He discusses how he views work and how he comes up with early exit strategies in the event that he decides that the daily grid isn't worth it.

Show Notes

Follow the Newsletter at:
https://www.firepodcast.ie/newsletter

In this episode, Michael shares a list of 12 ideas to help reduce expenses.

With inflation running at 40 year highs, reducing expenses can be a great way to tackle the impact on inflation.

Be sure to subscribe to the Monthly Newsletter to keep up with Michael's latest portfolio updates:
https://www.firepodcast.ie/newsletter

Show Notes

Article on  upgrading to a more economic car:
https://www.firepodcast.ie/march-2022-portfolio-update

Article on Solar Panel Investment:
https://www.firepodcast.ie/july-2022-portfolio-update

Dolphin Utilities:
https://dolphinutilities.com

In this episode, Michael shares his story of buying an investment property in 2022.

He shares his high's and low's of activity looking for an investment property in Limerick - and explains what has changed in 2022 when buying a property.

Show Notes

Join The Irish FIRE Newsletter by visiting:

https://www.firepodcast.ie/newsletter

In this episode, Michael talks to the author of the Money Flamingo Blog.  Tina is originally from Europe and is now living in Australia.  She become "Flamingo FI" in 2020 and has been living a semi retired lifestyle since then.

Tina tells her own story, and shares her wisdom of why she adopted Flamingo FI.  As she mentions, "the real goal is the happiness that you can achieve along the path [to FI]".

Show Notes:
Check out Tina's blog at (and join her newsletter):
https://www.moneyflamingo.com

Coast FI Grid
https://www.moneyflamingo.com/coast-fi

Join The Irish FIRE newsletter at:
https://www.firepodcast.ie/newsletter