1984: Reclaiming the FIRE Movement for High-Value Work by Kyle Mast

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

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🗓️ 5 August 2022

⏱️ 10 minutes

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Summary

Kyle Mast of True Hourly Wage talks about reclaiming the FIRE movement for high-value work Episode 1984: Reclaiming the FIRE Movement for High-Value Work by Kyle Mast Kyle Mast is a husband, father, financial planner, real estate investor, and lover of good conversations over coffee. He lives just south of Portland, Oregon. He launched True Hourly Wage to be able to help more people than he is able to serve individually in his financial planning practice. His hope is that you are able to find at least one idea or concept from his writing that will improve your financial and personal life today and well into the future. The original post is located here: https://www.truehourlywage.com/thw-blog/reclaiming-the-fire-movement-for-high-value-work Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily Episode 1984, reclaiming the fire movement for high-value
0:07.6	work by Kyle Mast of TrueHourilyWage.com and on your host and personal finance enthusiast,
0:15.6	Diana Mariam.
0:16.6	We're going to get right to today's post as we optimize your life.
0:25.1	Re-claiming the fire movement for high-value work by Kyle Mast of TrueHourilyWage.com.
0:33.8	I've wanted to write this post for quite some time, but I have continually put it off because
0:39.9	I want to get it just right.
0:42.0	However, I will probably never get it just right, so I'm just going to take a swing at
0:47.0	it.
0:48.4	Quick intro to the fire movement.
0:51.2	One of the most significant movements to come along in recent years and the personal
0:54.9	finance space is the fire movement.
0:57.8	If you haven't heard of it, fire stands for Financial Independence Retire Early.
1:02.8	This movement has been slowly building over the past decade.
1:06.6	However, in the past two to three years, it has exploded into the mainstream world of
1:11.0	personal finance to include tremendously helpful blogs and podcasts and even a documentary.
1:18.2	While the fire movement takes on many forms when it comes to people's personal finances,
1:23.0	in general, it focuses on reducing your expenses to a minimum, while finding ways to save
1:28.4	a very high percentage of your income, think 50 to 90 percent of your income, especially
1:34.5	through tax-advanced accounts, which then accelerates the ability to retire early,
1:40.2	usually anywhere within 5 to 20 years.
1:43.8	The Desire to Fire.
	...

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