There are so many families in the world who are trying to reach FIRE. We have really enjoyed sharing these stories with you. And hope to provide you with a little bit of inspiration to keep on working towards your goals. Being a family working towards FI isn’t much different than if kids were not in the equation. But one thing that does stand out when you do have a family is finding that work/life balance. This is especially evident…
This is our third FIRE Family interview. We have learned from our other two interviews that families may have a different approach to reaching Financial Independence but that the core values are the same. This also holds true for today’s FIRE family. Today, we talk to Kayla and Ryan from Family and FI. Together they have faced adversity and overcome challenges. They have worked hard to educate themselves about money management in order to provide a better life for themselves…
In this Families Who Fire Interview we talk to Nick from FIRE The Family. This young family from Texas includes Nick, his wife Kayla, and their three boys. Nick and Kayla have been married for 10 years and have worked together during this time to organize their finances and come up with a plan to FIRE. Nick is a veteran and between himself and Kayla they have earned 5 degrees with miraculously no student loan debt. Together they have worked…
M1 Finance is an online platform that is best known for its investing capabilities. But if you dig a little deeper it has a lot more to offer than just investments. M1 Finance also offers a checking account with debit card as well as a money borrowing option. On the investment side, M1 Invest has some pretty amazing and unique features. This platform allows you to create a highly customizable portfolio in conjunction with an automated investing service. They are…
We have started a new interview series to highlight Families Who FIRE. When we first started our FIRE journey we read a lot of blogs and listened to a lot of podcasts. We were most inspired by the stories of people who were on the path to financial independence. Hearing the stories of others who FIRE got us excited and motivated us to work hard to meet our financial goals. One question that we often see is “Is it possible…
There are a lot of people in this world who are looking to get out of debt fast. Unfortunately, the statistics tell a sad story of how people in the U.S. are inundated in debt. Having debt hanging over your head can be overwhelming. The thought of having to dig yourself out of a big debt hole is daunting to say the least. Debt can be the cause of unnecessary worry and stress in our lives. Statistics According to the…
What is a budget and how do you create a budget? These are the two important questions that we will answer today. Some of the links below are affiliate links. As an Amazon Associate we will earn a commission if you decide to make a purchase through our link, at no additional cost to you. A budget is a financial plan based on your income and expenses. It is a way to organize your finances and estimate how much money…
Ever stop to question why you are working so hard? Is it to live for today? Or to save for tomorrow? Maybe it is to leave a financial legacy for your children? For most of us, it is probably some sort of combination of all of these things. We all work to put food on the table and a roof over our heads. Most of us work to save for future expenses and retirement. And those of us with children…
The desire to live a meaningful life is a quality of our inherent human nature. You have probably heard the expression “Live Your Best Life.” It is usually a slogan associated with ads or pictures of happy people living extraordinary lives. This association may make you think that this is something unattainable. But in reality, finding your happy existence is your own personal journey. Everyone has their own idea of what a meaningful, happy life is for them. The beauty…
It is the middle of May and summer is just around the corner. But for most of us here in the U.S. we have had “stay at home” orders forcing us to be home all day, every day, with our immediate family. Those of us with little ones at home probably wish there was an actual parenting guide out there to tell us exactly what to do in this situation. Like most other parents, we are just trying to get by. …