Embracing Family Time: Mini-Retirement Parental Leave

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 Explained (Bonus: Free Barista FI Calculator)

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

Flamingo FI as a Way to Slow Down and Pursue Passion Projects

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

Baby FIRE – A Cool Milestone to Reach Before Starting a Family!

Interview with Emily aka @babyfireby30 about her version of Barista FI- Baby FIRE.

Today I have something special for you: an interview with Emily aka babyfireby30! Emily is a teacher and has come up with a really cool twist on the Barista FIRE concept – BabyFIRE. She is building passive investment income so she can one day start a family without having to worry about going back to … Read more

Why We Need Different Types of Financial Independence

Whether your goal is Lean, "Traditional" or Fat FIRE, there is a path to Financial Independence that is right for you: CoastFI, Barista FIRE and many more.

There are many FIRE acronyms and “types” of Financial Independence these days. These often get made fun of in the FIRE Community. Sure, some of these have hilarious names. But let me tell you one thing: If you roll your eyes every time someone comes up with a new FIRE term, you are missing the point.