STOP Saving So Much Money (Enjoy Getting to FIRE!) | Bigger Pockets Video

Get Banking Built for Landlords with Baselane: link

Join BiggerPockets for FREE 👇
link

Get to FIRE Faster with “Set for Life”:
link

Find an Investor-Friendly Agent in Your Area:
link

Do You Know Your FIRE Number? Here’s What That Means:
link

Connect with Sam:
link

Connect with Mindy:
link

Your FIRE number could be way too high! What’s the harm? In the worst-case scenario, you’ll just retire richer, right? Wrong! You could spend years or decades longer working when you could be living your financially independent life, traveling the world, spending time with your kids, or sleeping in a bit more every morning. Today’s guest, Sam, has a big FIRE goal, but it could be much more than he needs to retire early.

Like many of us FIRE freaks (and Mindy), Sam struggles to spend money, even a tiny amount of his take-home pay. He wants to enjoy the road to FIRE, but spending while trying to save as much as possible to retire early feels counterintuitive. But there’s a GOOD reason why you should start flexing your spending muscle, even while working toward FIRE.

Struggling to enjoy your path to FIRE? Feel like you’re being a little too conservative with your investing? Don’t worry, frugal friend, you’ll relate to this week’s FIRE show!

00:00 Enjoy Your Journey to FI!
00:53 Sponsor: Baselane!
01:45 Finding the FIRE Movement
03:56 Sam's FIRE Number
04:58 The "Conscious" Spending Plan
06:28 Struggling to SPEND?
08:42 Investments and Saving
09:57 FIRE Even Faster!
14:00 Losing His Job and Searching for Work
18:28 Early Retirement Plans
20:11 Best FIRE Advice
21:21 Connect with Sam!