In this episode, Aaron and Trishul explore the FIRE movement. Financial Independence, Retire Early. We discuss Lean FIRE and Fat FIRE and go back and forth on how important savings rates are for achieving future financial goals. We discuss how managing expenses is vital to accomplishing such savings rates. And finally, we discuss the idea that naming a movement may simply be an effective way to implement a variety of sound financial planning principles.
Episode References
Happy Money: The Science of Happier Spending by Dr. Elizabeth Dunn & Dr. Michael Norton
Financial Independence, Retire Early Website
Investing Forever - FIRE
Podcast Description
Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.
Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.