Camp FIRE Finance

For those seeking FIRE, by those seeking FIRE

Main Content

Not everyone should pursue early retirement, but everyone should pursue financial independence.

Today’s Featured FIRE Content

Yesterday’s Featured FIRE Content

Camp FIRE Contributor Articles

Camp FIRE Finance is sponsored by

Random Articles That Can Help You Reach FIRE

Get Busy Living or Get Busy Dying: Finance Philosophy Explained by The Shawshank Redemption

GET BUSY LIVING OR GET BUSY DYING: FINANCE PHILOSOPHY EXPLAINED BY THE SHAWSHANK REDEMPTION. from Kitty at Bitches Get Riches.

In her own words: “The operative theory behind prisons is denial of choice. You can’t eat what you want. You can’t sleep when you want. You can’t travel where you like. You can’t capriciously pursue whatever ideas and activities interest you. And you cannot leave—even if you really really want to…Your prison is deficit.”

In our own words: Take a fantastic movie like The Shawshank Redemption and flip it into a metaphor for an amazing philosophy like FIRE and you’ve got yourself the makings of an amazing post. That’s what Kitty has done here and the results are great.  This post is as good as the movie itself but be warned, if salty language offends you then you prepare to be offended.  If not, click over for an amazing post!”

DEBT FREEDOM IS GREAT BUT PAYMENT FREEDOM IS BETTER

From Keep Thrifty …

“Last summer, we sold our house and moved into an apartment. We used the proceeds to pay off our mortgage. With this move, we’d achieved the thing we’d been thinking about since the day we’d bought our house, nearly ten years earlier. We were 100% debt-free!

We’d imagined the world of debt freedom to be a magical carefree place. So, we waited for the feeling of joy, excitement, relief, and freedom to come. Only, that feeling never came.

It didn’t take long to figure out why our newfound debt freedom wasn’t a life-changing event. When we compared our monthly budget for life in our house to our budget in an apartment, not much had changed.”

Keep reading … DEBT FREEDOM IS GREAT BUT PAYMENT FREEDOM IS BETTER

IT’S GOOD TO HAVE SOME RULES

From Ms. Liz Money Matters …

“I have a few rules I live by.  I don’t buy toys on credit. Toys are optional and credit is only for must haves. Buying a boat? Cash. Buying a house? Credit if necessary.

I don’t drink during the week. Now you know there are going to be a bunch of exceptions to this draconian rule! If we’re socializing with friends, we can drink. We can also earn a beer by mountain biking seven miles. Lately, spending the day remodeling earns a beer. . . or two.

Rules help me keep my good habits. But I can’t blindly follow some rules. One rule of thumb is that you need 70% to 80% of your pre-retirement income to retire. If I had followed this rule, I’d likely never have retired.”

Keep reading … IT’S GOOD TO HAVE SOME RULES

Financial Independence? Retire Early? Game on!

Stacking Benjamins PodcastFrom The Stacking Benjamins Show …

“Excited about an aggressive retirement? Even if you’re only mildly interested in the topic of financial independence, today’s guest is going to light a FIRE under your plans. The Mad Fientist joins us today to talk first about his personal journey to an early out with a traditional job.

We’ll talk about the opportunities, pitfall, and even nerd out on some serious financial planning numbers you’ll need to know if you’re thinking about calling it quits at your job.”

Listen to … FINANCIAL INDEPENDENCE? RETIRE EARLY? GAME ON!

YOU INSPIRED ME TO QUIT MY JOB!

From Paul Jarvis …

“Fairly frequently, I get emails similar to this:  “I’ve been following your work for years and you’ve inspired me to quit my job and try to build an online product/freelance!”

The problem is that I’d never want to inspire such an endeavor. Ever. Well, maybe, but with some huge caveats.”

Keep reading … YOU INSPIRED ME TO QUIT MY JOB!

Camp FIRE Finance is sponsored by