What We Hate About The FIRE Movement | MHFI 155

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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**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: doug@milehighfi.com or carl@milehighfi.com

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