PODCAST · business
the fire place
by Mike and Andy
This podcast is part of the fire place project which discusses investing for financial independence and early retirement (FIRE) from a UK perspective. Episodes are in a magazine format and contain items about recent news, interviews with guests, and Q&A sessions.The podcast will appeal to listeners of the Money Gains Podcast, the Martin Lewis Podcast and the Meaningful Money Personal Finance Podcast. We also have a helpful wiki covering a lot of the FIRE concepts here:https://www.thefireplace.info/wiki
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9. Frugality - Why is it Important?
Frugality is a key part of the financial independence and early retirement community, but it's not necessarily all about wearing hair shirts and eating mung beans.We talk about good and bad frugality and the key metric that defines your progress - the savings rate, or the proportion you save compared to how much you earn. Is it easier to increase your savings rate by reducing your spending? Or by earning more? And is frugality still important once you've reached financial independence or early retirement?We discuss how plenty of people find happiness in free activities like being outdoors in nature. And we discuss holidays - many see extensive travel as a key goal for early retirement and how can this be done to align with frugal goals?the fire place communitySupport the show
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ABOUT THIS SHOW
This podcast is part of the fire place project which discusses investing for financial independence and early retirement (FIRE) from a UK perspective. Episodes are in a magazine format and contain items about recent news, interviews with guests, and Q&A sessions.The podcast will appeal to listeners of the Money Gains Podcast, the Martin Lewis Podcast and the Meaningful Money Personal Finance Podcast. We also have a helpful wiki covering a lot of the FIRE concepts here:https://www.thefireplace.info/wiki
HOSTED BY
Mike and Andy
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How many episodes does the fire place have?
the fire place currently has 1 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is the fire place about?
This podcast is part of the fire place project which discusses investing for financial independence and early retirement (FIRE) from a UK perspective. Episodes are in a magazine format and contain items about recent news, interviews with guests, and Q&A sessions.The podcast will appeal to listeners...
How often does the fire place release new episodes?
the fire place has 1 episodes. Check the episode list to see recent publication dates and frequency.
Where can I listen to the fire place?
You can listen to the fire place on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts the fire place?
the fire place is created and hosted by Mike and Andy.
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