55 min listen
What We Hate About The FIRE Movement | MHFI 155
What We Hate About The FIRE Movement | MHFI 155
ratings:
Length:
78 minutes
Released:
Apr 4, 2023
Format:
Podcast episode
Description
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
From the listeners
Living off $40,000/year isn’t realistic
Credit card hacking isn’t for everyone
Do you love Mile High FI? Support us over at Buy Me A Coffee. Do you really love Mile High FI? Buy Us Two Coffees! and we’ll quit! You win either way!
Links
Support Mile High FI: Buy Me A Coffee
Doug’s site - Check out the NEW Sleep Post.
Carl’s blog: 1500 Days
--
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shorts & more
**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.**
Brought To You By:
The Doug Show, aka Affiliate Marketing & Side Hustles
1500 Days, Carl's Blog about Early Retirement
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
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
From the listeners
Living off $40,000/year isn’t realistic
Credit card hacking isn’t for everyone
Do you love Mile High FI? Support us over at Buy Me A Coffee. Do you really love Mile High FI? Buy Us Two Coffees! and we’ll quit! You win either way!
Links
Support Mile High FI: Buy Me A Coffee
Doug’s site - Check out the NEW Sleep Post.
Carl’s blog: 1500 Days
--
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shorts & more
**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.**
Brought To You By:
The Doug Show, aka Affiliate Marketing & Side Hustles
1500 Days, Carl's Blog about Early Retirement
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
Released:
Apr 4, 2023
Format:
Podcast episode
Titles in the series (100)
Why Work With *That* Guy and Goals | MHFi 001: Carl and Doug talk about working with each other and why theyre doing the podcast. Carl mentions a rowing machine from Amazon...though any model will do. Doug was reading a Keith McCafferty book. We record on a Zoom Podtrack P4. ★ Let’s h by Mile High FI Podcast