We can use principles from different Financial Independence approaches like Barista FI and Coast FI to create a custom-built FIRE strategy to suit your lifestyle and goals. One of my favourite combo strategies is what I call the “Barista-Coast approach” (a mouthful, I know). Let me explain. With Coast FI, we cover our living expenses … Read more
Financial Independence with a family comes with some unique challenges and competing goals. Spending more time as a family becomes a priority for most people after having kids. Many of us look for ways to work less and spend more time with our kids while they are young. In an ideal world, we would all … Read more
Barista FIRE is an alternative Financial Independence approach. While traditional FIRE is still the main goal for most members of the FIRE movement, alternative methods are becoming more popular. Barista FIRE is particularly popular in the US because of the health insurance benefits this approach offers. Barista FI consists of two phases – the accumulation … Read more