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cover of episode What We Hate About The FIRE Movement | MHFI 155

What We Hate About The FIRE Movement | MHFI 155

2023/4/4
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Mile High FI Podcast

Frequently requested episodes will be transcribed first

Shownotes Transcript

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

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Links

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	[Doug’s site](https://dougcunnington.com/)) - Check out the NEW [Sleep Post](https://dougcunnington.com/sleep/)).

	Carl’s blog: [1500 Days](https://www.1500days.com/))

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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: [email protected] or [email protected]

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