November 2024

How to Calculate Your Savings Rate on the Path to FIRE

Achieving Financial Independence and Retiring Early (FIRE) requires meticulous planning and a keen understanding of your finances. One of the most crucial metrics in this journey is your savings rate.…

Dorian Regester November 30, 20244 minutes

Financial Tools & Resources

Playing FIRE Bingo: A Fun Way to Track and Celebrate Your Financial Independence Wins

As you navigate the journey toward Financial Independence and Retiring Early (FIRE), it’s important to stay motivated and celebrate your milestones along the way. One engaging way to track your…

Dorian Regester November 29, 20244 minutes

Tax Strategies

Understanding Tax Returns on the Path to FIRE: Maximizing Refunds and Minimizing Payments

As you work toward Financial Independence and Retiring Early (FIRE), understanding how your tax returns can impact your journey is essential. Proper tax planning can help you maximize your refunds,…

Dorian Regester November 28, 20244 minutes

Financial Tools & Resources

How to Calculate Your Net Worth on the Path to FIRE

Achieving Financial Independence and Retiring Early (FIRE) requires a clear understanding of your financial position. One of the most crucial metrics to track is your net worth. Calculating your net…

Dorian Regester November 27, 20245 minutes

Debt Management

Achieving FIRE with Bad or No Credit: Is It Possible?

Pursuing Financial Independence and Retiring Early (FIRE) is a transformative journey that involves strategic planning and disciplined financial management. If you’re dealing with bad or no credit, you might wonder…

Dorian Regester November 26, 20244 minutes

News and Trends Politics

Scott Bessent: How Trump’s Treasury Pick Could Shape Markets and the FIRE Journey

The financial independence, retire early (FIRE) community keeps a watchful eye on policies and leadership changes that influence the economy. President-elect Donald Trump’s announcement of hedge fund magnate Scott Bessent…

Dorian Regester November 25, 20245 minutes

How Did I Get Here?

From $0 to Multi-Millionaire in 10 Years – Year 8

In case you missed it, here are the previous parts: Year 1: From $0 to Financial Awareness Year 2: Navigating Setbacks and Growing Savings Year 3: Realizing the Power of…

Dorian Regester November 25, 20248 minutes

Financial Tools & Resources

How to Calculate Your FIRE Number: A Step-by-Step Guide

When pursuing Financial Independence and Retiring Early (FIRE), knowing your FIRE number is essential. This figure represents the amount of money you need to accumulate to comfortably retire and live…

Dorian Regester November 25, 20245 minutes

Estate Planning

Understanding Estate Planning Basics for FIRE

When pursuing Financial Independence and Retiring Early (FIRE), estate planning is an essential aspect of ensuring that your assets are managed and distributed according to your wishes. Effective estate planning…

Dorian Regester November 24, 20245 minutes