One major focus of this blog is to showcase alternative FIRE strategies that help you claim your time back sooner so you can live your best life. I firmly believe that we don’t have to (and most definitely shouldn’t) wait until we reach our “magic number” before we start enjoying the benefits of the FIRE … Read more
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
Welcome to our first Early Semi-Retirement update for 2022. This is where we share the ups and downs of our Coast FIRE journey to Financial Independence and beyond.
I started my first “real” job in early 2012. 10 years ago at the time of writing. A lot has changed in those 10 years. I went from being broke and feeling stuck to enjoying a fabulous semi-retired lifestyle with my family. Time for a look back. This article is a mix of personal reflection … Read more
It’s time for another FIRE FAQ post where I answer some of the most common questions I receive from readers. This time we’ll tackle three housing-related questions. As you might be aware Mr. Flamingo and I are currently in the early stages of the house-hunting process and hope to buy our semi-retirement home soon. I … Read more
When Kylie from Frank On FIRE recently announced that reaching Flamingo FI was her big goal for 2022 I was really excited for her and her family. Kylie is a fellow Australian FIRE blogger and lives in the beautiful Adelaide Hills with her husband and two sons. Like many others in the community, Kylie didn’t … Read more
A few months ago we completed our first full year of early semi-retirement. I wanted to get this article out earlier, but it has taken me a while to properly reflect on the things we’ve learned and the things that surprised us. Everyone’s journey is different. We are a family with young kids, which obviously … Read more
If there is one skill you need in order to reach Financial Independence it is this one: delayed gratification. The FIRE community as a whole is very good at it. Maybe a little too good…