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Why the FIRE movement doesn't work for your Ideal Life episode artwork

Sep 9, 2024 10 min

Why the FIRE movement doesn't work for your Ideal Life

from Ideal Life & Money Academy Hosted by Mike Staunton & Jason Lam

Be sure to check out the ILMA Budget/Debt Elimination Course: https://www.sentinelcoaching.com/ilmabudget F.I.R.E. Financial Independence Retire Early Coach Mike used to get into the FIRE movement and realized after years of aggressively saving that it wasn't the best way to live his Ideal Life. Learned over time that "I'm going to DO something for the rest of my life" and that typically comes with a financial exchange. If you're into the FIRE movement, don't get caught in these downsides: Never "get there" Reach it so late that you miss years of enjoyment Reach it so late that you pass away a few years later Don't keep moving the financial number, the feeling of not enough! Ask yourself: What are you even saving for?!? Reminder: NEVER make decisions based on fear.

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