In this episode, Michael continues his conversation with Kel, AKA Mrs Smart Money, who embarked on a "No Spend Year™" in 2019. She reduced her family's expenses by over €27,000, leading her to write a best-selling book, Mindful Money: More Money, More Freedom, More Happiness, became QFA qualified and became a money coach. Since her no spend year, she has harnessed her scientific background to create a powerful coaching formula to help others build the lives they deserve. In part 2, Kel shares details of what happened after her no spend year and how she was able to follow her passion to help mo ..read more

In this episode, Michael talks with Kel, AKA Mrs Smart Money, who embarked on a "No Spend Year™" in 2019. She reduced her family's expenses by over €27,000, leading her to write a best-selling book, Mindful Money: More Money, More Freedom, More Happiness, became QFA qualified and became a money coach. Since her no spend year, she has harnessed her scientific background to create a powerful coaching formula to help others build the lives they deserve. In part 1, Kel shares details of what led her to adopt the no spend year and how things played out as she embarked on this unconventional path ..read more

In this episode, Michael takes a close look at intentional money spending.  He explains how becoming good at spending money is a skill and gives examples of good and bad money spending habits. Show Notes Join the newsletter at: https://www.firepodcast.ie/newsletter ..read more

 In this episode, Michael talks with Andrew, who was last on the podcast in 2021 talking about Investment Trusts.  This time, Michael and Andrew compared property VS stock.  Likely the most discussed topic on many FIRE groups, what is the better investment, property or stocks? Andrew looks at the pros and cons of each and makes a conclusion about the better investment. Disclaimer: Michael and Andrew are not professional investors and nothing in this episode should be considered financial advise. Show Notes: Andrew's previous podcast episode: https://www.firepodcast.ie/investment ..read more

In this episode, Michael continues his conversation with Tom, a 26 year old pharmaceutical salesperson based in Wexford. In part two, we cover: - Tom discussed the power of the flexible work place and reasons not to worry about retiring early if you love your job. - Why the real journey from FIRE is to build a life you around work, rather than trying to escape from work. - Why the RE of FIRE is really just about leaving the 9-5 grind, more so than retiring in the traditional sense. - Michael compares his life from 2017 to today - to highlight how FIRE has changed his life. - Tom discusses ho ..read more

Tom, a 26 year old pharmaceutical salesperson based in Wexford, shares his FIRE story with Michael.  Tom was able to save €40,000 by the time he was 25 and purchase his first house aged 26. Tom's story is inspiring as he managed to avoid so many of the common financial pitfall's from such a young age.  His story shows what it possible when making sound financial decisions from a young age and is a blue print for anyone looking to pursue financial independence at any age. There will be more to come in part two of this interview. Show Notes: Follow Michael's process at: www.firepod ..read more

In this episode, Michael pays tribute to the Money Flamingo website (https://www.moneyflamingo.com).  He mentions how Tina's work has been a huge motivator for him, especially since 2021 and explores how many attributes from the Money Flamingo website are starting to apply to his own FIRE journey. Show Notes: Link to the Money Flamingo Article: https://www.moneyflamingo.com/time-to-semi-retire/ The Die with Zero Calculator: https://www.moneyflamingo.com/free-resources/ The Money Flamingo Podcast Interview: https://www.firepodcast.ie/flamingo-fire-the-money-flamingo-interview Subscrib ..read more

In this episode, Michael answers a few questions that he has received over the last few weeks from podcast listeners. These questions include: - What are the best broker accounts in Ireland? - What are the top two things Michael recommends when pursuing FIRE? - What are some of my options around travel expenses when self employed? - Questions around refinancing property to buy an investment property. Show Notes: Legal Deductions when you own your own company episode: https://www.firepodcast.ie/legal-tax-deducations-when-you-own-a-company Revenue guidelines on travel expenses: https://www.r ..read more

In this episode, Michael discusses the basic things that one needs to do to become a property investor.  He covers the ins and outs of looking for the right property to buy, to negotiating through the sales process.  The episode covers things such as the Rent Pressure Zone in Ireland, but is also suitable for listeners overseas. Show Notes: Episode with Ken: https://www.firepodcast.ie/talking-financial-independence-with-ken-from-the-humble-penny Previous Episodes on Property: https://www.firepodcast.ie/mortgages-with-laura-mansbridge https://www.firepodcast.ie/buying-an-investment ..read more

In this episode, Michael adds another chapter to his original episodes released back in 2019 on income.  He reviews various additional methods of potential ways to increase your income, including some of the recent methods being adopted by some members of the FIRE community.  Some of these methods are extreme, so please do your own research and take your own circumstances into account before pursuing any of these. Show Notes: Join the newsletter: https://www.firepodcast.ie/newsletter ..read more